Sit Government Securities Fund Price on November 4, 2024
| SNGYX Fund | USD 10.25 0.02 0.19% |
Below is the normalized historical share price chart for Sit Government Securities extending back to January 02, 2020. 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 Government stands at 10.25, as last reported on the 13th of December 2024, with the highest price reaching 10.25 and the lowest price hitting 10.25 during the day.
If you're considering investing in Sit Mutual Fund, it is important to understand the factors that can impact its price. Sit Government Securities owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the fund had a -0.15% return per unit of risk over the last 3 months. Sit Government Securities exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sit Government's Information Ratio of (0.67), standard deviation of 0.2056, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
Sit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sit |
Sharpe Ratio = -0.1548
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Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sit Government 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 Sit Government by adding Sit Government to a well-diversified portfolio.
Sit Government Valuation on November 4, 2024
It is possible to determine the worth of Sit Government on a given historical date. On November 4, 2024 Sit was worth 10.21 at the beginning of the trading date compared to the closed value of 10.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sit Government mutual fund. Still, in general, we apply an absolute valuation method to find Sit Government'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 Government where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sit Government's related companies.
| Open | High | Low | Close | Volume | |
| 10.19 | 10.19 | 10.19 | 10.19 | 1.00 | |
11/04/2024 | 10.21 | 10.21 | 10.21 | 10.21 | 1.00 |
| 10.22 | 10.22 | 10.22 | 10.22 | 1.00 |
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Sit Government Trading Date Momentum on November 4, 2024
| On November 05 2024 Sit Government Securities was traded for 10.22 at the closing time. The highest daily price throughout the period was 10.22 and the lowest price was 10.22 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.10% . |
Sit Government Securities Fundamentals Correlations and Trends
By evaluating Sit Government'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 Government'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 Government Mutual Fund history
Sit Government 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 Government Securities 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 Government stock prices may prove useful in developing a viable investing in Sit Government
The fund invests exclusively in U.S. government securities, which are securities issued, guaranteed or insured by the U.S. government, its agencies or instrumentalities. It invests a substantial portion of its assets in pass-through securities. The Adviser attempts to maintain an average effective duration for the portfolio of approximately 0 to 5 years. The funds dollar-weighted average maturity will, under normal market conditions, range between 15 and 25 years.
Sit Government Mutual Fund Technical Analysis
Sit Government 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 Government Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Sit Government Securities 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 Government December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Sit Government 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 Government shares will generate the highest return on investment. By undertsting and applying Sit Government mutual fund market strength indicators, traders can identify Sit Government Securities entry and exit signals to maximize returns
Sit Government Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sit Government'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 | (0.12) | |||
| Total Risk Alpha | (0.06) |
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Other Information on Investing in Sit Mutual Fund
Sit Government 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 Government security.
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