Siit Extended Market Fund Manager Performance Evaluation
| SMXAX Fund | USD 18.33 0.12 0.66% |
The entity has a beta of 1.64, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Siit Extended will likely underperform.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Siit Extended Market has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Siit Extended is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.0600 |
Siit |
Siit Extended Relative Risk vs. Return Landscape
If you would invest 1,910 in Siit Extended Market on October 22, 2024 and sell it today you would lose (77.00) from holding Siit Extended Market or give up 4.03% of portfolio value over 90 days. Siit Extended Market is currently producing negative expected returns and takes up 2.1206% volatility of returns over 90 trading days. Put another way, 18% of traded mutual funds are less volatile than Siit, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Siit Extended Current Valuation
Undervalued
Today
Please note that Siit Extended's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. Siit Extended Market current Real Value cannot be determined due to lack of data. The regular price of Siit Extended Market is $18.33. We determine the value of Siit Extended Market from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Siit Extended is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Siit Mutual Fund. However, Siit Extended's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 18.33 | Real 0.0 | Hype 0.0 | Naive 19.32 |
The intrinsic value of Siit Extended's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Siit Extended's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Siit Extended Market helps investors to forecast how Siit mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Siit Extended more accurately as focusing exclusively on Siit Extended's fundamentals will not take into account other important factors: Siit Extended Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siit Extended's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Siit Extended Market, and traders can use it to determine the average amount a Siit Extended's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0206
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SMXAX |
Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Siit Extended is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Siit Extended by adding Siit Extended to a well-diversified portfolio.
Siit Extended Fundamentals Growth
Siit Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Siit Extended, and Siit Extended fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Siit Mutual Fund performance.
| Price To Earning | 20.41 X | |||
| Price To Book | 2.05 X | |||
| Price To Sales | 1.27 X | |||
| Total Asset | 1.74 B | |||
About Siit Extended Performance
Evaluating Siit Extended's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Siit Extended has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Siit Extended has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund is managed using a passiveindexing investment approach and invests substantially all of its assets in securities of companies that are included in the Russell Small Cap Completeness Index. Sei Extended is traded on NASDAQ Exchange in the United States.Things to note about Siit Extended Market performance evaluation
Checking the ongoing alerts about Siit Extended for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Siit Extended Market help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Siit Extended Market generated a negative expected return over the last 90 days | |
| The fund maintains about 5.29% of its assets in cash |
- Analyzing Siit Extended's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Siit Extended's stock is overvalued or undervalued compared to its peers.
- Examining Siit Extended's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Siit Extended's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Siit Extended's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Siit Extended's mutual fund. These opinions can provide insight into Siit Extended's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Siit Mutual Fund
Siit Extended 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 Extended security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |