Sit Tax-free Financials
| SNTYX Fund | USD 8.87 0.02 0.23% |
Sit |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Sit Tax-free Fund Summary
Sit Tax-free competes with Kinetics Small, Vanguard Growth, T Rowe, Growth Opportunities, and Small Pany. 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.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Sit Mutual Funds |
| Mutual Fund Family | Sit |
| Mutual Fund Category | Muni National Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 800 332 5580 |
| Currency | USD - US Dollar |
Sit Financial Ratios 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 net asset among similar funds. It also is rated top fund in minimum initial investment among similar funds . The ratio of Net Asset to Minimum Initial Investment for Sit Tax Free Income is about 396.41 . 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.Sit Tax Free Systematic Risk
Sit Tax-free's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sit Tax-free volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Sit Tax Free correlated with the market. If Beta is less than 0 Sit Tax-free generally moves in the opposite direction as compared to the market. If Sit Tax-free Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sit Tax Free is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sit Tax-free is generally in the same direction as the market. If Beta > 1 Sit Tax-free moves generally in the same direction as, but more than the movement of the benchmark.
Sit Tax-free November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sit Tax-free help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sit Tax Free Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sit Tax Free Income based on widely used predictive technical indicators. In general, we focus on analyzing Sit Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sit Tax-free's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5059 | |||
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 1.72 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.4598 |
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.
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