Sit Minnesota Tax Free Fund Buy Hold or Sell Recommendation
| SMTFX Fund | USD 9.67 0.02 0.21% |
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding Sit Minnesota Tax Free is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sit Minnesota Tax Free given historical horizon and risk tolerance towards Sit Minnesota. When Macroaxis issues a 'buy' or 'sell' recommendation for Sit Minnesota Tax Free, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Sit Minnesota Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as SIT and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Sit Minnesota Tax Free. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census.
SIT |
Execute Sit Minnesota Buy or Sell Advice
The SIT recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sit Minnesota Tax Free. Macroaxis does not own or have any residual interests in Sit Minnesota Tax Free or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sit Minnesota's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Sit Minnesota Trading Alerts and Improvement Suggestions
| The fund generated three year return of -1.0% | |
| Sit Minnesota Tax maintains about 95.53% of its assets in bonds |
Sit Minnesota Returns Distribution Density
The distribution of Sit Minnesota's historical returns is an attempt to chart the uncertainty of Sit Minnesota's future price movements. The chart of the probability distribution of Sit Minnesota daily returns describes the distribution of returns around its average expected value. We use Sit Minnesota Tax Free price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sit Minnesota returns is essential to provide solid investment advice for Sit Minnesota.
| Mean Return | 0.04 | Value At Risk | -0.41 | Potential Upside | 0.32 | Standard Deviation | 0.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sit Minnesota historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sit Minnesota Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sit Minnesota or Sit sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sit Minnesota's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a SIT fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.37 |
Sit Minnesota Volatility Alert
Sit Minnesota Tax Free exhibits very low volatility with skewness of -1.47 and kurtosis of 7.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sit Minnesota's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sit Minnesota's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sit Minnesota Fundamentals Vs Peers
Comparing Sit Minnesota's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sit Minnesota's direct or indirect competition across all of the common fundamentals between Sit Minnesota and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sit Minnesota or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Sit Minnesota's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sit Minnesota by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sit Minnesota to competition |
| Fundamentals | Sit Minnesota | Peer Average |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 5.00 % | 0.39 % |
| One Year Return | 8.89 % | 4.15 % |
| Three Year Return | (0.55) % | 3.60 % |
| Five Year Return | 0.85 % | 3.24 % |
| Ten Year Return | 3.93 % | 1.79 % |
| Net Asset | 457.46 M | 4.11 B |
| Minimum Initial Investment | 5 K | 976.16 K |
| Last Dividend Paid | 0.02 | 0.65 |
| Cash Position Weight | 4.46 % | 10.61 % |
| Bond Positions Weight | 95.53 % | 11.24 % |
Sit Minnesota Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as SIT . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.67 | |||
| Day Typical Price | 9.67 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 54.49 |
About Sit Minnesota Buy or Sell Advice
When is the right time to buy or sell Sit Minnesota Tax Free? Buying financial instruments such as SIT Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Sit Minnesota 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.Did You Try This Idea?
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Other Information on Investing in SIT Mutual Fund
Sit Minnesota 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 Minnesota security.
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