Siit High Valuation
| SGYAX Fund | USD 7.17 0.01 0.14% |
At this time, the fund appears to be overvalued. Siit High Yield has a current Real Value of $6.58 per share. The regular price of the fund is $7.17. We determine the value of Siit High Yield 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.
Overvalued
Today
Please note that Siit High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Siit High Yield has a current Real Value of $6.58 per share. The regular price of the fund is $7.17. We determine the value of Siit High Yield 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 High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Siit Mutual Fund. However, Siit High'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 7.17 | Real 6.58 | Hype 7.17 | Naive 7.15 |
The intrinsic value of Siit High'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 High'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 High Yield 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 High more accurately as focusing exclusively on Siit High's fundamentals will not take into account other important factors: Siit High Total Value Analysis
Siit High Yield is at this time forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Siit High fundamentals before making investing decisions based on enterprise value of the companySiit High Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Siit suggests not a very effective usage of assets in February.About Siit High Valuation
Our relative valuation model uses a comparative analysis of Siit High. We calculate exposure to Siit High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Siit High's related companies.The fund will invest at least 80 percent of its net assets in high yield fixed income securities. It invests primarily in fixed income securities rated below investment grade, including corporate bonds and debentures, convertible and preferred securities, zero coupon obligations and tranches of collateralized debt obligations and collateralized loan obligations . The fund uses a multi-manager approach, relying upon a number of Sub-Advisers with differing investment philosophies to manage portions of the funds portfolio under the general supervision of SIMC.
Other Information on Investing in Siit Mutual Fund
Siit High 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 High security.
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