Sit Tax Free Income Fund Buy Hold or Sell Recommendation

SNTIX Fund  USD 8.67  0.02  0.23%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Sit Tax Free Income is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Sit Tax Free Income given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Sit Tax Free Income, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Sit Tax Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Sit and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Sit Tax Free Income. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Execute Sit Tax Buy or Sell Advice

The Sit recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sit Tax Free Income. Macroaxis does not own or have any residual interests in Sit Tax Free Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sit Tax's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Sit TaxBuy Sit Tax
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Sit Tax Free Income has a Mean Deviation of 0.2131, Standard Deviation of 0.3333 and Variance of 0.1111
We provide advice to complement the current expert consensus on Sit Tax. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Use Sit Tax price to book, one year return, as well as the relationship between the One Year Return and cash position weight to ensure your buy or sell decision on Sit Tax Free is adequate.

Sit Tax Trading Alerts and Improvement Suggestions

Sit Tax Free generated a negative expected return over the last 90 days
The fund generated three year return of -1.0%
Sit Tax Free maintains about 6.89% of its assets in cash

Sit Tax Returns Distribution Density

The distribution of Sit Tax's historical returns is an attempt to chart the uncertainty of Sit Tax's future price movements. The chart of the probability distribution of Sit Tax daily returns describes the distribution of returns around its average expected value. We use Sit Tax Free Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sit Tax returns is essential to provide solid investment advice for Sit Tax.
Mean Return
-0.01
Value At Risk
-0.46
Potential Upside
0.45
Standard Deviation
0.33
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sit Tax historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Sit Tax Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sit Tax or Sit sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sit Tax's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sit fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.02
β
Beta against Dow Jones0.06
σ
Overall volatility
0.34
Ir
Information ratio -0.14

Sit Tax Volatility Alert

Sit Tax Free Income exhibits very low volatility with skewness of -1.49 and kurtosis of 4.23. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sit Tax's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sit Tax's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Sit Tax Fundamentals Vs Peers

Comparing Sit Tax's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sit Tax's direct or indirect competition across all of the common fundamentals between Sit Tax and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sit Tax or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Sit Tax's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sit Tax by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Sit Tax to competition
FundamentalsSit TaxPeer Average
Price To Earning6.97 X6.53 X
Price To Book7.19 X0.74 X
Price To Sales0.94 X0.61 X
Annual Yield0 %0.29 %
Year To Date Return4.70 %0.39 %
One Year Return5.08 %4.15 %
Three Year Return(1.35) %3.60 %
Five Year Return0.59 %3.24 %
Ten Year Return4.53 %1.79 %
Net Asset188.37 M4.11 B
Last Dividend Paid0.020.65
Cash Position Weight6.89 %10.61 %
Bond Positions Weight0.13 %11.24 %

Sit Tax Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sit . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Sit Tax Buy or Sell Advice

When is the right time to buy or sell Sit Tax Free Income? Buying financial instruments such as Sit Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Sit Tax in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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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