Sit Emerging Markets Fund Price on November 6, 2024
SIEDX Fund | USD 8.69 0.03 0.35% |
Below is the normalized historical share price chart for Sit Emerging Markets extending back to December 31, 2014. 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 Emerging stands at 8.69, as last reported on the 1st of December, with the highest price reaching 8.69 and the lowest price hitting 8.69 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 Emerging Markets owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0293, which indicates the fund had a 0.0293% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Sit Emerging Markets, which you can use to evaluate the volatility of the fund. Please validate Sit Emerging's Coefficient Of Variation of (26,786), variance of 0.1066, and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0095%.
Sit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sit |
Sharpe Ratio = 0.0293
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Estimated Market Risk
0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Sit Emerging is performing at about 2% 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 Emerging by adding it to a well-diversified portfolio.
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Sit Emerging Valuation on November 6, 2024
It is possible to determine the worth of Sit Emerging on a given historical date. On November 6, 2024 Sit was worth 8.61 at the beginning of the trading date compared to the closed value of 8.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sit Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Sit Emerging'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 Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sit Emerging's related companies.
Open | High | Low | Close | Volume | |
8.64 | 8.64 | 8.64 | 8.64 | 1.00 | |
11/06/2024 | 8.61 | 8.61 | 8.61 | 8.61 | 1.00 |
8.72 | 8.72 | 8.72 | 8.72 | 1.00 |
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Sit Emerging Trading Date Momentum on November 6, 2024
On November 07 2024 Sit Emerging Markets was traded for 8.72 at the closing time. The highest daily price throughout the period was 8.72 and the lowest price was 8.72 . There was no trading activity during the period 1.0. Lack of trading volume on 11/07/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 1.28% . The trading price change to current closing price is 0.00% . |
Sit Emerging Markets Fundamentals Correlations and Trends
By evaluating Sit Emerging'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 Emerging'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 Emerging Mutual Fund history
Sit Emerging 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 Emerging 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 Emerging stock prices may prove useful in developing a viable investing in Sit Emerging
Under normal circumstances, the fund will invest at least 80 percent of its net assets in fixed income securities of emerging market issuers. It will invest in debt securities of government, government-related, supranational entities, and corporate issuers in emerging market countries, as well as debt securities of entities organized to restructure the outstanding debt of any such issuers. The fund is non-diversified.
Sit Emerging Mutual Fund Technical Analysis
Sit Emerging 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 Emerging Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Sit Emerging 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 Emerging December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Sit Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying Sit Emerging mutual fund market strength indicators, traders can identify Sit Emerging Markets entry and exit signals to maximize returns
Sit Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sit Emerging'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 | (0.02) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.30) |
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Volume Indicators |
Other Information on Investing in Sit Mutual Fund
Sit Emerging 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 Emerging security.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
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