Sit Quality Income Fund Market Value
| SQIFX Fund | USD 9.59 0.01 0.10% |
| Symbol | Sit |
Sit Quality '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 Quality'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 Quality.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Sit Quality on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Sit Quality Income or generate 0.0% return on investment in Sit Quality over 90 days. Sit Quality is related to or competes with Sit Small, Sit Global, Sit Global, Sit Small, Sit Small, Sit Developing, and Sit Dividend. The fund seeks to achieve its objective by investing under normal market conditions at least 80 percent of its assets in... More
Sit Quality 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 Quality'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 Quality Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1819 | |||
| Information Ratio | (0.76) | |||
| Maximum Drawdown | 0.8422 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.2119 |
Sit Quality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sit Quality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sit Quality's standard deviation. In reality, there are many statistical measures that can use Sit Quality historical prices to predict the future Sit Quality's volatility.| Risk Adjusted Performance | 0.0712 | |||
| Jensen Alpha | 0.0091 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.69) | |||
| Treynor Ratio | 0.8601 |
Sit Quality Income Backtested Returns
At this stage we consider Sit Mutual Fund to be very steady. Sit Quality Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sit Quality Income, which you can use to evaluate the volatility of the fund. Please validate Sit Quality's Downside Deviation of 0.1819, standard deviation of 0.1652, and Risk Adjusted Performance of 0.0712 to confirm if the risk estimate we provide is consistent with the expected return of 0.0243%. The entity has a beta of 0.0126, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sit Quality's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sit Quality is expected to be smaller as well.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Sit Quality Income has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sit Quality time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Quality Income price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Sit Quality price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sit Quality Income lagged returns against current returns
Autocorrelation, which is Sit Quality 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 Quality's mutual fund expected returns. We can calculate the autocorrelation of Sit Quality returns to help us make a trade decision. For example, suppose you find that Sit Quality 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 Quality 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 Quality mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sit Quality 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 Quality mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sit Quality Lagged Returns
When evaluating Sit Quality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sit Quality mutual fund have on its future price. Sit Quality 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 Quality autocorrelation shows the relationship between Sit Quality mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sit Quality Income.
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 Quality 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 Quality security.
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