Sit Large Cap Fund Market Value
| SNIGX Fund | USD 73.08 0.29 0.40% |
| Symbol | Sit |
Sit Large '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 Sit Large'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 Sit Large.
| 12/26/2024 |
| 03/26/2025 |
If you would invest 0.00 in Sit Large on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sit Large Cap or generate 0.0% return on investment in Sit Large over 90 days. Sit Large is related to or competes with T Rowe, and Materials Portfolio. The fund invests at least 80 percent of its net assets in the common stocks of companies with capitalizations of 5 billi... More
Sit Large 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 Sit Large'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 Sit Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 5.26 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 1.72 |
Sit Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sit Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sit Large's standard deviation. In reality, there are many statistical measures that can use Sit Large historical prices to predict the future Sit Large's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.11) |
Sit Large Cap Backtested Returns
Sit Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0989, which indicates the fund had a -0.0989 % return per unit of risk over the last 3 months. Sit Large Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sit Large's Coefficient Of Variation of (1,145), variance of 1.55, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 1.05, which indicates a somewhat significant risk relative to the market. Sit Large returns are very sensitive to returns on the market. As the market goes up or down, Sit Large is expected to follow.
Auto-correlation | -0.32 |
Poor reverse predictability
Sit Large Cap has poor reverse predictability. Overlapping area represents the amount of predictability between Sit Large time series from 26th of December 2024 to 9th of February 2025 and 9th of February 2025 to 26th 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 Sit Large Cap price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Sit Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 8.92 |
Sit Large Cap lagged returns against current returns
Autocorrelation, which is Sit Large 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 Sit Large's mutual fund expected returns. We can calculate the autocorrelation of Sit Large returns to help us make a trade decision. For example, suppose you find that Sit Large 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 |
Sit Large 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 Sit Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sit Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sit Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sit Large Lagged Returns
When evaluating Sit Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sit Large mutual fund have on its future price. Sit Large 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, Sit Large autocorrelation shows the relationship between Sit Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sit Large Cap.
Regressed Prices |
| Timeline |
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| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Other Information on Investing in Sit Mutual Fund
Sit Large 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 Large security.
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