Sit Tax-free Financial Statements From 2010 to 2024
| SNTIX Fund | USD 8.83 0.01 0.11% |
Check Sit Tax-free financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sit Tax-free's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sit financial statements analysis is a perfect complement when working with Sit Tax-free Valuation or Volatility modules.
Sit |
Sit Tax Free Income Mutual Fund Price To Earning Analysis
Sit Tax-free's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Sit Tax-free Price To Earning | 6.97 X |
Most of Sit Tax-free's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sit Tax Free Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Sit Tax Free Income has a Price To Earning of 6.97 times. This is much higher than that of the Sit family and significantly higher than that of the Muni National Interm category. The price to earning for all United States funds is notably lower than that of the firm.
Sit Tax Free Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sit Tax-free's current stock value. Our valuation model uses many indicators to compare Sit Tax-free value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sit Tax-free competition to find correlations between indicators driving Sit Tax-free's intrinsic value. More Info.Sit Tax Free Income is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 1.03 of Price To Book per Price To Earning. 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 Tax-free's earnings, one of the primary drivers of an investment's value.About Sit Tax-free Financial Statements
Sit Tax-free investors use historical fundamental indicators, such as Sit Tax-free's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Sit Tax-free. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its objective by investing primarily in municipal securities that generate interest income that is exempt from regular federal income tax. It invests 100 percent of its net assets in such tax-exempt municipal securities. Municipal securities are debt obligations issued by or for U.S. states, territories, and possessions and the District of Columbia, and their political subdivisions, agencies, and instrumentalities.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Sit Mutual Fund
Sit Tax-free financial ratios help investors to determine whether Sit 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 Sit with respect to the benefits of owning Sit Tax-free security.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges |