State Street Correlations

State Street Correlation With Market

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in housing.

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations    GMBXX + 0.96 FRQXX GABXX + 0.91 GMBXX GABXX + 0.87 FRQXX FRQXX + 0.56 FMVUX GMBXX + 0.56 FMVUX GABXX + 0.54 FMVUX

High negative correlations    PBMXX - 0.0 GABXX PBMXX - 0.0 GMBXX PBMXX - 0.0 FRQXX PBMXX - 0.0 FMVUX PBMXX - 0.0 ICAXX GABXX - 0.0 ICAXX

Risk-Adjusted Indicators

There is a big difference between State Mutual Fund performing well and State Street Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze State Street's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.