Simt Multi Asset Income Fund Market Value
| SLIYX Fund | USD 10.07 0.01 0.1% |
| Symbol | Simt |
Simt Multi-asset '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 Simt Multi-asset'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 Simt Multi-asset.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Simt Multi-asset on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Simt Multi Asset Income or generate 0.0% return on investment in Simt Multi-asset over 30 days. Simt Multi-asset is related to or competes with Simt Core, Sit Emerging, Simt Global, Sit International, and Simt Sp. Under normal circumstances, the fund will seek to generate total return with an emphasis on income by selecting investme... More
Simt Multi-asset 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 Simt Multi-asset'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 Simt Multi Asset Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2571 | |||
| Information Ratio | 0.2315 | |||
| Maximum Drawdown | 1.12 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 0.402 |
Simt Multi-asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simt Multi-asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simt Multi-asset's standard deviation. In reality, there are many statistical measures that can use Simt Multi-asset historical prices to predict the future Simt Multi-asset's volatility.| Risk Adjusted Performance | 0.1017 | |||
| Jensen Alpha | 0.0291 | |||
| Total Risk Alpha | 0.0335 | |||
| Sortino Ratio | 0.1936 | |||
| Treynor Ratio | 0.27 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simt Multi-asset's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Simt Multi Asset Backtested Returns
At this stage we consider Simt Mutual Fund to be very steady. Simt Multi Asset owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Simt Multi Asset Income, which you can use to evaluate the volatility of the fund. Please validate Simt Multi-asset's Standard Deviation of 0.215, downside deviation of 0.2571, and Risk Adjusted Performance of 0.1017 to confirm if the risk estimate we provide is consistent with the expected return of 0.0248%. The entity has a beta of 0.0992, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Simt Multi-asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Simt Multi-asset is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Simt Multi Asset Income has below average predictability. Overlapping area represents the amount of predictability between Simt Multi-asset time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 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 Simt Multi Asset price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Simt Multi-asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Simt Multi Asset lagged returns against current returns
Autocorrelation, which is Simt Multi-asset 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 Simt Multi-asset's mutual fund expected returns. We can calculate the autocorrelation of Simt Multi-asset returns to help us make a trade decision. For example, suppose you find that Simt Multi-asset 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 |
Simt Multi-asset 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 Simt Multi-asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simt Multi-asset mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simt Multi-asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Simt Multi-asset Lagged Returns
When evaluating Simt Multi-asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simt Multi-asset mutual fund have on its future price. Simt Multi-asset 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, Simt Multi-asset autocorrelation shows the relationship between Simt Multi-asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Simt Multi Asset Income.
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 Simt Mutual Fund
Simt Multi-asset financial ratios help investors to determine whether Simt 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 Simt with respect to the benefits of owning Simt Multi-asset security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |