Sit Small Cap Fund Price on July 3, 2023
| SSMGX Fund | USD 73.59 0.40 0.54% |
Below is the normalized historical share price chart for Sit Small Cap extending back to March 28, 1995. 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 Small stands at 73.59, as last reported on the 4th of December, with the highest price reaching 73.59 and the lowest price hitting 73.59 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 Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sit Small Cap, which you can use to evaluate the volatility of the fund. Please validate Sit Small's Risk Adjusted Performance of 0.0728, coefficient of variation of 1093.01, and Semi Deviation of 1.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Sit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sit |
Sharpe Ratio = 0.1726
| Best Portfolio | Best Equity | |||
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| Small Returns | SSMGX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Sit Small is performing at about 13% 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 Small by adding it to a well-diversified portfolio.
Sit Small Valuation on July 3, 2023
It is possible to determine the worth of Sit Small on a given historical date. On July 3, 2023 Sit was worth 60.27 at the beginning of the trading date compared to the closed value of 60.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sit Small mutual fund. Still, in general, we apply an absolute valuation method to find Sit Small'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 Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sit Small's related companies.
| Open | High | Low | Close | Volume | |
| 60.29 | 60.29 | 60.29 | 60.29 | 1.00 | |
07/03/2023 | 60.27 | 60.27 | 60.27 | 60.27 | 1.00 |
| 59.75 | 59.75 | 59.75 | 59.75 | 1.00 |
| Backtest Sit Small | | | Sit Small History | | | Sit Small Valuation | Previous | Next |
Sit Small Trading Date Momentum on July 3, 2023
| On July 05 2023 Sit Small Cap was traded for 59.75 at the closing time. The highest daily price throughout the period was 59.75 and the lowest price was 59.75 . There was no trading activity during the period 1.0. Lack of trading volume on 07/05/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.86% . The trading price change to current closing price is 3.50% . |
Sit Small Cap Fundamentals Correlations and Trends
By evaluating Sit Small'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 Small'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 Small Mutual Fund history
Sit Small 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 Small Cap 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 Small stock prices may prove useful in developing a viable investing in Sit Small
The fund seeks to achieve its objective by investing, under normal market conditions, at least 80 percent of its net assets in common stocks of companies with capitalizations at the time of purchase of up to 3.0 billion, or up to the market capitalization of the largest company included in the Russell 2000 Index measured at the end of the previous twelve months. The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index .
Sit Small Mutual Fund Technical Analysis
Sit Small 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 Small Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Sit Small Cap 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 Small December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Sit Small 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 Small shares will generate the highest return on investment. By undertsting and applying Sit Small mutual fund market strength indicators, traders can identify Sit Small Cap entry and exit signals to maximize returns
Sit Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sit Small'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 | 0.0728 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0755 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Sit Mutual Fund
Sit Small 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 Small security.
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