Simt High Yield Fund Price on November 19, 2024
| SIYYX Fund | USD 5.42 0.01 0.18% |
Below is the normalized historical share price chart for Simt High Yield 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 Simt High stands at 5.42, as last reported on the 30th of November, with the highest price reaching 5.42 and the lowest price hitting 5.42 during the day.
If you're considering investing in Simt Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Simt Mutual Fund to be very steady. Simt High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Simt High Yield, which you can use to evaluate the volatility of the fund. Please validate Simt High's Downside Deviation of 0.2121, risk adjusted performance of 0.1311, and Standard Deviation of 0.2067 to confirm if the risk estimate we provide is consistent with the expected return of 0.0357%.
Simt Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Simt |
Sharpe Ratio = 0.1894
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Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Simt High is performing at about 14% 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 Simt High by adding it to a well-diversified portfolio.
Simt High Valuation on November 19, 2024
It is possible to determine the worth of Simt High on a given historical date. On November 19, 2024 Simt was worth 5.4 at the beginning of the trading date compared to the closed value of 5.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simt High mutual fund. Still, in general, we apply an absolute valuation method to find Simt High'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 Simt High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simt High's related companies.
| Open | High | Low | Close | Volume | |
| 5.40 | 5.40 | 5.40 | 5.40 | 1.00 | |
11/19/2024 | 5.40 | 5.40 | 5.40 | 5.40 | 1.00 |
| 5.40 | 5.40 | 5.40 | 5.40 | 1.00 |
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Simt High Trading Date Momentum on November 19, 2024
| On November 20 2024 Simt High Yield was traded for 5.40 at the closing time. The highest daily price throughout the period was 5.40 and the lowest price was 5.40 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.37% . |
Simt High Yield Fundamentals Correlations and Trends
By evaluating Simt High'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 Simt High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Simt financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Simt High Mutual Fund history
Simt High 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 Simt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Simt High Yield 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 Simt High stock prices may prove useful in developing a viable investing in Simt High
The fund will invest at least 80 percent of its net assets in high yield fixed income securities. It will invest primarily in fixed income securities rated below investment grade , including corporate bonds and debentures, convertible and preferred securities, zero coupon obligations and tranches of collateralized debt obligations and collateralized loan obligations .
Simt High Mutual Fund Technical Analysis
Simt High 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
Simt High Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Simt High November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Simt High 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 Simt High shares will generate the highest return on investment. By undertsting and applying Simt High mutual fund market strength indicators, traders can identify Simt High Yield entry and exit signals to maximize returns
Simt High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Simt High's price direction in advance. Along with the technical and fundamental analysis of Simt Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Simt 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 | 0.1311 | |||
| Jensen Alpha | 0.0369 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | (1.00) |
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Other Information on Investing in Simt Mutual Fund
Simt High financial ratios help investors to determine whether Simt 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 Simt with respect to the benefits of owning Simt High security.
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