Sit Quality Income Fund Price on October 14, 2024
| SQIFX Fund | USD 9.53 0.01 0.10% |
Below is the normalized historical share price chart for Sit Quality Income extending back to December 31, 2012. 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 Quality stands at 9.53, as last reported on the 12th of December 2024, with the highest price reaching 9.53 and the lowest price hitting 9.53 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 Quality Income owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0645, which indicates the fund had a -0.0645% return per unit of risk over the last 3 months. Sit Quality Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sit Quality's Coefficient Of Variation of (1,587), risk adjusted performance of (0.08), and Variance of 0.0223 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 = -0.0645
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| Negative Returns | SQIFX |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sit Quality 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 Quality by adding Sit Quality to a well-diversified portfolio.
Sit Quality Valuation on October 14, 2024
It is possible to determine the worth of Sit Quality on a given historical date. On October 14, 2024 Sit was worth 9.52 at the beginning of the trading date compared to the closed value of 9.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sit Quality mutual fund. Still, in general, we apply an absolute valuation method to find Sit Quality'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 Quality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sit Quality's related companies.
| Open | High | Low | Close | Volume | |
| 9.54 | 9.54 | 9.54 | 9.54 | 1.00 | |
10/14/2024 | 9.52 | 9.52 | 9.52 | 9.52 | 1.00 |
| 9.54 | 9.54 | 9.54 | 9.54 | 1.00 |
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Sit Quality Trading Date Momentum on October 14, 2024
| On October 15 2024 Sit Quality Income was traded for 9.54 at the closing time. The highest daily price throughout the period was 9.54 and the lowest price was 9.54 . There was no trading activity during the period 1.0. Lack of trading volume on 10/15/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.21% . The trading price change to current closing price is 0.21% . |
Sit Quality Income Fundamentals Correlations and Trends
By evaluating Sit Quality'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 Quality'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 Quality Mutual Fund history
Sit Quality 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 Quality Income 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 Quality stock prices may prove useful in developing a viable investing in Sit Quality
The fund seeks to achieve its objective by investing under normal market conditions at least 80 percent of its assets in debt securities issued by the U.S. government and its agencies, debt securities issued by corporations, and mortgage and other asset-backed securities. It invests at least 50 percent of its assets in U.S. government debt securities, which are securities issued, guaranteed or insured by the U.S. government, its agencies or instrumentalities. The funds dollar-weighted average portfolio quality is expected to be A or better.
Sit Quality Mutual Fund Technical Analysis
Sit Quality 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 Quality Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Sit Quality Income 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 Quality December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Sit Quality 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 Quality shares will generate the highest return on investment. By undertsting and applying Sit Quality mutual fund market strength indicators, traders can identify Sit Quality Income entry and exit signals to maximize returns
Sit Quality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sit Quality'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 | (0.08) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.8083 |
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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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