State Street Target Fund Price on April 1, 2024
SSBYX Fund | USD 13.96 0.04 0.29% |
Below is the normalized historical share price chart for State Street Target extending back to October 01, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of State Street stands at 13.96, as last reported on the 24th of November, with the highest price reaching 13.96 and the lowest price hitting 13.96 during the day.
If you're considering investing in State Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider State Mutual Fund to be very steady. State Street Target owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0436, which indicates the fund had a 0.0436% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for State Street Target, which you can use to evaluate the volatility of the fund. Please validate State Street's Risk Adjusted Performance of 0.0478, semi deviation of 0.4136, and Coefficient Of Variation of 1388.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.0186%.
State Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
State |
Sharpe Ratio = 0.0436
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Negative Returns | SSBYX |
Estimated Market Risk
0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average State Street is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of State Street by adding it to a well-diversified portfolio.
State Street Valuation on April 1, 2024
It is possible to determine the worth of State Street on a given historical date. On April 1, 2024 State was worth 12.98 at the beginning of the trading date compared to the closed value of 12.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of State Street mutual fund. Still, in general, we apply an absolute valuation method to find State Street's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of State Street where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against State Street's related companies.
Open | High | Low | Close | Volume | |
13.05 | 13.05 | 13.05 | 13.05 | 1.00 | |
04/01/2024 | 12.98 | 12.98 | 12.98 | 12.98 | 1.00 |
12.93 | 12.93 | 12.93 | 12.93 | 1.00 |
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State Street Trading Date Momentum on April 1, 2024
On April 02 2024 State Street Target was traded for 12.93 at the closing time. The highest daily price throughout the period was 12.93 and the lowest price was 12.93 . There was no trading activity during the period 1.0. Lack of trading volume on 04/02/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.39% . The trading price change to current closing price is 1.00% . |
State Street Target Fundamentals Correlations and Trends
By evaluating State Street's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among State Street's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. State financial account trend analysis is a perfect complement when working with valuation or volatility modules.About State Street Mutual Fund history
State Street investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for State is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in State Street Target will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing State Street stock prices may prove useful in developing a viable investing in State Street
SSGA Funds Management, Inc. manages the Target Retirement 2030 Fund using a proprietary asset allocation strategy. The fund is a fund of funds that invests in a combination of mutual funds and ETFs sponsored by the Adviser or its affiliates . It is intended for investors expecting to retire around the year 2030 and who are likely to stop making new investments in the fund at that time.
State Street Mutual Fund Technical Analysis
State Street technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
State Street Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
State Street Target cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
State Street November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how State Street mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading State Street shares will generate the highest return on investment. By undertsting and applying State Street mutual fund market strength indicators, traders can identify State Street Target entry and exit signals to maximize returns
State Street Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for State Street's price direction in advance. Along with the technical and fundamental analysis of State Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of State to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0478 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.20) | |||
Treynor Ratio | 0.0515 |
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Volume Indicators |
Other Information on Investing in State Mutual Fund
State Street financial ratios help investors to determine whether State Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in State with respect to the benefits of owning State Street security.
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