Siit Global Managed Fund Quote
| SGMAX Fund | USD 11.19 0.03 0.27% |
Performance7 of 100
| Odds Of DistressLess than 20
|
Siit Global is trading at 11.19 as of the 18th of April 2024; that is 0.27 percent up since the beginning of the trading day. The fund's open price was 11.16. Siit Global has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Siit Global Managed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The fund will typically invest in securities of U.S. and foreign companies of all capitalization ranges. Under normal circumstances, the fund will invest in at least three countries outside of the U.S., but will typically invest much more broadly. It is expected that at least 40 percent of the funds assets will be invested in non-U.S. More on Siit Global Managed
Moving together with Siit Mutual Fund
| 0.97 | SAAAX | Simt Multi Asset | PairCorr |
| 0.98 | SRWAX | Saat Market Growth | PairCorr |
| 0.7 | SRYRX | Simt Real Return | PairCorr |
| 0.86 | SSCGX | Simt Small Cap | PairCorr |
| 0.96 | SSEAX | Siit Screened World | PairCorr |
| 0.97 | SSGAX | Saat Aggressive Strategy | PairCorr |
| 0.97 | SASDX | Saat Aggressive Strategy | PairCorr |
Siit Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Siit Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Siit Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | World Allocation Funds (View all Themes) |
| Fund Concentration | SEI Funds, World Large-Stock Value Funds, World Allocation Funds, World Large-Stock Value, SEI, World Large-Stock Value, World Large-Stock Value (View all Sectors) |
| Update Date | 31st of March 2024 |
Siit Global Managed [SGMAX] is traded in USA and was established 18th of April 2024. Siit Global is listed under SEI category by Fama And French industry classification. The fund is listed under World Large-Stock Value category and is part of SEI family. The entity is thematically classified as World Allocation Funds. This fund at this time has accumulated 2.41 B in assets with minimum initial investment of 100 K. Siit Global Managed is currently producing year-to-date (YTD) return of 4.26% with the current yeild of 0.02%, while the total return for the last 3 years was 6.45%.
Check Siit Global Probability Of Bankruptcy
Siit Global Target Price Odds Analysis
Based on a normal probability distribution, the odds of Siit Global jumping above the current price in 90 days from now is about 53.79%. The Siit Global Managed probability density function shows the probability of Siit Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Siit Global has a beta of 0.5166. This usually implies as returns on the market go up, Siit Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Siit Global Managed will be expected to be much smaller as well. Additionally, siit Global Managed has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Siit Global to move above the current price in 90 days from now is about 53.79 (This Siit Global Managed probability density function shows the probability of Siit Mutual Fund to fall within a particular range of prices over 90 days) .
Siit Global Managed Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Siit Global market risk premium is the additional return an investor will receive from holding Siit Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Siit Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Siit Global's alpha and beta are two of the key measurements used to evaluate Siit Global's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2938 | |||
| Semi Deviation | 0.3285 | |||
| Standard Deviation | 0.3747 | |||
| Variance | 0.1404 |
Siit Global Against Markets
Picking the right benchmark for Siit Global mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Siit Global mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Siit Global is critical whether you are bullish or bearish towards Siit Global Managed at a given time. Please also check how Siit Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Siit Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Siit Mutual Fund?
Before investing in Siit Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Siit Global. To buy Siit Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Siit Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Siit Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Siit Global Managed fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Siit Global Managed fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Siit Global Managed, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Siit Global Managed?
The danger of trading Siit Global Managed is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Siit Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Siit Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Siit Global Managed is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siit Global Managed. 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 Global Managed information on this page should be used as a complementary analysis to other Siit Global'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.