Sit Minnesota Competition

SMTFX Fund

USD 9.47 0.01 0.11%

Sit Minnesota Tax competes with Sit Small, Sit Global, Sit Global, Sit Small, and Sit Small; as well as few others. The fund is listed under Muni Minnesota category and is part of Sit family. Analyzing Sit Minnesota competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Sit Minnesota to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Sit Minnesota Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Sit Minnesota competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
9.15	9.47	9.79

Details

Intrinsic

Valuation

Low	Real	High
8.84	9.16	9.48

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sit Minnesota. Your research has to be compared to or analyzed against Sit Minnesota's peers to derive any actionable benefits. When done correctly, Sit Minnesota's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sit Minnesota Tax.

Sit Minnesota Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Sit Minnesota and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Sit and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Sit Minnesota Tax does not affect the price movement of the other competitor.

	SSCDX	GDGIX	GDGSX	SSMGX	SDFSX	SDVSX	SESGX	NBNGX	SIBAX	IESGX
SSCDX		0.56	0.56	0.84	1.0	0.78	0.72	0.79	0.7	0.73	SSCDX
GDGIX	0.56		1.0	0.62	0.56	0.56	0.83	0.69	0.71	0.83	GDGIX
GDGSX	0.56	1.0		0.62	0.55	0.56	0.82	0.68	0.7	0.83	GDGSX
SSMGX	0.84	0.62	0.62		0.84	0.85	0.61	0.7	0.54	0.64	SSMGX
SDFSX	1.0	0.56	0.55	0.84		0.78	0.72	0.78	0.7	0.73	SDFSX
SDVSX	0.78	0.56	0.56	0.85	0.78		0.48	0.5	0.39	0.51	SDVSX
SESGX	0.72	0.83	0.82	0.61	0.72	0.48		0.89	0.95	1.0	SESGX
NBNGX	0.79	0.69	0.68	0.7	0.78	0.5	0.89		0.95	0.89	NBNGX
SIBAX	0.7	0.71	0.7	0.54	0.7	0.39	0.95	0.95		0.94	SIBAX
IESGX	0.73	0.83	0.83	0.64	0.73	0.51	1.0	0.89	0.94		IESGX
	SSCDX	GDGIX	GDGSX	SSMGX	SDFSX	SDVSX	SESGX	NBNGX	SIBAX	IESGX

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Risk-Adjusted Indicators

There is a big difference between Sit Mutual Fund performing well and Sit Minnesota Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Sit Minnesota's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SSCDX	0.76	(0.05)	0.00	(0.15)	0.00	0.00	1.31	(1.36)	8.50
GDGIX	0.56	(0.02)	(0.03)	0.01	0.89	(0.52)	1.01	(1.48)	4.15
GDGSX	0.55	(0.02)	(0.03)	0.01	0.89	(0.52)	1.01	(1.52)	4.09
SSMGX	0.84	(0.12)	0.00	(0.07)	0.00	0.00	1.51	(1.92)	8.76
SDFSX	0.76	(0.05)	0.00	(0.15)	0.00	0.00	1.36	(1.36)	8.50
SDVSX	0.65	(0.16)	0.00	(0.18)	0.00	0.00	0.91	(1.13)	12.69
SESGX	0.52	0.01	0.00	0.05	0.74	(0.52)	1.08	(1.21)	3.90
NBNGX	0.80	0.01	0.01	0.05	1.43	(0.74)	1.52	(1.76)	7.33
SIBAX	0.44	0.02	0.00	0.07	0.65	(0.44)	0.91	(1.27)	3.66
IESGX	0.52	0.01	0.00	0.05	0.79	(0.52)	1.06	(1.19)	3.95

Unable to evaluate fundamental data of [SSCDX, GDGIX, GDGSX, SSMGX, SDFSX, SDVSX, SESGX, NBNGX, SIBAX, IESGX] at this time. Please try again later

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Sit Minnesota Competitive Analysis

The better you understand Sit Minnesota competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Sit Minnesota's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Sit Minnesota's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	SMTFX	SSCDX	GDGIX	GDGSX	SSMGX	SDFSX	SDVSX	SESGX	NBNGX	SIBAX
	0.11 9.47 Sit	0.18 17.09 Sit	0.93 28.35 Sit	0.93 28.32 Sit	0.77 66.68 Sit	0.12 17.08 Sit	0.58 15.73 Sit	0.63 22.44 Sit	0.98 24.76 Sit	0.70 36.10 Sit
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Weak	Insignificant	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Cautious Hold	Strong Hold	Strong Hold	Strong Hold	Cautious Hold	Strong Hold	Strong Hold	Hold	Strong Hold
Net Asset	457.46 M	21.47 M	33.92 M	47.95 M	109.84 M	18.82 M	231.2 M	6.1 M	185.22 M	49.45 M
Minimum Initial Investment	5 K	100 K	N/A	5 K	5 K	N/A	N/A	N/A	5 K	5 K
Price To Book	N/A	N/A	2.71	2.57	2.94	N/A	2.72	2.36	3.19	3.23
Five Year Return	0.56	9.7	11.22	11.06	9.46	9.42	11.75	10.75	11.02	10.4
One Year Return	4.0	18.48	19.29	18.18	17.59	18.2	19.75	22.81	18.28	19.54
Last Dividend Paid	0.02	0.05	0.08	0.07	N/A	0.04	0.06	0.08	N/A	0.07
Price To Earning	N/A	N/A	17.0	16.05	22.27	N/A	17.72	17.01	22.29	19.55
Price To Sales	N/A	N/A	1.65	1.79	1.43	N/A	1.74	1.83	1.7	2.12
Cash Position Weight	4.46	2.64	1.64	2.21	1.34	4.82	0.77	4.51	0.95	2.77
Equity Positions Weight	N/A	97.36	98.36	97.79	98.66	95.18	99.23	95.48	99.05	61.92
Three Year Return	-1.1	5.67	7.29	6.11	1.81	5.41	6.73	7.73	3.29	5.15
Annual Yield	0.0043	0.0087	0.0075	0.0052	N/A	0.0067	0.0084	0.0045	N/A	0.0141
Year To Date Return	3.72	15.95	17.14	17.59	14.39	15.75	19.1	20.61	17.95	19.19
Bond Positions Weight	95.53	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	34.91
Ten Year Return	3.93	N/A	8.46	8.18	9.87	N/A	11.42	N/A	11.0	9.31
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T
Day Typical Price	9.47	17.09	28.35	28.32	66.68	17.08	15.73	22.44	24.76	36.1
Period Momentum Indicator	(0.01)	0.03	0.26	0.26	0.51	0.02	0.09	0.14	0.24	0.25
Rate Of Daily Change	1.0	1.0	1.01	1.01	1.01	1.0	1.01	1.01	1.01	1.01
Day Median Price	9.47	17.09	28.35	28.32	66.68	17.08	15.73	22.44	24.76	36.1
Price Action Indicator	(0.01)	0.015	0.13	0.13	0.26	0.01	0.045	0.07	0.12	0.13
Coefficient Of Variation	(2,297)	(3,708)	5377.02	5572.0	(1,758)	(3,715)	(1,193)	1561.93	2032.65	1324.43
Mean Deviation	0.2062	0.7625	0.5562	0.5542	0.8402	0.7647	0.6528	0.5203	0.8028	0.4405
Jensen Alpha	(0.02)	(0.05)	(0.02)	(0.02)	(0.12)	(0.05)	(0.16)	0.0126	0.0109	0.0177
Total Risk Alpha	(0.04)	(0.09)	(0.03)	(0.03)	(0.13)	(0.09)	(0.20)	0.0047	(0)	0.01
Sortino Ratio	N/A	N/A	(0.03)	(0.03)	N/A	N/A	N/A	0.0011	0.0084	0.003
Downside Variance	N/A	N/A	0.8394	0.8326	N/A	N/A	N/A	0.6744	2.2	0.602
Standard Deviation	0.3177	1.11	0.7594	0.7563	1.23	1.11	1.47	0.7134	1.16	0.6237
Kurtosis	4.32	5.75	3.0	2.9	6.0	5.7	39.99	2.17	5.2	2.44
Potential Upside	0.3178	1.31	1.01	1.01	1.51	1.36	0.9132	1.08	1.52	0.9138
Treynor Ratio	0.4294	(0.15)	0.006	0.0052	(0.07)	(0.15)	(0.18)	0.0538	0.0452	0.0665
Maximum Drawdown	1.89	8.5	4.15	4.09	8.76	8.5	12.69	3.9	7.33	3.66
Variance	0.1009	1.23	0.5767	0.572	1.52	1.23	2.16	0.5089	1.35	0.3889
Market Risk Adjusted Performance	0.4394	(0.14)	0.016	0.0152	(0.06)	(0.14)	(0.17)	0.0638	0.0552	0.0765
Risk Adjusted Performance	(0.05)	(0.02)	0.0143	0.0138	(0.04)	(0.02)	(0.06)	0.05	0.0424	0.0575
Skewness	(1.25)	0.5183	(1.28)	(1.27)	(1.40)	0.5222	(5.68)	(1.03)	(1.58)	(1.03)
Semi Deviation	N/A	N/A	0.8921	0.8888	N/A	N/A	N/A	0.737	1.43	0.6462
Information Ratio	(0.18)	(0.07)	(0.04)	(0.04)	(0.09)	(0.07)	(0.11)	0.0013	0.0107	0.0038
Value At Risk	(0.42)	(1.36)	(1.48)	(1.52)	(1.92)	(1.36)	(1.13)	(1.21)	(1.76)	(1.27)
Expected Short fall	N/A	N/A	(0.52)	(0.52)	N/A	N/A	N/A	(0.52)	(0.74)	(0.44)
Downside Deviation	N/A	N/A	0.9162	0.9125	N/A	N/A	N/A	0.8212	1.48	0.7759
Semi Variance	N/A	N/A	0.7958	0.7899	N/A	N/A	N/A	0.5432	2.06	0.4175

Sit Minnesota Competition Performance Charts

Five steps to successful analysis of Sit Minnesota Competition

Sit Minnesota's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Sit Minnesota Tax in relation to its competition. Sit Minnesota's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Sit Minnesota in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Sit Minnesota's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Sit Minnesota Tax, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.

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