Stet Tax-advantaged Competition

Mutual Funds . USA . 
Fund . Stet Tax Advantaged Income
STAYX Fund  USD 9.43  0.02  0.21%   
Stet Tax Advantaged competes with Pimco Income, HUMANA, Barloworld, Morningstar Unconstrained, and Thrivent High; as well as few others. The fund is listed under Multisector Bond category and is part of SEI family. Analyzing Stet Tax-advantaged competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Stet Tax-advantaged to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Stet Tax-advantaged Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Stet Tax-advantaged competition on your existing holdings.
  
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stet Tax-advantaged's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.199.439.67
Details
Intrinsic
Valuation
LowRealHigh
8.999.239.47
Details
Naive
Forecast
LowNextHigh
9.199.429.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.359.389.42
Details

Stet Tax-advantaged Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Stet Tax-advantaged and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of STET and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Stet Tax Advantaged does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
AAEVX
+ 0.75
MSTSX
AAEVX
+ 0.68
LBHIX
LBHIX
+ 0.67
MSTSX
ABHYX
+ 0.65
PONAX
ABHYX
+ 0.51
LBHIX
SCAXF
+ 0.41
444859BR2
  
High negative correlations   
VIASP
- 0.8
SCAXF
AAEVX
- 0.69
444859BR2
LBHIX
- 0.54
444859BR2
MSTSX
- 0.53
444859BR2
VIASP
- 0.46
PONAX
MSTSX
- 0.45
BRRAY

Risk-Adjusted Indicators

There is a big difference between STET Mutual Fund performing well and Stet Tax-advantaged Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Stet Tax-advantaged's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
PONAX  0.15 (0.01)(0.57)(0.16) 0.16 
(0.18)
 0.28 
(0.28)
 1.04 
444859BR2  1.35 (0.09) 0.00 (0.14) 0.00 
 0.00 
 5.93 
(5.79)
 16.62 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
BRRAY  1.27 (0.13) 0.00  0.01  0.00 
 0.00 
 0.00 
(2.98)
 34.02 
MSTSX  0.49 (0.04)(0.13) 0.06  0.52 
(0.61)
 1.21 
(1.02)
 2.80 
LBHIX  0.11  0.01 (0.42) 0.38  0.00 
(0.29)
 0.24 
(0.24)
 0.96 
ABHYX  0.17  0.00 (0.24) 0.19  0.25 
(0.24)
 0.34 
(0.33)
 1.91 
SCAXF  0.70 (0.41) 0.00 (0.98) 0.00 
 0.00 
 0.00 
 0.00 
 23.47 
VIASP  0.74  0.07 (0.04)(2.04) 1.13 
(0.80)
 2.28 
(1.20)
 7.18 
AAEVX  0.48  0.05 (0.10)(2.13) 0.54 
(0.57)
 0.93 
(0.77)
 2.76 
All Fundamental Data

Stet Tax-advantaged Competitive Analysis

The better you understand Stet Tax-advantaged competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Stet Tax-advantaged's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Stet Tax-advantaged's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
STAYX PONAX 444859BR2 AQUI BRRAY MSTSX LBHIX ABHYX SCAXF VIASP
 0.21 
 9.43 
STET
 0.19 
 10.64 
Pimco
 1.70 
 80.35 
HUMANA
 0.00 
 0.01 
Aquagold
 0.00 
 4.23 
Barloworld
 0.08 
 11.87 
Morningstar
 0.24 
 4.26 
Thrivent
 0.33 
 8.99 
High-yield
 0.00 
 0.01 
Sparta
 0.77 
 22.22 
Via
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Relatively risky
Very steady
Very steady
Very steady
Out of control
Very steady
Market Performance
(90 Days Performance)
Insignificant
Insignificant
Very Weak
Very Weak
Very Weak
Modest
Good
Modest
Very Weak
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Below Average
Average
Low
Low
Low
Low
Low
Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Over Valued
Under Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Sell
Sell
Strong Sell
Strong Sell
Hold
Strong Hold
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
1.49
N/A
N/A
N/A
0.62
3.49
Net Asset
1.26 B
123.71 B
N/A
3.19 K
54.41 B
116.1 M
674.44 M
672.37 M
3.06 M
355.28 M
Profit Margin
N/A
N/A
N/A
N/A
0.0519
N/A
N/A
N/A
-0.1
0.0094
EBITDA
N/A
N/A
N/A
(727.69 K)
2.77 B
N/A
N/A
N/A
(21.53 K)
33.09 M
Current Valuation
N/A
N/A
N/A
912.76 K
1.11 B
N/A
N/A
N/A
5.73 M
535.95 M
Operating Margin
N/A
N/A
N/A
N/A
0.1
N/A
N/A
N/A
-0.15
-0.14
Price To Book
N/A
N/A
N/A
N/A
0.99
N/A
1.58
N/A
34.42
N/A
Five Year Return
2.57
2.74
N/A
N/A
3.98
8.6
3.46
1.69
N/A
8.97
Retained Earnings
N/A
N/A
N/A
(4.18 M)
13.37 B
N/A
N/A
N/A
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
25.84 B
N/A
N/A
N/A
N/A
N/A
One Year Return
11.47
8.99
N/A
N/A
N/A
19.87
11.94
11.13
N/A
N/A
Beta
N/A
N/A
N/A
7.05
0.63
N/A
N/A
N/A
1.75
1.16
Cash Position Weight
4.61
-31.14
N/A
N/A
N/A
14.28
6.56
0.1
N/A
N/A
Equity Positions Weight
0.36
1.53
N/A
N/A
N/A
61.63
0.07
N/A
N/A
N/A
Number Of Employees
1
1
N/A
7
36
1
1
1
8
169
Shares Outstanding
N/A
N/A
N/A
965.83 K
185.7 M
N/A
N/A
N/A
233.95 M
N/A
Three Year Return
0.45
1.78
N/A
N/A
N/A
7.0
3.06
-0.63
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
(218.19 K)
1.89 B
N/A
N/A
N/A
210.37 K
12.7 M
Annual Yield
0.0492
0.0585
N/A
N/A
0.0543
0.021
0.0617
0.0041
N/A
0.0972
Total Debt
N/A
N/A
N/A
N/A
8.64 B
N/A
N/A
N/A
125 K
135 M
Return On Equity
N/A
N/A
N/A
N/A
0.0588
N/A
N/A
N/A
N/A
0.017
Bond Positions Weight
8.51
17.58
N/A
N/A
N/A
22.72
92.23
2.0
N/A
N/A
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
37.6
1.0
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
269.0
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
-5.5
0.047
N/A
N/A
N/A
-0.21
-0.11
Book Value Per Share
N/A
N/A
N/A
-1.18
99.76
N/A
N/A
N/A
-0.002
3.66
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
Current Liabilities
N/A
N/A
N/A
794 K
13.9 B
N/A
N/A
N/A
N/A
N/A
Total Asset
1.11 B
12.8 B
N/A
3.19 K
54.41 B
215.11 M
347.66 M
243.16 M
3.06 M
355.28 M
Last Dividend Paid
0.03
0.04
N/A
N/A
4.6
N/A
0.02
0.03
N/A
0.73
Debt To Equity
N/A
N/A
N/A
N/A
0.68
N/A
N/A
N/A
101.0
0.69
Target Price
N/A
N/A
N/A
N/A
7.68
N/A
N/A
N/A
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.7
Market Capitalization
N/A
N/A
N/A
96.58 K
955.54 M
50.36 M
N/A
N/A
7.72 M
N/A
Price To Earning
N/A
N/A
N/A
-0.22
9.18
N/A
35.48
N/A
19.55
26.83
Price To Sales
N/A
N/A
N/A
N/A
0.0285
N/A
1.23
N/A
0.63
N/A
Net Income
N/A
N/A
N/A
(627.79 K)
2.04 B
N/A
N/A
N/A
(609.44 K)
5.2 M
Earnings Per Share
N/A
N/A
N/A
-0.63
0.35
N/A
N/A
N/A
-0.003
1.17
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.51
N/A
Year To Date Return
6.98
4.87
N/A
N/A
N/A
13.69
7.32
6.09
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
39.38 B
N/A
N/A
N/A
5.19 M
393.49 M
Ten Year Return
5.46
7.14
N/A
N/A
N/A
N/A
6.0
4.84
N/A
N/A
Working Capital
N/A
N/A
N/A
(794 K)
11.95 B
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
1.15 K
5.11 B
N/A
N/A
N/A
909.32 K
51.31 M
Cash Per Share
N/A
N/A
N/A
N/A
25.52
N/A
N/A
N/A
N/A
3.23
Gross Profit
N/A
N/A
N/A
(143.88 K)
5.12 B
N/A
N/A
N/A
3.68 M
74.67 M
Day Typical Price
9.43
10.64
80.35
0.006
4.23
11.87
4.26
8.99
0.015
22.21
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
174.08
Daily Balance Of Power
9.2 T
9.2 T
(9,223,372,036,855)
0.0
0.0
(9,223,372,036,855)
9.2 T
9.2 T
0.0
0.4474
Period Momentum Indicator
0.02
0.02
(1.39)
N/A
N/A
(0.01)
0.01
0.03
N/A
0.17
Rate Of Daily Change
1.0
1.0
0.98
1.0
1.0
1.0
1.0
1.0
1.0
1.01
Day Median Price
9.43
10.64
80.35
0.006
4.23
11.87
4.26
8.99
0.015
22.2
Price Action Indicator
0.01
0.01
(0.70)
N/A
N/A
(0.01)
0.005
0.015
N/A
0.1
Relative Strength Index
51.68
43.28
40.36
N/A
50.49
45.52
61.27
51.23
N/A
64.56
Coefficient Of Variation
1426.42
3339.87
(6,785)
N/A
25169.77
1342.2
679.17
1516.45
(812.40)
1440.84
Mean Deviation
0.1468
0.1489
1.35
N/A
1.27
0.4908
0.1113
0.1719
0.7004
0.7442
Jensen Alpha
0.0145
(0.01)
(0.09)
N/A
(0.13)
(0.04)
0.0105
0.0032
(0.41)
0.0748
Total Risk Alpha
(0.03)
(0.04)
(0.46)
N/A
(0.65)
(0.06)
(0.01)
(0.04)
(0.82)
(0.11)
Sortino Ratio
(0.32)
(0.57)
N/A
N/A
N/A
(0.13)
(0.42)
(0.24)
N/A
(0.04)
Downside Variance
0.1256
0.0473
N/A
N/A
N/A
0.4354
0.0617
0.2181
N/A
1.66
Standard Deviation
0.2348
0.1974
2.61
N/A
4.2
0.6349
0.1719
0.2892
2.89
1.16
Kurtosis
5.56
1.15
5.52
N/A
11.15
(0.03)
3.42
8.37
66.0
5.33
Potential Upside
0.3233
0.2838
5.93
N/A
N/A
1.21
0.2375
0.3382
N/A
2.28
Treynor Ratio
(0.1)
(0.16)
(0.14)
N/A
0.0057
0.06
0.3847
0.1851
(0.98)
(2.04)
Maximum Drawdown
1.39
1.04
16.62
N/A
34.02
2.8
0.9552
1.91
23.47
7.18
Variance
0.0551
0.039
6.84
N/A
17.65
0.4031
0.0296
0.0836
8.35
1.35
Market Risk Adjusted Performance
(0.09)
(0.15)
(0.13)
N/A
0.0157
0.07
0.3947
0.1951
(0.97)
(2.03)
Risk Adjusted Performance
0.031
(0.01)
(0)
N/A
0.0112
0.0549
0.0781
0.034
(0.09)
0.0565
Skewness
(1.23)
0.1807
0.909
N/A
0.4951
0.0725
1.11
(1.70)
(8.12)
(0.87)
Semi Deviation
0.1793
0.1635
N/A
N/A
N/A
0.5156
0.0
0.2536
N/A
1.13
Information Ratio
(0.49)
(0.63)
(0.06)
N/A
(0.03)
(0.13)
(0.61)
(0.39)
(0.17)
(0.04)
Value At Risk
(0.32)
(0.28)
(5.79)
N/A
(2.98)
(1.02)
(0.24)
(0.33)
N/A
(1.20)
Expected Short fall
(0.22)
(0.18)
N/A
N/A
N/A
(0.61)
(0.29)
(0.24)
N/A
(0.80)
Downside Deviation
0.3544
0.2174
N/A
N/A
N/A
0.6599
0.2483
0.467
N/A
1.29
Semi Variance
0.0322
0.0267
N/A
N/A
N/A
0.2658
(0.01)
0.0643
N/A
1.27

Stet Tax-advantaged Competition Performance Charts

Five steps to successful analysis of Stet Tax-advantaged Competition

Stet Tax-advantaged's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Stet Tax Advantaged in relation to its competition. Stet Tax-advantaged's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Stet Tax-advantaged in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Stet Tax-advantaged's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Stet Tax Advantaged, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Stet Tax-advantaged position

In addition to having Stet Tax-advantaged 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.

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Software
Software Theme
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 42 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 Software Theme or any other thematic opportunities.
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Other Information on Investing in STET Mutual Fund

Stet Tax-advantaged financial ratios help investors to determine whether STET Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in STET with respect to the benefits of owning Stet Tax-advantaged security.
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