Sit Small Cap Fund Manager Performance Evaluation

SSMGX Fund  USD 72.09  0.62  0.85%   
The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. Sit Small returns are very sensitive to returns on the market. As the market goes up or down, Sit Small is expected to follow.

Risk-Adjusted Performance

9 of 100

 
Weak
 
Strong
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Sit Small Cap are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Sit Small may actually be approaching a critical reversion point that can send shares even higher in January 2025.
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Expense Ratio Date1st of November 2022
Expense Ratio1.5000
  

Sit Small Relative Risk vs. Return Landscape

If you would invest  6,678  in Sit Small Cap on September 12, 2024 and sell it today you would earn a total of  531.00  from holding Sit Small Cap or generate 7.95% return on investment over 90 days. Sit Small Cap is currently producing 0.1244% returns and takes up 0.9855% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Sit, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Sit Small is expected to generate 1.35 times more return on investment than the market. However, the company is 1.35 times more volatile than its market benchmark. It trades about 0.13 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.16 per unit of risk.

Sit Small Current Valuation

Fairly Valued
Today
72.09
Please note that Sit Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Sit Small Cap has a current Real Value of $71.9 per share. The regular price of the fund is $72.09. We determine the value of Sit Small Cap 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 Sit Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sit Mutual Fund. However, Sit Small'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  72.09 Real  71.9 Hype  72.09 Naive  72.03
The intrinsic value of Sit Small'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 Sit Small'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.
71.90
Real Value
72.89
Upside
Estimating the potential upside or downside of Sit Small Cap helps investors to forecast how Sit 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 Sit Small more accurately as focusing exclusively on Sit Small's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
71.8773.2374.58
Details
Hype
Prediction
LowEstimatedHigh
71.1072.0973.08
Details
Naive
Forecast
LowNext ValueHigh
71.0472.0373.01
Details

Sit Small Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sit Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sit Small Cap, and traders can use it to determine the average amount a Sit Small'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 = 0.1262

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Estimated Market Risk

 0.99
  actual daily
8
92% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Sit Small is performing at about 9% of its full potential. 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 Sit Small by adding it to a well-diversified portfolio.

Sit Small Fundamentals Growth

Sit Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sit Small, and Sit Small 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 Sit Mutual Fund performance.

About Sit Small Performance

Evaluating Sit Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sit Small 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 Sit Small 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 seeks to achieve its objective by investing, under normal market conditions, at least 80 percent of its net assets in common stocks of companies with capitalizations at the time of purchase of up to 3.0 billion, or up to the market capitalization of the largest company included in the Russell 2000 Index measured at the end of the previous twelve months. The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index .

Things to note about Sit Small Cap performance evaluation

Checking the ongoing alerts about Sit Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sit Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains 98.66% of its assets in stocks
Evaluating Sit Small's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Sit Small's mutual fund performance include:
  • Analyzing Sit Small'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 Sit Small's stock is overvalued or undervalued compared to its peers.
  • Examining Sit Small'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 Sit Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sit Small's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Sit Small's mutual fund. These opinions can provide insight into Sit Small's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Sit Small's mutual fund performance is not an exact science, and many factors can impact Sit Small's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Sit Mutual Fund

Sit Small 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 Small security.
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