Arista Networks Inc Stock Price Up 5.01 percent on Nov 21
| NBNGX Fund | USD 25.51 0.15 0.58% |
Slightly above 62% of Sit Mid's investor base is looking to short. The analysis of overall sentiment of trading Sit Mid Cap mutual fund suggests that many investors are alarmed at this time. Sit Mid's investing sentiment can be driven by a variety of factors including economic data, Sit Mid's earnings reports, geopolitical events, and overall market trends.
SIT |
Shares of Arista Networks Inc surged 5.01 percent in mid-day trading on Nov 21. The stock reached an intraday high of 402.16, before settling at 400.82, u
Read at gurufocus.com
 |
Sit Mid Fundamental Analysis
We analyze Sit Mid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sit Mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sit Mid based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Sit Mid is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Sit Mid Cap Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sit Mid mutual fund to make a market-neutral strategy. Peer analysis of Sit Mid could also be used in its relative valuation, which is a method of valuing Sit Mid by comparing valuation metrics with similar companies.
Peers
Sit Mid Related Equities
| LYFAX | Alphacentric Lifesci | 0.59 | ||||
| HIAHX | Hartford Healthcare | 0.52 | ||||
| FHCCX | Fidelity Advisor | 0.47 | ||||
| LOGSX | Live Oak | 0.27 | ||||
| BHCHX | Baron Health | 0.19 | ||||
| HHCZX | Highland Long/short | 0.06 |
Other Information on Investing in SIT Mutual Fund
Sit Mid 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 Mid security.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |