Sit Emerging Markets Fund Manager Performance Evaluation

SITEX Fund  USD 8.81  0.01  0.11%   
The entity has a beta of 0.065, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sit Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sit Emerging is expected to be smaller as well.

Risk-Adjusted Performance

1 of 100

 
Weak
 
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Sit Emerging Markets are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Sit Emerging is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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1
Longpoint fund buys 30,000 sq. ft. Fairfield warehouse from Sitex - Real Estate NJ
09/30/2024
Expense Ratio Date31st of January 2023
Expense Ratio1.0600
  

Sit Emerging Relative Risk vs. Return Landscape

If you would invest  878.00  in Sit Emerging Markets on September 11, 2024 and sell it today you would earn a total of  3.00  from holding Sit Emerging Markets or generate 0.34% return on investment over 90 days. Sit Emerging Markets is currently producing 0.006% returns and takes up 0.3321% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Sit, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Sit Emerging is expected to generate 22.43 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.21 times less risky than the market. It trades about 0.02 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.18 of returns per unit of risk over similar time horizon.

Sit Emerging Current Valuation

Fairly Valued
Today
8.81
Please note that Sit Emerging's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Sit Emerging Markets has a current Real Value of $8.82 per share. The regular price of the fund is $8.81. We determine the value of Sit Emerging Markets from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Sit Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sit Mutual Fund. However, Sit Emerging's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  8.81 Real  8.82 Hype  8.81 Naive  8.85
The intrinsic value of Sit Emerging's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Sit Emerging's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
8.82
Real Value
9.15
Upside
Estimating the potential upside or downside of Sit Emerging Markets helps investors to forecast how Sit mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Sit Emerging more accurately as focusing exclusively on Sit Emerging's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.708.768.83
Details
Hype
Prediction
LowEstimatedHigh
8.488.819.14
Details
Naive
Forecast
LowNext ValueHigh
8.528.859.18
Details

Sit Emerging Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sit Emerging's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sit Emerging Markets, and traders can use it to determine the average amount a Sit Emerging's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0179

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Negative ReturnsSITEX

Estimated Market Risk

 0.33
  actual daily
2
98% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Sit Emerging is performing at about 1% 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 Emerging by adding it to a well-diversified portfolio.

Sit Emerging Fundamentals Growth

Sit Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sit Emerging, and Sit Emerging fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sit Mutual Fund performance.

About Sit Emerging Performance

Evaluating Sit Emerging's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sit Emerging has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sit Emerging has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in fixed income securities of emerging market issuers. It will invest in debt securities of government, government-related, supranational entities, and corporate issuers in emerging market countries, as well as debt securities of entities organized to restructure the outstanding debt of any such issuers. The fund is non-diversified.

Things to note about Sit Emerging Markets performance evaluation

Checking the ongoing alerts about Sit Emerging for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sit Emerging Markets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains about 8.38% of its assets in cash
Evaluating Sit Emerging's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Sit Emerging's mutual fund performance include:
  • Analyzing Sit Emerging's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sit Emerging's stock is overvalued or undervalued compared to its peers.
  • Examining Sit Emerging's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Sit Emerging's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sit Emerging's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Sit Emerging's mutual fund. These opinions can provide insight into Sit Emerging's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Sit Emerging's mutual fund performance is not an exact science, and many factors can impact Sit Emerging's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Sit Mutual Fund

Sit Emerging 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 Emerging security.
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