Siit Extended Three Year Return vs. Five Year Return
| SMXAX Fund | USD 20.78 0.10 0.48% |
For Siit Extended profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Siit Extended to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Siit Extended Market utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Siit Extended's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Siit Extended Market over time as well as its relative position and ranking within its peers.
Siit |
Siit Extended Market Five Year Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Siit Extended's current stock value. Our valuation model uses many indicators to compare Siit Extended value to that of its competitors to determine the firm's financial worth. Siit Extended Market is rated top fund in three year return among similar funds. It also is rated top fund in five year return among similar funds reporting about 1.91 of Five Year Return per Three Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Siit Extended's earnings, one of the primary drivers of an investment's value.Siit Five Year Return vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Siit Extended |
| = | 6.57 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Siit Extended |
| = | 12.57 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Siit Five Year Return Comparison
Siit Extended is currently under evaluation in five year return among similar funds.
Siit Extended Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Siit Extended, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Siit Extended will eventually generate negative long term returns. The profitability progress is the general direction of Siit Extended's change in net profit over the period of time. It can combine multiple indicators of Siit Extended, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund is managed using a passiveindexing investment approach and invests substantially all of its assets in securities of companies that are included in the Russell Small Cap Completeness Index. The index is composed of securities of the companies included in the Russell 3000 Index , excluding the securities of companies that are constituents of the SP 500 Index .
Siit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Siit Extended. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Siit Extended position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Siit Extended's important profitability drivers and their relationship over time.
Use Siit Extended in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Siit Extended position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Siit Extended will appreciate offsetting losses from the drop in the long position's value.Siit Extended Pair Trading
Siit Extended Market Pair Trading Analysis
The ability to find closely correlated positions to Siit Extended could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Siit Extended when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Siit Extended - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Siit Extended Market to buy it.
The correlation of Siit Extended is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Siit Extended moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Siit Extended Market moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Siit Extended can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Siit Extended position
In addition to having Siit Extended in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Apparel Thematic Idea Now
Apparel
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Apparel Theme or any other thematic opportunities.
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Other Information on Investing in Siit Mutual Fund
To fully project Siit Extended's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Siit Extended Market at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Siit Extended's income statement, its balance sheet, and the statement of cash flows.
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