Sit Small Cap Fund Manager Performance Evaluation
| SSMGX Fund | USD 64.20 0.39 0.61% |
The entity has a beta of -0.0722, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sit Small are expected to decrease at a much lower rate. During the bear market, Sit Small is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Sit Small Cap are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Sit Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of November 2022 | |
| Expense Ratio | 1.5000 |
Sit |
Sit Small Relative Risk vs. Return Landscape
If you would invest 6,089 in Sit Small Cap on January 28, 2024 and sell it today you would earn a total of 331.00 from holding Sit Small Cap or generate 5.44% return on investment over 90 days. Sit Small Cap is currently producing 0.0894% returns and takes up 1.0352% volatility of returns over 90 trading days. Put another way, 9% 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 |
Sit Small Current Valuation
Overvalued
Today
Please note that Sit Small's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Sit Small Cap has a current Real Value of $57.96 per share. The regular price of the fund is $64.2. We determine the value of Sit Small Cap 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.
Our valuation method for Sit Small Cap is useful when determining the fair value of the Sit mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Sit Small. Since Sit Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sit Mutual Fund. However, Sit Small'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 64.2 | Real 57.96 | Hype 64.2 |
The real value of Sit Mutual Fund, also known as its intrinsic value, is the underlying worth of Sit Small Cap Mutual Fund, which is reflected in its stock price. It is based on Sit Small's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Sit Small'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 Small'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.
Estimating the potential upside or downside of Sit Small Cap 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 Small more accurately as focusing exclusively on Sit Small's fundamentals will not take into account other important factors: Sit Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sit Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sit Small Cap, and traders can use it to determine the average amount a Sit Small'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 = 0.0863
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| Cash | SSMGX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sit Small is performing at about 6% 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 Fundamentals Growth
Sit Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sit Small, and Sit Small 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.
| Price To Earning | 22.27 X | |||
| Price To Book | 2.94 X | |||
| Price To Sales | 1.43 X | |||
About Sit Small Performance
To evaluate Sit Small Cap Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Sit Small generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Sit Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Sit Small Cap market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Sit's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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 .Things to note about Sit Small Cap performance evaluation
Checking the ongoing alerts about Sit Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sit Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -2.0% | |
| Sit Small Cap maintains 98.66% of its assets in stocks |
- Analyzing Sit Small'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 Small's stock is overvalued or undervalued compared to its peers.
- Examining Sit Small'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 Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sit Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Sit Small's mutual fund. These opinions can provide insight into Sit Small's potential for growth and whether the stock is currently undervalued or overvalued.
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.