Siit Multi Asset Real Fund Market Value
| SEIAX Fund | USD 7.45 0.01 0.13% |
| Symbol | Siit |
Siit Multi 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Siit Multi's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Siit Multi.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Siit Multi on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Siit Multi Asset Real or generate 0.0% return on investment in Siit Multi over 30 days. Siit Multi is related to or competes with Vanguard Inflation, Vanguard Inflation, American Funds, and American Funds. Under normal circumstances, the fund will pursue its investment goal by selecting investments from a broad range of asse... More
Siit Multi Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Siit Multi's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Siit Multi Asset Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.315 | |||
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 1.2 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.4049 |
Siit Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siit Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siit Multi's standard deviation. In reality, there are many statistical measures that can use Siit Multi historical prices to predict the future Siit Multi's volatility.| Risk Adjusted Performance | 0.0059 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.37) | |||
| Treynor Ratio | 0.0626 |
Siit Multi Asset Backtested Returns
At this stage we consider Siit Mutual Fund to be very steady. Siit Multi Asset owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0172, which indicates the fund had a 0.0172% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Siit Multi Asset Real, which you can use to evaluate the volatility of the fund. Please validate Siit Multi's Risk Adjusted Performance of 0.0059, coefficient of variation of 3123.49, and Semi Deviation of 0.2266 to confirm if the risk estimate we provide is consistent with the expected return of 0.0045%. The entity has a beta of -0.0239, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Siit Multi are expected to decrease at a much lower rate. During the bear market, Siit Multi is likely to outperform the market.
Auto-correlation | -0.41 |
Modest reverse predictability
Siit Multi Asset Real has modest reverse predictability. Overlapping area represents the amount of predictability between Siit Multi time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Siit Multi Asset price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Siit Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Siit Multi Asset lagged returns against current returns
Autocorrelation, which is Siit Multi mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Siit Multi's mutual fund expected returns. We can calculate the autocorrelation of Siit Multi returns to help us make a trade decision. For example, suppose you find that Siit Multi has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Siit Multi regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Siit Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siit Multi mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siit Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Siit Multi Lagged Returns
When evaluating Siit Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siit Multi mutual fund have on its future price. Siit Multi autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Siit Multi autocorrelation shows the relationship between Siit Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Siit Multi Asset Real.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Siit Mutual Fund
Siit Multi 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 Multi security.
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