Siit Dynamic Asset Fund Manager Performance Evaluation
| SDLAX Fund | USD 24.38 0.03 0.12% |
The entity has a beta of 0.94, which indicates possible diversification benefits within a given portfolio. Siit Dynamic returns are very sensitive to returns on the market. As the market goes up or down, Siit Dynamic is expected to follow.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Siit Dynamic Asset are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Siit Dynamic may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 0.0300 |
Siit |
Siit Dynamic Relative Risk vs. Return Landscape
If you would invest 2,245 in Siit Dynamic Asset on August 28, 2024 and sell it today you would earn a total of 193.00 from holding Siit Dynamic Asset or generate 8.6% return on investment over 90 days. Siit Dynamic Asset is currently producing 0.1327% returns and takes up 0.8709% volatility of returns over 90 trading days. Put another way, 7% 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 Dynamic Current Valuation
Fairly Valued
Today
Please note that Siit Dynamic's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Siit Dynamic Asset has a current Real Value of $24.03 per share. The regular price of the fund is $24.38. We determine the value of Siit Dynamic Asset 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 Dynamic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Siit Mutual Fund. However, Siit Dynamic'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 24.38 | Real 24.03 | Hype 24.38 | Naive 24.2 |
The intrinsic value of Siit Dynamic'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 Dynamic'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 Dynamic Asset 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 Dynamic more accurately as focusing exclusively on Siit Dynamic's fundamentals will not take into account other important factors: Siit Dynamic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siit Dynamic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Siit Dynamic Asset, and traders can use it to determine the average amount a Siit Dynamic'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 = 0.1523
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | SDLAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Siit Dynamic is performing at about 11% 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 Dynamic by adding it to a well-diversified portfolio.
Siit Dynamic Fundamentals Growth
Siit Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Siit Dynamic, and Siit Dynamic 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 | 19.38 X | ||||
| Price To Book | 2.71 X | ||||
| Price To Sales | 1.89 X | ||||
| Total Asset | 2.2 B | ||||
About Siit Dynamic Performance
Evaluating Siit Dynamic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Siit Dynamic 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 Dynamic 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 adviser employs a dynamic investment strategy seeking to achieve, over time, a total return in excess of the broad U.S. equity market by selecting investments from among a broad range of asset classes or market exposures based upon SIMCs expectations of risk and return. It may invest in equity securities, including common stocks, preferred stocks, convertible securities, warrants and depositary receipts of U.S. and non-U.S. issuers of various market capitalizations and industries.Things to note about Siit Dynamic Asset performance evaluation
Checking the ongoing alerts about Siit Dynamic for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Siit Dynamic Asset help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Siit Dynamic's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Siit Dynamic's mutual fund performance include:- Analyzing Siit Dynamic'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 Dynamic's stock is overvalued or undervalued compared to its peers.
- Examining Siit Dynamic'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 Dynamic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Siit Dynamic's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Siit Dynamic's mutual fund. These opinions can provide insight into Siit Dynamic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Siit Mutual Fund
Siit Dynamic 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 Dynamic security.
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