Sit Small Financials
| SSMGX Fund | USD 62.88 0.44 0.70% |
Sit |
Please note that past performance is not an indicator of the future performance of Sit Small, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Sit Small Fund Summary
Sit Small competes with Sit Small, Sit Global, Sit Global, Sit Small, and Sit Developing. 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 .Specialization | Mid-Cap Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US82980D3017 |
| Business Address | Sit Mutual Funds |
| Mutual Fund Family | Sit |
| Mutual Fund Category | Mid-Cap Growth |
| Benchmark | NYSE Composite |
| Phone | 800 332 5580 |
| Currency | USD - US Dollar |
Sit Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sit Small's current stock value. Our valuation model uses many indicators to compare Sit Small value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sit Small competition to find correlations between indicators driving Sit Small's intrinsic value. More Info.Sit Small Cap is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Sit Small Cap is roughly 7.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sit Small by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sit Small's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Sit Small's earnings, one of the primary drivers of an investment's value.Sit Small Cap Systematic Risk
Sit Small's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sit Small volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Sit Small Cap correlated with the market. If Beta is less than 0 Sit Small generally moves in the opposite direction as compared to the market. If Sit Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sit Small Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sit Small is generally in the same direction as the market. If Beta > 1 Sit Small moves generally in the same direction as, but more than the movement of the benchmark.
Sit Small April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sit Small help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sit Small Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sit Small Cap based on widely used predictive technical indicators. In general, we focus on analyzing Sit Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sit Small's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0195 | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 1.56 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sit Small Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Sit Small Cap information on this page should be used as a complementary analysis to other Sit Small's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.