State Street Emerging Fund Manager Performance Evaluation

SSKEX Fund  USD 66.58  0.07  0.11%   
The entity has a beta of 0.0472, which indicates not very significant fluctuations relative to the market. As returns on the market increase, State Street's returns are expected to increase less than the market. However, during the bear market, the loss of holding State Street is expected to be smaller as well.

Risk-Adjusted Performance

0 of 100

 
Weak
 
Strong
Very Weak
Over the last 90 days State Street Emerging has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's technical and fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more
1
These Funds Hold Cash When Opportunities Are Scarce - Morningstar
12/09/2024
Expense Ratio0.0740
  

State Street Relative Risk vs. Return Landscape

If you would invest  7,125  in State Street Emerging on September 26, 2024 and sell it today you would lose (467.00) from holding State Street Emerging or give up 6.55% of portfolio value over 90 days. State Street Emerging is currently producing negative expected returns and takes up 0.8066% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than State, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon State Street is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.0 times less risky than the market. the firm trades about -0.13 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.06 of returns per unit of risk over similar time horizon.

State Street Current Valuation

Fairly Valued
Today
66.58
Please note that State Street's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. State Street Emerging has a current Real Value of $67.38 per share. The regular price of the fund is $66.58. We determine the value of State Street Emerging from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since State Street is currently traded on the exchange, buyers and sellers on that exchange determine the market value of State Mutual Fund. However, State Street's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  66.58 Real  67.38 Hype  66.64
The intrinsic value of State Street's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence State Street's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
67.38
Real Value
68.19
Upside
Estimating the potential upside or downside of State Street Emerging helps investors to forecast how State mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of State Street more accurately as focusing exclusively on State Street's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
65.8366.6467.45
Details

State Street Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for State Street's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as State Street Emerging, and traders can use it to determine the average amount a State Street's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1294

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSSKEX

Estimated Market Risk

 0.81
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average State Street is not performing at its full potential. However, 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 State Street to a well-diversified portfolio.

State Street Fundamentals Growth

State Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of State Street, and State Street fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on State Mutual Fund performance.
Total Asset918.24 M

About State Street Performance

Evaluating State Street's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if State Street has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if State Street has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund generally invests substantially all, but at least 80, of its net assets in securities included in the index or in other securities of emerging market companies providing exposure comparable, in the Advisers view, to securities comprising the index. The index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging market countries.

Things to note about State Street Emerging performance evaluation

Checking the ongoing alerts about State Street for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for State Street Emerging help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
State Street generated a negative expected return over the last 90 days
Latest headline from news.google.com: These Funds Hold Cash When Opportunities Are Scarce - Morningstar
The fund generated three year return of -1.0%
State Street Emerging maintains 96.94% of its assets in stocks
Evaluating State Street's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate State Street's mutual fund performance include:
  • Analyzing State Street's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether State Street's stock is overvalued or undervalued compared to its peers.
  • Examining State Street's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating State Street's management team can have a significant impact on its success or failure. Reviewing the track record and experience of State Street's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of State Street's mutual fund. These opinions can provide insight into State Street's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating State Street's mutual fund performance is not an exact science, and many factors can impact State Street's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio