Sit Developing Markets Fund Price on May 14, 2024
| SDMGX Fund | USD 17.78 0.03 0.17% |
Below is the normalized historical share price chart for Sit Developing Markets extending back to April 24, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sit Developing stands at 17.78, as last reported on the 28th of November, with the highest price reaching 17.78 and the lowest price hitting 17.78 during the day.
If you're considering investing in Sit Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Sit Mutual Fund to be very steady. Sit Developing Markets owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0493, which indicates the fund had a 0.0493% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sit Developing Markets, which you can use to evaluate the volatility of the fund. Please validate Sit Developing's Semi Deviation of 1.06, coefficient of variation of 2085.68, and Risk Adjusted Performance of 0.0397 to confirm if the risk estimate we provide is consistent with the expected return of 0.0551%.
Sit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sit |
Sharpe Ratio = 0.0493
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| Cash | SDMGX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sit Developing is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sit Developing by adding it to a well-diversified portfolio.
Sit Developing Valuation on May 14, 2024
It is possible to determine the worth of Sit Developing on a given historical date. On May 14, 2024 Sit was worth 17.09 at the beginning of the trading date compared to the closed value of 17.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sit Developing mutual fund. Still, in general, we apply an absolute valuation method to find Sit Developing's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sit Developing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sit Developing's related companies.
| Open | High | Low | Close | Volume | |
| 17.01 | 17.01 | 17.01 | 17.01 | 1.00 | |
05/14/2024 | 17.09 | 17.09 | 17.09 | 17.09 | 1.00 |
| 17.36 | 17.36 | 17.36 | 17.36 | 1.00 |
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Sit Developing Trading Date Momentum on May 14, 2024
| On May 15 2024 Sit Developing Markets was traded for 17.36 at the closing time. The highest daily price throughout the period was 17.36 and the lowest price was 17.36 . There was no trading activity during the period 1.0. Lack of trading volume on 05/15/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.58% . The trading price change to current closing price is 0.53% . |
Sit Developing Markets Fundamentals Correlations and Trends
By evaluating Sit Developing's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sit Developing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sit Developing Mutual Fund history
Sit Developing investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sit Developing Markets will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sit Developing stock prices may prove useful in developing a viable investing in Sit Developing
The fund normally invests at least 80 percent of its net assets in common stocks of companies domiciled or operating in a developing market. It invests in small, medium and large sized companies. The fund may invest in securities representing underlying international securities such as sponsored American Depository Receipts, European Depository Receipts and Global Depository Receipts.
Sit Developing Mutual Fund Technical Analysis
Sit Developing technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Sit Developing Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Sit Developing Markets cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sit Developing November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Sit Developing mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sit Developing shares will generate the highest return on investment. By undertsting and applying Sit Developing mutual fund market strength indicators, traders can identify Sit Developing Markets entry and exit signals to maximize returns
Sit Developing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sit Developing's price direction in advance. Along with the technical and fundamental analysis of Sit Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0397 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0811 |
| Cycle Indicators | ||
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| Volume Indicators |
Other Information on Investing in Sit Mutual Fund
Sit Developing 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 Developing security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |