Sit Minnesota Valuation

SMTFX Fund  USD 9.62  0.02  0.21%   
At this time, the fund appears to be overvalued. Sit Minnesota Tax has a current Real Value of $9.27 per share. The regular price of the fund is $9.62. We determine the value of Sit Minnesota Tax 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.
Overvalued
Today
9.62
Please note that Sit Minnesota's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Sit Minnesota Tax has a current Real Value of $9.27 per share. The regular price of the fund is $9.62. We determine the value of Sit Minnesota Tax 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 Sit Minnesota is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sit Mutual Fund. However, Sit Minnesota'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  9.62 Real  9.27 Hype  9.62
The intrinsic value of Sit Minnesota'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 Sit Minnesota'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.
9.27
Real Value
10.58
Upside
Estimating the potential upside or downside of Sit Minnesota Tax Free helps investors to forecast how Sit 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 Sit Minnesota more accurately as focusing exclusively on Sit Minnesota's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
9.349.629.90
Details

Sit Minnesota Total Value Analysis

Sit Minnesota Tax Free is at this time forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Sit Minnesota fundamentals before making investing decisions based on enterprise value of the company

Sit Minnesota Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Sit suggests not a very effective usage of assets in November.

About Sit Minnesota Valuation

Our relative valuation model uses a comparative analysis of Sit Minnesota. We calculate exposure to Sit Minnesota's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Sit Minnesota's related companies.
The fund seeks to achieve its objective by investing primarily in municipal securities that generate interest income that is exempt from regular federal income tax and Minnesota regular personal income tax. It invests 100 percent of its net assets in such tax-exempt municipal securities. It is non-diversified.

Other Information on Investing in Sit Mutual Fund

Sit Minnesota 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 Minnesota security.
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