Sit Minnesota Tax Free Fund Probability of Future Mutual Fund Price Finishing Under 8.51
| SMTFX Fund | USD 9.47 0.01 0.11% |
Sit |
Sit Minnesota Target Price Odds to finish below 8.51
The tendency of Sit Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 8.51 or more in 90 days |
| 9.47 | 90 days | 8.51 | near 1 |
Based on a normal probability distribution, the odds of Sit Minnesota to drop to $ 8.51 or more in 90 days from now is near 1 (This Sit Minnesota Tax Free probability density function shows the probability of Sit Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Sit Minnesota Tax price to stay between $ 8.51 and its current price of $9.47 at the end of the 90-day period is about 5.71 .
Assuming the 90 days horizon Sit Minnesota Tax Free has a beta of -0.0041. This usually implies as returns on the benchmark increase, returns on holding Sit Minnesota are expected to decrease at a much lower rate. During a bear market, however, Sit Minnesota Tax Free is likely to outperform the market. Additionally Sit Minnesota Tax Free has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sit Minnesota Price Density |
| Price |
Predictive Modules for Sit Minnesota
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sit Minnesota Tax. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sit Minnesota Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sit Minnesota is not an exception. The market had few large corrections towards the Sit Minnesota's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Sit Minnesota Tax Free, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sit Minnesota within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.0041 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.21 |
Sit Minnesota Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sit Minnesota for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sit Minnesota Tax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sit Minnesota Tax generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Sit Minnesota Tax maintains about 95.53% of its assets in bonds |
Sit Minnesota Technical Analysis
Sit Minnesota's future price can be derived by breaking down and analyzing its technical indicators over time. Sit Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sit Minnesota Tax Free. In general, you should focus on analyzing Sit Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Sit Minnesota Predictive Forecast Models
Sit Minnesota's time-series forecasting models is one of many Sit Minnesota's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Sit Minnesota's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Sit Minnesota Tax
Checking the ongoing alerts about Sit Minnesota for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sit Minnesota Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sit Minnesota Tax generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Sit Minnesota Tax maintains about 95.53% of its assets in bonds |
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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