State Street Mutual Fund Forward View - Simple Moving Average
| SSFOX Fund | USD 11.38 -0.12 -1.04% |
The forecast reference data for State Street on this page is generated using Simple Moving Average applied to historical price observations. Projected values and error measures are included as reference material.
The Simple Moving Average forecasted value of State Street Target on the next trading day is expected to be 11.38 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.99.The simple moving average model is conceptually a linear regression of the current value of State Street Target price series against current and previous (unobserved) value of State Street. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future The Simple Moving Average reference values for State Street are derived from publicly available price data and should be used for informational purposes only. Simple Moving Average Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Moving Average forecasted value of State Street Target on the next trading day is expected to be 11.38 with a mean absolute deviation of 0.03 , mean absolute percentage error of 0.002 , and the sum of the absolute errors of 1.99 .Please note that although there have been many attempts to predict State Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that State Street's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
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Forecasted Value
For the next trading day, Macroaxis evaluates State Street's predictive range by looking for statistically meaningful downside and upside boundaries. At the moment, the model places downside around 11.05 and upside around 11.71 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of State Street mutual fund data series using in forecasting. Note that when a statistical model is used to represent State Street mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 108.2288 |
| Bias | Arithmetic mean of the errors | -0.003 |
| MAD | Mean absolute deviation | 0.0336 |
| MAPE | Mean absolute percentage error | 0.0029 |
| SAE | Sum of the absolute errors | 1.985 |
Other Forecasting Options for State Street
Investors at all stages of experience who consider State must develop an understanding of State Street's price dynamics. The noise embedded in State Mutual Fund price charts can create misleading signals and skew investment decisions.State Street Related Equities
The following equities are related to State Street within the Target-Date Retirement space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing State Street against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
State Street Market Strength Events
Market strength indicators applied to State Street mutual fund give investors a structured view of the security's momentum relative to the overall market. Using these indicators, traders can refine their timing when entering or exiting positions in State Street Target.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.38 | |||
| Day Typical Price | 11.38 | |||
| Price Action Indicator | -0.06 | |||
| Period Momentum Indicator | -0.12 | |||
| Relative Strength Index | 40.25 |
State Street Risk Indicators
Evaluating State Street's risk indicators is an important step in accurately forecasting its price and assessing the suitability of an investment. Understanding the risk profile of State Street's allows investors to make more informed decisions about position sizing and risk.
| Mean Deviation | 0.2322 | |||
| Semi Deviation | 0.2828 | |||
| Standard Deviation | 0.3271 | |||
| Variance | 0.107 | |||
| Downside Variance | 0.1577 | |||
| Semi Variance | 0.08 | |||
| Expected Short fall | -0.25 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for State Street
Coverage intensity for State Street Target matters because narrative visibility can influence sentiment, participation, and volatility around the name. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis publishes story content for a diverse readership that includes finance students, independent investors, money managers, and market-focused operating teams. What connects that audience is a focus on building stronger portfolios through better research, risk awareness, and comparative analysis.