State Street Preferred Stock Price on May 13, 2024
STT-PG Preferred Stock | USD 23.69 0.04 0.17% |
If you're considering investing in State Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of State Street stands at 23.69, as last reported on the 23rd of December, with the highest price reaching 23.86 and the lowest price hitting 23.68 during the day. State Street owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. State Street exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate State Street's Variance of 0.2346, risk adjusted performance of (0.1), and Coefficient Of Variation of (885.36) to confirm the risk estimate we provide.
State Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
State |
Sharpe Ratio = -0.107
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Estimated Market Risk
0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 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 Valuation on May 13, 2024
It is possible to determine the worth of State Street on a given historical date. On May 13, 2024 State was worth 23.0 at the beginning of the trading date compared to the closed value of 23.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of State Street preferred stock. 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 | |
22.90 | 23.04 | 22.90 | 23.00 | 29,080 | |
05/13/2024 | 23.00 | 23.17 | 22.98 | 23.16 | 20,120 |
23.12 | 23.28 | 23.08 | 23.14 | 30,596 |
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State Street Trading Date Momentum on May 13, 2024
On May 14 2024 State Street was traded for 23.14 at the closing time. The maximum traded price for the trading interval was 23.28 and the lowest daily price was 23.08 . The daily volume was recorded at 30.6 K. The volume of trading on 14th of May 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.09% . The trading price change to the closing price today is 1.25% . |
State Street 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 Preferred Stock 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 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
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts. State Street operates under Asset Management classification in USA and is traded on New York Stock Exchange. It employs 483 people.
State Street Preferred Stock Technical Analysis
State Street technical preferred stock 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
State Street Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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State Street December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how State Street preferred stock 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 preferred stock market strength indicators, traders can identify State Street 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 Preferred Stock 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 | (0.1) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.79) |
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Volume Indicators |
Complementary Tools for State Preferred Stock analysis
When running State Street's price analysis, check to measure State Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.
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