Sit Tax Free Income Fund Odds of Future Mutual Fund Price Finishing Over 8.67
SNTIX Fund | USD 8.67 0.02 0.23% |
Sit |
Sit Tax Target Price Odds to finish over 8.67
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 move above the current price in 90 days |
8.67 | 90 days | 8.67 | under 95 |
Based on a normal probability distribution, the odds of Sit Tax to move above the current price in 90 days from now is under 95 (This Sit Tax Free Income probability density function shows the probability of Sit Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Sit Tax has a beta of 0.0647. This usually implies as returns on the market go up, Sit Tax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sit Tax Free Income will be expected to be much smaller as well. Additionally Sit Tax Free Income 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 Tax Price Density |
Price |
Predictive Modules for Sit Tax
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 Tax Free. 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 Tax Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sit Tax is not an exception. The market had few large corrections towards the Sit Tax'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 Tax Free Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sit Tax within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.14 |
Sit Tax 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 Tax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sit Tax Free 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 Tax Free generated a negative expected return over the last 90 days | |
Latest headline from news.google.com: American Century High-Yield Municipal Fund Q3 2024 Commentary - Seeking Alpha | |
The fund generated three year return of -1.0% | |
Sit Tax Free maintains about 6.89% of its assets in cash |
Sit Tax Technical Analysis
Sit Tax'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 Tax Free Income. In general, you should focus on analyzing Sit Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Sit Tax Predictive Forecast Models
Sit Tax's time-series forecasting models is one of many Sit Tax'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 Tax'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 Tax Free
Checking the ongoing alerts about Sit Tax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sit Tax Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Sit Tax Free generated a negative expected return over the last 90 days | |
Latest headline from news.google.com: American Century High-Yield Municipal Fund Q3 2024 Commentary - Seeking Alpha | |
The fund generated three year return of -1.0% | |
Sit Tax Free maintains about 6.89% of its assets in cash |
Other Information on Investing in Sit Mutual Fund
Sit Tax 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 Tax security.
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