Siit Small Cap Fund Market Value

SECAX Fund  USD 10.91  0.14  1.30%   
Siit Small's market value is the price at which a share of Siit Small trades on a public exchange. It measures the collective expectations of Siit Small Cap investors about its performance. Siit Small is trading at 10.91 as of the 2nd of March 2025; that is 1.30% up since the beginning of the trading day. The fund's open price was 10.77.
With this module, you can estimate the performance of a buy and hold strategy of Siit Small Cap and determine expected loss or profit from investing in Siit Small over a given investment horizon. Check out Siit Small Correlation, Siit Small Volatility and Siit Small Alpha and Beta module to complement your research on Siit Small.
Symbol

Please note, there is a significant difference between Siit Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siit Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siit Small's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Siit Small 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Siit Small's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Siit Small.
0.00
03/13/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/02/2025
0.00
If you would invest  0.00  in Siit Small on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Siit Small Cap or generate 0.0% return on investment in Siit Small over 720 days. Siit Small is related to or competes with Highland Long/short, Alphacentric Lifesci, Blackrock Health, Health Care, Blackrock Health, and Deutsche Health. The fund will invest at least 80 percent of its net assets in equity securities of small companies, ETFs based on small ... More

Siit Small Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Siit Small's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Siit Small Cap upside and downside potential and time the market with a certain degree of confidence.

Siit Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Siit Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siit Small's standard deviation. In reality, there are many statistical measures that can use Siit Small historical prices to predict the future Siit Small's volatility.
Hype
Prediction
LowEstimatedHigh
9.1510.8812.61
Details
Intrinsic
Valuation
LowRealHigh
9.4211.1512.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Siit Small. Your research has to be compared to or analyzed against Siit Small's peers to derive any actionable benefits. When done correctly, Siit Small'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 Siit Small Cap.

Siit Small Cap Backtested Returns

Siit Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the fund had a -0.16 % return per unit of risk over the last 3 months. Siit Small Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Siit Small's Variance of 2.98, coefficient of variation of (624.99), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Siit Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Siit Small is expected to be smaller as well.

Auto-correlation

    
  0.03  

Virtually no predictability

Siit Small Cap has virtually no predictability. Overlapping area represents the amount of predictability between Siit Small time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Siit Small Cap price movement. The serial correlation of 0.03 indicates that only 3.0% of current Siit Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.03
Spearman Rank Test0.17
Residual Average0.0
Price Variance0.36

Siit Small Cap lagged returns against current returns

Autocorrelation, which is Siit Small mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Siit Small's mutual fund expected returns. We can calculate the autocorrelation of Siit Small returns to help us make a trade decision. For example, suppose you find that Siit Small has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Siit Small regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Siit Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siit Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siit Small mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Siit Small Lagged Returns

When evaluating Siit Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siit Small mutual fund have on its future price. Siit Small autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Siit Small autocorrelation shows the relationship between Siit Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Siit Small Cap.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Siit Mutual Fund

Siit Small financial ratios help investors to determine whether Siit 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 Siit with respect to the benefits of owning Siit Small security.
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