Simt Tax Managed Large Fund Market Value
| STLYX Fund | USD 39.88 0.15 0.38% |
| Symbol | SIMT |
Simt Tax-managed '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 Simt Tax-managed'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 Simt Tax-managed.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Simt Tax-managed on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Simt Tax Managed Large or generate 0.0% return on investment in Simt Tax-managed over 60 days. Simt Tax-managed is related to or competes with Simt Multi, Saat Market, Simt Real, Simt Small, Siit Screened, Saat Aggressive, and Saat Aggressive. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities of large com... More
Simt Tax-managed 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 Simt Tax-managed'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 Simt Tax Managed Large upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6526 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 0.9526 |
Simt Tax-managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simt Tax-managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simt Tax-managed's standard deviation. In reality, there are many statistical measures that can use Simt Tax-managed historical prices to predict the future Simt Tax-managed's volatility.| Risk Adjusted Performance | 0.087 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0833 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simt Tax-managed's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Simt Tax Managed Backtested Returns
At this stage we consider SIMT Mutual Fund to be very steady. Simt Tax Managed 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-seven technical indicators for Simt Tax Managed Large, which you can use to evaluate the volatility of the fund. Please validate Simt Tax-managed's Coefficient Of Variation of 865.0, semi deviation of 0.5308, and Risk Adjusted Performance of 0.087 to confirm if the risk estimate we provide is consistent with the expected return of 0.0918%. The entity has a beta of 0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Simt Tax-managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Simt Tax-managed is expected to be smaller as well.
Auto-correlation | 0.33 |
Below average predictability
Simt Tax Managed Large has below average predictability. Overlapping area represents the amount of predictability between Simt Tax-managed time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th of November 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 Simt Tax Managed price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Simt Tax-managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Simt Tax Managed lagged returns against current returns
Autocorrelation, which is Simt Tax-managed 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 Simt Tax-managed's mutual fund expected returns. We can calculate the autocorrelation of Simt Tax-managed returns to help us make a trade decision. For example, suppose you find that Simt Tax-managed 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 |
Simt Tax-managed 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 Simt Tax-managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simt Tax-managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simt Tax-managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Simt Tax-managed Lagged Returns
When evaluating Simt Tax-managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simt Tax-managed mutual fund have on its future price. Simt Tax-managed 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, Simt Tax-managed autocorrelation shows the relationship between Simt Tax-managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Simt Tax Managed Large.
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 SIMT Mutual Fund
Simt Tax-managed 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 Tax-managed security.
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