NAS10029,447+1.73%S&P7,638+1.14%GOLD$4,412+0.27%BTC$77,965+2.04%VIX15.48+0.26%live tape · as of 13:00 UTC
The Screen · Financials · Asset Management
State Street Corporation
STT · a US exchange · USD · Market cap $52.7B · 51,503 employees
State Street Corporation provides various financial products and services to institutional investors.
FAIL · Does not pass the screen
191.89 USD
At the last full screen 2026-09-09
Screened 2026-09-09 · the tape above runs as of 13:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
State Street Corporation holds its Distribution at $191.89. The statistical read favours the buyers, held for 88 days.
As held on the ledger · 2026-09-09
Phase
Distribution · caution
Quantitative state
The statistical read favours the buyers, held for 88 days
Price at the screen
$191.89
Valuation
16.95 trailing · 12.53 forward price to earnings
Values screen
FAIL· score 10.0
Beta
1.42
The Workings
Five Screens, Shown in Full
Does not pass. Business activity screen
Test
Figure
Limit
What it means
Status
Business activity
Excluded
Core business clean
Business activity: Financials sector
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads AVOID: it trades at roughly a 12% discount to our $214.84 fair value, moderate competitive moat.
Fair value range in USD, drawn from the 2026-09-09 screen. The gold marker is the market price at the same screen. A 12.0% margin of safety to the base estimate.
Third-party analyst targets: 14 covering, consensus Buy. The average target sits +4% from the screen price.
Reading the gap · Our model sees value the Street hasn't fully caught up to yet.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-09 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Custody bank stumbles on its own ethics test
Picture the quiet back office that keeps pension funds and asset managers in working order across the globe. State Street sits right there, handling custody and administration for trillions in assets. The numbers look steady enough on paper, yet the story stops before it starts.
We pass outright. Revenue is already shrinking 3 percent, the forward multiple sits at 12.1 times, and return on equity barely clears 12 percent. None of that would matter if the business cleared our ethical screen, but it does not. The activity screen flags it, and that single failure overrides any margin of safety to our fair value of 212.
Analysts still cluster around a buy rating with targets near 198, yet they ignore the ethical line entirely. A moderate moat offers little protection when core activity itself is disqualified. Analysis, not advice.
The risks · The things to watch: it already moves more than the market on an average day.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
STT trades on a US exchange. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-14Accumulation$191.89+2.6%Entry 5
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 2.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 27% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 68%. Our forward projection puts the odds of a 10% gain over the next month near 30%. The street (14 analysts) rates it buy, with a mean price target of $200.
2026-08-14Accumulation$187.05+15.6%Entry 4
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 15.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 27% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 68%. Our forward projection puts the odds of a 10% gain over the next month near 30%. The street (14 analysts) rates it buy, with a mean price target of $161.
2026-07-18Accumulation$161.75+0.0%Entry 3
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 27% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 68%. Our forward projection puts the odds of a 10% gain over the next month near 30%. The street (14 analysts) rates it buy, with a mean price target of $161.
2026-07-03Accumulation$161.75+0.0%Entry 2
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Accumulation$161.75Entry 1
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
