Siit Small Mid Fund Price on October 2, 2023
| SSMAX Fund | USD 10.37 0.01 0.1% |
Below is the normalized historical share price chart for Siit Small Mid extending back to August 31, 2007. 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 Siit Small stands at 10.37, as last reported on the 18th of May 2024, with the highest price reaching 10.37 and the lowest price hitting 10.37 during the day.
If you're considering investing in Siit Mutual Fund, it is important to understand the factors that can impact its price. We consider Siit Small very steady. Siit Small Mid owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Siit Small Mid, which you can use to evaluate the volatility of the fund. Please validate Siit Small's Risk Adjusted Performance of 0.0681, coefficient of variation of 899.66, and Semi Deviation of 0.7662 to confirm if the risk estimate we provide is consistent with the expected return of 0.093%.
Siit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Siit |
Sharpe Ratio = 0.115
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | SSMAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 8 92% of assets perform better |
Based on monthly moving average Siit Small is performing at about 8% 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 Siit Small by adding it to a well-diversified portfolio.
Siit Small Valuation on October 2, 2023
It is possible to determine the worth of Siit Small on a given historical date. On October 2, 2023 Siit was worth 8.71 at the beginning of the trading date compared to the closed value of 8.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Siit Small mutual fund. Still, in general, we apply an absolute valuation method to find Siit 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 Siit Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Siit Small's related companies.
| Open | High | Low | Close | Volume | |
| 8.82 | 8.82 | 8.73 | 8.73 | 1.00 | |
10/02/2023 | 8.71 | 8.71 | 8.62 | 8.62 | 1.00 |
| 8.57 | 8.57 | 8.48 | 8.48 | 1.00 |
| Backtest Siit Small | | | Siit Small History | | | Siit Small Valuation | Previous | Next |
Siit Small Trading Date Momentum on October 2, 2023
| On October 03 2023 Siit Small Mid was traded for 8.48 at the closing time. The highest daily price throughout the period was 8.57 and the lowest price was 8.48 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.62% . The trading price change to current closing price is 0.12% . |
Siit Small Mid Fundamentals Correlations and Trends
By evaluating Siit 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 Siit Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Siit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Siit Small Mutual Fund history
Siit 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 Siit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Siit Small Mid 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 Siit Small stock prices may prove useful in developing a viable investing in Siit Small
Under normal circumstances, the SmallMid Cap Equity Fund will invest at least 80 percent of its net assets in equity securities of small and medium-sized companies, ETFs based on small and medium-sized capitalization indexes and securities of REITs. It will invest primarily in common stocks of U.S. companies with market capitalizations in the range of companies in the Russell 2500 Index at the time of purchase.
Siit Small Mutual Fund Technical Analysis
Siit 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
Siit Small Period Price Range
Low | October 2, 2023
| High |
8.71 | 8.62 |
Siit Small May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Siit 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 Siit Small shares will generate the highest return on investment. By undertsting and applying Siit Small mutual fund market strength indicators, traders can identify Siit Small Mid entry and exit signals to maximize returns
Siit Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Siit Small's price direction in advance. Along with the technical and fundamental analysis of Siit Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Siit 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 | 0.0681 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0628 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siit Small Mid. 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 nation. Note that the Siit Small Mid information on this page should be used as a complementary analysis to other Siit 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.