Sit Balanced Fund Price on October 2, 2024
| SIBAX Fund | USD 36.73 0.35 0.96% |
Below is the normalized historical share price chart for Sit Balanced Fund extending back to March 07, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sit Balanced stands at 36.73, as last reported on the 4th of December, with the highest price reaching 36.73 and the lowest price hitting 36.73 during the day.
If you're considering investing in Sit Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Sit Mutual Fund to be very steady. Sit Balanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sit Balanced Fund, which you can use to evaluate the volatility of the fund. Please validate Sit Balanced's Semi Deviation of 0.4732, risk adjusted performance of 0.0938, and Coefficient Of Variation of 785.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Sit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sit |
Sharpe Ratio = 0.188
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| Cash | SIBAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Sit Balanced is performing at about 14% of its full potential. 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 Sit Balanced by adding it to a well-diversified portfolio.
Sit Balanced Valuation on October 2, 2024
It is possible to determine the worth of Sit Balanced on a given historical date. On October 2, 2024 Sit was worth 35.02 at the beginning of the trading date compared to the closed value of 35.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sit Balanced mutual fund. Still, in general, we apply an absolute valuation method to find Sit Balanced'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 Sit Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sit Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 34.96 | 34.96 | 34.96 | 34.96 | 1.00 | |
10/02/2024 | 35.02 | 35.02 | 35.02 | 35.02 | 1.00 |
| 34.98 | 34.98 | 34.98 | 34.98 | 1.00 |
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Sit Balanced Trading Date Momentum on October 2, 2024
| On October 03 2024 Sit Balanced Fund was traded for 34.98 at the closing time. The highest daily price throughout the period was 34.98 and the lowest price was 34.98 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.11% . The trading price change to current closing price is 1.68% . |
Sit Balanced Fundamentals Correlations and Trends
By evaluating Sit Balanced'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 Sit Balanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sit Balanced Mutual Fund history
Sit Balanced 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 Sit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sit Balanced 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 Sit Balanced stock prices may prove useful in developing a viable investing in Sit Balanced
The fund invests between 35 percent and 65 percent of its assets in common stocks and between 35 percent and 65 percent in fixed-income securities. The equity portion of the funds portfolio is invested primarily in the common stocks of U.S. growth companies with a capitalization of 5 billion or more. The fixed-income portion of the funds portfolio is invested primarily in a diversified portfolio of debt securities. The adviser seeks to maintain an average effective duration for the fixed-income portion of the funds portfolio of 3 to 7 years.
Sit Balanced Mutual Fund Technical Analysis
Sit Balanced technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Sit Balanced Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Sit Balanced Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sit Balanced December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Sit Balanced mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sit Balanced shares will generate the highest return on investment. By undertsting and applying Sit Balanced mutual fund market strength indicators, traders can identify Sit Balanced Fund entry and exit signals to maximize returns
Sit Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sit Balanced's price direction in advance. Along with the technical and fundamental analysis of Sit Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sit 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 | 0.0938 | |||
| Jensen Alpha | 0.007 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1164 |
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| Volume Indicators |
Other Information on Investing in Sit Mutual Fund
Sit Balanced 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 Balanced security.
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