Sit Government Securities Fund Market Value
| SNGYX Fund | USD 10.30 0.02 0.19% |
| Symbol | Sit |
Sit Government '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 Sit Government's 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 Sit Government.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Sit Government on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Sit Government Securities or generate 0.0% return on investment in Sit Government over 90 days. Sit Government is related to or competes with Schwab Health, T Rowe, Lord Abbett, Delaware Healthcare, Alphacentric Lifesci, Fidelity Advisor, and The Hartford. The fund invests exclusively in U.S. government securities, which are securities issued, guaranteed or insured by the U.... More
Sit Government 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 Sit Government's 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 Sit Government Securities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2382 | |||
| Information Ratio | (0.56) | |||
| Maximum Drawdown | 0.8828 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.3918 |
Sit Government Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sit Government's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sit Government's standard deviation. In reality, there are many statistical measures that can use Sit Government historical prices to predict the future Sit Government's volatility.| Risk Adjusted Performance | 0.0512 | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.51) | |||
| Treynor Ratio | 0.336 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sit Government's 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.
Sit Government Securities Backtested Returns
At this stage we consider Sit Mutual Fund to be very steady. Sit Government Securities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0959, which indicates the fund had a 0.0959 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sit Government Securities, which you can use to evaluate the volatility of the fund. Please validate Sit Government's Coefficient Of Variation of 1104.09, risk adjusted performance of 0.0512, and Semi Deviation of 0.1259 to confirm if the risk estimate we provide is consistent with the expected return of 0.0207%. The entity has a beta of 0.0282, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sit Government's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sit Government is expected to be smaller as well.
Auto-correlation | -0.3 |
Weak reverse predictability
Sit Government Securities has weak reverse predictability. Overlapping area represents the amount of predictability between Sit Government time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sit Government Securities price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Sit Government price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sit Government Securities lagged returns against current returns
Autocorrelation, which is Sit Government 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 Sit Government's mutual fund expected returns. We can calculate the autocorrelation of Sit Government returns to help us make a trade decision. For example, suppose you find that Sit Government 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 |
Sit Government 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 Sit Government mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sit Government mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sit Government mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sit Government Lagged Returns
When evaluating Sit Government's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sit Government mutual fund have on its future price. Sit Government 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, Sit Government autocorrelation shows the relationship between Sit Government mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sit Government Securities.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Sit Mutual Fund
Sit Government 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 Government security.
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