Siit Sp 500 Fund Price on September 11, 2024
| SPINX Fund | USD 25.16 0.09 0.36% |
Below is the normalized historical share price chart for Siit Sp 500 extending back to January 09, 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 Siit Sp stands at 25.16, as last reported on the 23rd of November, with the highest price reaching 25.16 and the lowest price hitting 25.16 during the day.
If you're considering investing in Siit Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Siit Mutual Fund to be very steady. Siit Sp 500 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Siit Sp 500, which you can use to evaluate the volatility of the fund. Please validate Siit Sp's Semi Deviation of 0.6874, coefficient of variation of 842.0, and Risk Adjusted Performance of 0.0909 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Siit Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Siit |
Sharpe Ratio = 0.1318
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Siit Sp is performing at about 10% 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 Siit Sp by adding it to a well-diversified portfolio.
Siit Sp Valuation on September 11, 2024
It is possible to determine the worth of Siit Sp on a given historical date. On September 11, 2024 Siit was worth 23.36 at the beginning of the trading date compared to the closed value of 23.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Siit Sp mutual fund. Still, in general, we apply an absolute valuation method to find Siit Sp'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 Siit Sp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Siit Sp's related companies.
| Open | High | Low | Close | Volume | |
| 23.11 | 23.11 | 23.11 | 23.11 | 1.00 | |
09/11/2024 | 23.36 | 23.36 | 23.36 | 23.36 | 1.00 |
| 23.53 | 23.53 | 23.53 | 23.53 | 1.00 |
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Siit Sp Trading Date Momentum on September 11, 2024
| On September 12 2024 Siit Sp 500 was traded for 23.53 at the closing time. The highest daily price throughout the period was 23.53 and the lowest price was 23.53 . There was no trading activity during the period 1.0. Lack of trading volume on 09/12/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.73% . The trading price change to current closing price is 2.95% . |
Siit Sp 500 Fundamentals Correlations and Trends
By evaluating Siit Sp'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 Siit Sp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Siit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Siit Sp Mutual Fund history
Siit Sp 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 Siit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Siit Sp 500 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 Siit Sp stock prices may prove useful in developing a viable investing in Siit Sp
The fund invests substantially all of its assets in securities listed in the SP 500 Index, which is composed of approximately 500 leading U.S. publicly traded companies from a broad range of industries . The funds investment results are expected to correspond to the aggregate price and dividend performance of the SP 500 Index before the fees and expenses of the fund.
Siit Sp Mutual Fund Technical Analysis
Siit Sp 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
Siit Sp Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Siit Sp 500 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.
Siit Sp November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Siit Sp 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 Siit Sp shares will generate the highest return on investment. By undertsting and applying Siit Sp mutual fund market strength indicators, traders can identify Siit Sp 500 entry and exit signals to maximize returns
Siit Sp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Siit Sp's price direction in advance. Along with the technical and fundamental analysis of Siit Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Siit 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 | 0.0909 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0958 |
| Cycle Indicators | ||
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| Volume Indicators |
Other Information on Investing in Siit Mutual Fund
Siit Sp financial ratios help investors to determine whether Siit 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 Siit with respect to the benefits of owning Siit Sp security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |