Stet California Competition

SBDAX Fund

USD 10.21 0.03 0.29%

Stet California Municipal competes with Massmutual Premier, Adams Diversified, Jhancock Diversified, Aqr Diversified, and Tiaa Cref; as well as few others. The fund is listed under Muni California Intermediate category and is part of SEI family. Analyzing Stet California competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Stet California to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Stet California Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Stet California competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
10.01	10.21	10.41

Details

Intrinsic

Valuation

Low	Real	High
9.65	9.85	11.23

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Stet California. Your research has to be compared to or analyzed against Stet California's peers to derive any actionable benefits. When done correctly, Stet California's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Stet California Municipal.

Stet California Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Stet California and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Stet and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Stet California Municipal does not affect the price movement of the other competitor.

	MDBLX	ADX	XHNWX	JDJRX	QDARX	TRHBX
MDBLX		-0.45	0.69	0.61	0.27	-0.29	MDBLX
ADX	-0.45		0.07	-0.21	-0.77	0.82	ADX
XHNWX	0.69	0.07		0.36	-0.14	0.11	XHNWX
JDJRX	0.61	-0.21	0.36		0.14	-0.35	JDJRX
QDARX	0.27	-0.77	-0.14	0.14		-0.61	QDARX
TRHBX	-0.29	0.82	0.11	-0.35	-0.61		TRHBX
	MDBLX	ADX	XHNWX	JDJRX	QDARX	TRHBX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

High positive correlations

TRHBX	+ 0.82	ADX
XHNWX	+ 0.69	MDBLX
JDJRX	+ 0.61	MDBLX
JDJRX	+ 0.36	XHNWX
QDARX	+ 0.27	MDBLX
QDARX	+ 0.14	JDJRX

High negative correlations

QDARX	- 0.77	ADX
TRHBX	- 0.61	QDARX
ADX	- 0.45	MDBLX
TRHBX	- 0.35	JDJRX
TRHBX	- 0.29	MDBLX
JDJRX	- 0.21	ADX

Risk-Adjusted Indicators

There is a big difference between Stet Mutual Fund performing well and Stet California 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 Stet California'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MDBLX	0.22	(0.03)	0.00	(5.23)	0.00	0.00	0.37	(0.60)	1.35
ADX	0.57	0.02	(0.01)	0.13	0.59	(0.62)	1.29	(1.10)	3.44
XHNWX	0.15	(0.02)	0.00	(0.34)	0.00	0.00	0.23	(0.61)	1.38
JDJRX	0.44	(0.01)	(0.11)	0.06	0.50	(0.47)	1.00	(0.88)	2.54
QDARX	0.10	(0.03)	0.00	(0.32)	0.00	0.00	0.16	(0.24)	0.73
TRHBX	0.95	(0.08)	(0.02)	0.04	1.33	(0.99)	2.09	(1.60)	11.74

Unable to evaluate fundamental data of [MDBLX, ADX, XHNWX, JDJRX, QDARX, TRHBX] at this time. Please try again later

All Fundamental Data

Stet California Competitive Analysis

The better you understand Stet California competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Stet California's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Stet California's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	SBDAX	MDBLX	ADX	XHNWX	JDJRX	QDARX	TRHBX
	0.29 10.21 Stet	0.37 8.18 Massmutual	0.83 20.66 Adams	0.08 13.02 Pioneer	0.22 9.13 Jhancock	0.08 12.21 Aqr	0.68 25.17 Tiaa
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	OK	Very Weak	Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	About Average	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Sell	Strong Hold	Cautious Hold	Hold	Cautious Hold	Strong Hold
Net Asset	258.46 M	207.76 M	N/A	N/A	215.57 M	467.83 M	2.97 B
Minimum Initial Investment	100 K	N/A	N/A	N/A	N/A	N/A	N/A
Price To Book	N/A	N/A	0.77 X	N/A	N/A	2.05 X	N/A
Five Year Return	0.48 %	0.73 %	14.75 %	N/A	2.48 %	6.91 %	8.84 %
One Year Return	3.05 %	9.29 %	27.54 %	N/A	1.48 %	3.61 %	22.02 %
Last Dividend Paid	0.01	0.42	0.2	0.11	0.2	0.18	0.23
Price To Earning	N/A	N/A	4.93 X	N/A	N/A	20.89 X	1.91 X
Beta	N/A	N/A	0.96	N/A	N/A	N/A	N/A
Price To Sales	N/A	N/A	50.73 X	N/A	N/A	1.20 X	N/A
Cash Position Weight	0.66 %	7.82 %	N/A	N/A	56.27 %	24.27 %	0.56 %
Equity Positions Weight	N/A	N/A	N/A	N/A	35.24 %	15.63 %	99.44 %
Three Year Return	(0.41) %	(2.15) %	9.81 %	N/A	5.88 %	1.39 %	3.92 %
Annual Yield	0.01 %	0.09 %	0 %	N/A	0.02 %	0.03 %	0.01 %
Year To Date Return	1.63 %	6.39 %	25.93 %	N/A	3.39 %	2.69 %	17.12 %
Bond Positions Weight	99.34 %	15.06 %	N/A	N/A	(92.27) %	0.19 %	N/A
Ten Year Return	3.03 %	3.86 %	N/A	N/A	N/A	2.23 %	9.35 %
Day Typical Price	10.21	8.18	20.62	13.02	9.13	12.21	25.17
Accumulation Distribution	N/A	N/A	2563.62	N/A	N/A	N/A	N/A
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	1.0	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T
Period Momentum Indicator	(0.03)	(0.03)	0.17	(0.01)	(0.02)	(0.01)	0.17
Rate Of Daily Change	1.0	1.0	1.01	1.0	1.0	1.0	1.01
Day Median Price	10.21	8.18	20.61	13.02	9.13	12.21	25.17
Price Action Indicator	(0.01)	(0.01)	0.14	(0.01)	(0.01)	(0.01)	0.085
Coefficient Of Variation	(2,317)	(1,230)	762.76	(7,475)	1839.5	(1,166)	2018.79
Mean Deviation	0.1309	0.219	0.5676	0.1467	0.4354	0.1048	0.952
Jensen Alpha	(0.01)	(0.03)	0.0246	(0.02)	(0.01)	(0.03)	(0.08)
Total Risk Alpha	(0.04)	(0.07)	(0.01)	(0.04)	(0.05)	(0.04)	(0.12)
Sortino Ratio	N/A	N/A	(0.01)	N/A	(0.11)	N/A	(0.02)
Downside Variance	N/A	N/A	0.4939	N/A	0.3972	N/A	2.17
Standard Deviation	0.201	0.2889	0.7297	0.2395	0.5502	0.1429	1.44
Kurtosis	4.14	0.6138	0.5109	4.62	(0.40)	0.8769	6.8
Potential Upside	0.1974	0.3654	1.29	0.2317	1.0	0.1641	2.09
Treynor Ratio	0.3459	(5.23)	0.1265	(0.34)	0.0626	(0.32)	0.0387
Maximum Drawdown	1.08	1.35	3.44	1.38	2.54	0.7328	11.74
Variance	0.0404	0.0834	0.5325	0.0574	0.3027	0.0204	2.08
Market Risk Adjusted Performance	0.3559	(5.22)	0.1365	(0.33)	0.0726	(0.31)	0.0487
Risk Adjusted Performance	(0.06)	(0.07)	0.0951	(0.03)	0.0362	(0.10)	0.0409
Skewness	(1.00)	0.0143	0.3785	(1.78)	0.0114	(0.52)	0.0096
Semi Deviation	N/A	N/A	0.5864	N/A	0.5046	N/A	1.33
Information Ratio	(0.54)	(0.43)	(0.01)	(0.43)	(0.13)	(0.79)	(0.02)
Value At Risk	(0.39)	(0.60)	(1.10)	(0.61)	(0.88)	(0.24)	(1.60)
Expected Short fall	N/A	N/A	(0.62)	N/A	(0.47)	N/A	(0.99)
Downside Deviation	N/A	N/A	0.7028	N/A	0.6302	N/A	1.47
Semi Variance	N/A	N/A	0.3438	N/A	0.2546	N/A	1.77

Stet California Competition Performance Charts

Five steps to successful analysis of Stet California Competition

Stet California's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Stet California Municipal in relation to its competition. Stet California's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Stet California in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Stet California's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Stet California Municipal, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in Stet Mutual Fund

Stet California financial ratios help investors to determine whether Stet 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 Stet with respect to the benefits of owning Stet California security.

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