Sit Quality Income Fund Probability of Future Mutual Fund Price Finishing Under 9.57
| SQIFX Fund | USD 9.53 0.01 0.10% |
Sit |
Sit Quality Target Price Odds to finish below 9.57
The tendency of Sit Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 9.57 after 90 days |
| 9.53 | 90 days | 9.57 | about 80.81 |
Based on a normal probability distribution, the odds of Sit Quality to stay under $ 9.57 after 90 days from now is about 80.81 (This Sit Quality Income probability density function shows the probability of Sit Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Sit Quality Income price to stay between its current price of $ 9.53 and $ 9.57 at the end of the 90-day period is about 32.27 .
Assuming the 90 days horizon Sit Quality Income has a beta of -0.024. This usually implies as returns on the benchmark increase, returns on holding Sit Quality are expected to decrease at a much lower rate. During a bear market, however, Sit Quality Income is likely to outperform the market. Additionally Sit Quality Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sit Quality Price Density |
| Price |
Predictive Modules for Sit Quality
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sit Quality Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sit Quality Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sit Quality is not an exception. The market had few large corrections towards the Sit Quality's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Sit Quality Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sit Quality within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.9 |
Sit Quality Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sit Quality for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sit Quality Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sit Quality Income generated a negative expected return over the last 90 days | |
| The fund maintains about 95.94% of its assets in bonds |
Sit Quality Technical Analysis
Sit Quality's future price can be derived by breaking down and analyzing its technical indicators over time. Sit Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sit Quality Income. In general, you should focus on analyzing Sit Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Sit Quality Predictive Forecast Models
Sit Quality's time-series forecasting models is one of many Sit Quality's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Sit Quality's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Sit Quality Income
Checking the ongoing alerts about Sit Quality for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sit Quality Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sit Quality Income generated a negative expected return over the last 90 days | |
| The fund maintains about 95.94% of its assets in bonds |
Other Information on Investing in Sit Mutual Fund
Sit Quality financial ratios help investors to determine whether Sit 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 Sit with respect to the benefits of owning Sit Quality security.
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