Siit Small Cap Fund Manager Performance Evaluation
| SECAX Fund | USD 13.04 0.02 0.15% |
The entity has a beta of 1.42, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Siit Small will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Siit Small Cap are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Siit Small may actually be approaching a critical reversion point that can send shares even higher in December 2024.
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| Expense Ratio | 0.4300 |
Siit |
Siit Small Relative Risk vs. Return Landscape
If you would invest 1,198 in Siit Small Cap on August 30, 2024 and sell it today you would earn a total of 106.00 from holding Siit Small Cap or generate 8.85% return on investment over 90 days. Siit Small Cap is currently producing 0.1419% returns and takes up 1.2179% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Siit, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Siit Small Current Valuation
Fairly Valued
Today
Please note that Siit Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Siit Small Cap has a current Real Value of $12.84 per share. The regular price of the fund is $13.04. We determine the value of Siit Small Cap from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Siit Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Siit Mutual Fund. However, Siit Small's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.04 | Real 12.84 | Hype 13.05 | Naive 12.98 |
The intrinsic value of Siit Small's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Siit Small's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Siit Small Cap helps investors to forecast how Siit mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Siit Small more accurately as focusing exclusively on Siit Small's fundamentals will not take into account other important factors: Siit Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siit Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Siit Small Cap, and traders can use it to determine the average amount a Siit Small's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1165
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | SECAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Siit Small is performing at about 9% 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 Small by adding it to a well-diversified portfolio.
Siit Small Fundamentals Growth
Siit Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Siit Small, and Siit Small fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Siit Mutual Fund performance.
| Price To Earning | 20.05 X | |||
| Price To Book | 1.69 X | |||
| Price To Sales | 0.89 X | |||
| Total Asset | 443.08 M | |||
About Siit Small Performance
Evaluating Siit Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Siit Small has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Siit Small has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will invest at least 80 percent of its net assets in equity securities of small companies, ETFs based on small capitalization indexes and securities of REITs. For purposes of this fund, a small company is a company with a market capitalization in the range of companies in the Russell 2000 Index at the time of purchase. It uses a multi-manager approach, relying upon one or more Sub-Advisers with differing investment philosophies to manage portions of the funds portfolio under the general supervision of SIMC.Things to note about Siit Small Cap performance evaluation
Checking the ongoing alerts about Siit Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Siit Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 9.11% of its assets in cash |
- Analyzing Siit Small's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Siit Small's stock is overvalued or undervalued compared to its peers.
- Examining Siit Small's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Siit Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Siit Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Siit Small's mutual fund. These opinions can provide insight into Siit Small's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Siit Mutual Fund
Siit Small 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 Small security.
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