Siit Us Equity Fund Market Value

SEHAX Fund  USD 13.83  0.13  0.95%   
Siit Us' market value is the price at which a share of Siit Us trades on a public exchange. It measures the collective expectations of Siit Us Equity investors about its performance. Siit Us is trading at 13.83 as of the 28th of March 2024; that is 0.95 percent increase since the beginning of the trading day. The fund's open price was 13.7.
With this module, you can estimate the performance of a buy and hold strategy of Siit Us Equity and determine expected loss or profit from investing in Siit Us over a given investment horizon. Check out Siit Us Correlation, Siit Us Volatility and Siit Us Alpha and Beta module to complement your research on Siit Us.
Symbol

Please note, there is a significant difference between Siit Us' value and its price as these two are different measures arrived at by different means. Investors typically determine if Siit Us is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siit Us' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Siit Us '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 Siit Us' 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 Siit Us.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Siit Us on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Siit Us Equity or generate 0.0% return on investment in Siit Us over 30 days. Siit Us is related to or competes with Vanguard Total, Vanguard Total, Vanguard 500, and Vanguard 500. Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity and equity-related ... More

Siit Us 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 Siit Us' 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 Siit Us Equity upside and downside potential and time the market with a certain degree of confidence.

Siit Us Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Siit Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siit Us' standard deviation. In reality, there are many statistical measures that can use Siit Us historical prices to predict the future Siit Us' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Siit Us' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.0213.7014.38
Details
Intrinsic
Valuation
LowRealHigh
12.5913.2713.95
Details
Naive
Forecast
LowNextHigh
13.0413.7214.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.6813.7113.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Siit Us. Your research has to be compared to or analyzed against Siit Us' peers to derive any actionable benefits. When done correctly, Siit Us' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Siit Us Equity.

Siit Us Equity Backtested Returns

We consider Siit Us very steady. Siit Us Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Siit Us Equity, which you can use to evaluate the volatility of the fund. Please validate Siit Us' Coefficient Of Variation of 398.56, risk adjusted performance of 0.1409, and Semi Deviation of 0.3289 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Siit Us are expected to decrease at a much lower rate. During the bear market, Siit Us is likely to outperform the market.

Auto-correlation

    
  0.54  

Modest predictability

Siit Us Equity has modest predictability. Overlapping area represents the amount of predictability between Siit Us time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Siit Us Equity price movement. The serial correlation of 0.54 indicates that about 54.0% of current Siit Us price fluctuation can be explain by its past prices.
Correlation Coefficient0.54
Spearman Rank Test0.7
Residual Average0.0
Price Variance0.02

Siit Us Equity lagged returns against current returns

Autocorrelation, which is Siit Us 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 Siit Us' mutual fund expected returns. We can calculate the autocorrelation of Siit Us returns to help us make a trade decision. For example, suppose you find that Siit Us 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  

Siit Us 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 Siit Us mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siit Us mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siit Us mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Siit Us Lagged Returns

When evaluating Siit Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siit Us mutual fund have on its future price. Siit Us 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, Siit Us autocorrelation shows the relationship between Siit Us mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Siit Us Equity.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Check out Siit Us Correlation, Siit Us Volatility and Siit Us Alpha and Beta module to complement your research on Siit Us.
Note that the Siit Us Equity information on this page should be used as a complementary analysis to other Siit Us' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Siit Us' price analysis, check to measure Siit Us' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Siit Us is operating at the current time. Most of Siit Us' value examination focuses on studying past and present price action to predict the probability of Siit Us' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siit Us' price. Additionally, you may evaluate how the addition of Siit Us to your portfolios can decrease your overall portfolio volatility.
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Siit Us technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Siit Us technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Siit Us trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...