Sit Minnesota Net Asset vs. Bond Positions Weight
| SMTFX Fund | USD 9.47 0.01 0.11% |
For Sit Minnesota profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sit Minnesota to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sit Minnesota Tax Free utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sit Minnesota's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sit Minnesota Tax Free over time as well as its relative position and ranking within its peers.
Sit |
Sit Minnesota Tax Bond Positions Weight vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sit Minnesota's current stock value. Our valuation model uses many indicators to compare Sit Minnesota value to that of its competitors to determine the firm's financial worth. Sit Minnesota Tax Free is rated top fund in net asset among similar funds. It also is rated top fund in bond positions weight among similar funds . The ratio of Net Asset to Bond Positions Weight for Sit Minnesota Tax Free is about 4,788,653 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sit Minnesota's earnings, one of the primary drivers of an investment's value.Sit Bond Positions Weight vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Sit Minnesota |
| = | 457.46 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Sit Minnesota |
| = | 95.53 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Sit Minnesota Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sit Minnesota, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sit Minnesota will eventually generate negative long term returns. The profitability progress is the general direction of Sit Minnesota's change in net profit over the period of time. It can combine multiple indicators of Sit Minnesota, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to achieve its objective by investing primarily in municipal securities that generate interest income that is exempt from regular federal income tax and Minnesota regular personal income tax. It invests 100 percent of its net assets in such tax-exempt municipal securities. It is non-diversified.
Sit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sit Minnesota. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sit Minnesota position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sit Minnesota's important profitability drivers and their relationship over time.
Use Sit Minnesota in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sit Minnesota position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sit Minnesota will appreciate offsetting losses from the drop in the long position's value.Sit Minnesota Pair Trading
Sit Minnesota Tax Free Pair Trading Analysis
The ability to find closely correlated positions to Sit Minnesota could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sit Minnesota when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sit Minnesota - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sit Minnesota Tax Free to buy it.
The correlation of Sit Minnesota is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sit Minnesota moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sit Minnesota Tax moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sit Minnesota can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sit Minnesota position
In addition to having Sit Minnesota in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Real Estate ETFs Thematic Idea Now
Real Estate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 65 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Sit Mutual Fund
To fully project Sit Minnesota's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sit Minnesota Tax at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Sit Minnesota's income statement, its balance sheet, and the statement of cash flows.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |