State Street Correlations

Mutual Funds . USA . 
Fund . State Street Target
SSBSX Fund  USD 13.28  0.04  0.30%   
The current 90-days correlation between State Street Target and Bbh Intermediate Municipal is 0.13 (i.e., Average diversification). The correlation of State Street is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

State Street Correlation With Market

Very poor diversification

The correlation between State Street Target and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding State Street Target and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in State Street Target. 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 main economic indicators.

Moving together with State Mutual Fund

  0.92SSAHX State Street TargetPairCorr
  0.95SSAJX State Street TargetPairCorr
  0.76SSAIX Ssga International StockPairCorr
  0.91SSAFX State Street AggregatePairCorr
  0.88SSAOX State Street TargetPairCorr
  0.95SSAQX State Street CorePairCorr
  0.95SSAKX State Street TargetPairCorr
  1.0SSBYX State Street TargetPairCorr
  1.0SSBWX State Street TargetPairCorr
  0.99SSCKX State Street TargetPairCorr
  0.99SSCNX State Street TargetPairCorr
  1.0SSCJX State Street TargetPairCorr
  0.99SSCQX State Street TargetPairCorr
  0.89SSAWX State Street TargetPairCorr
  0.95SSAZX State Street TargetPairCorr
  0.94SSAYX State Street TargetPairCorr
  0.92SSASX State Street IncomePairCorr
  0.94SSAUX State Street TargetPairCorr
  0.89SSBRX State Street TargetPairCorr
  0.92SSDYX State Street TargetPairCorr
  0.97SSEYX State Street EquityPairCorr
  0.99SSDEX State Street TargetPairCorr
  0.94SSDDX State Street TargetPairCorr
  0.94SSDOX State Street TargetPairCorr
  0.92SSDJX State Street TargetPairCorr
  0.92SSDLX State Street TargetPairCorr
  0.94SSDWX State Street TargetPairCorr
  0.99SSDQX State Street TargetPairCorr
  0.97SSGLX State Street GlobalPairCorr
  0.82SSGHX State Street GlobalPairCorr
  0.86SSGJX State Street GlobalPairCorr
  0.97SSGVX State Street GlobalPairCorr
  0.91SSFDX State Street AggregatePairCorr
  0.92SSFCX State Street AggregatePairCorr
  0.94SSFJX State Street TargetPairCorr
  0.94SSFKX State Street TargetPairCorr
  0.91SSFEX State Street AggregatePairCorr
  0.91SSFRX State Street EquityPairCorr
  0.97SSFNX State Street TargetPairCorr

Related Correlations Analysis


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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY