Siit Equity Factor Fund Market Value
| SEHAX Fund | USD 15.49 0.10 0.65% |
| Symbol | Siit |
Siit Equity '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 Equity'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 Siit Equity.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Siit Equity on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Siit Equity Factor or generate 0.0% return on investment in Siit Equity over 90 days. Siit Equity is related to or competes with Deutsche Gold, Invesco Gold, Oppenheimer Gold, Franklin Gold, World Precious, Sprott Gold, and Goldman Sachs. Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity and equity-related ... More
Siit Equity 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 Equity'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 Siit Equity Factor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8253 | |||
| Information Ratio | 0.0907 | |||
| Maximum Drawdown | 4.53 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.71 |
Siit Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siit Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siit Equity's standard deviation. In reality, there are many statistical measures that can use Siit Equity historical prices to predict the future Siit Equity's volatility.| Risk Adjusted Performance | 0.2404 | |||
| Jensen Alpha | 0.2299 | |||
| Total Risk Alpha | 0.088 | |||
| Sortino Ratio | 0.0954 | |||
| Treynor Ratio | (1.91) |
Siit Equity Factor Backtested Returns
Siit Equity appears to be very steady, given 3 months investment horizon. Siit Equity Factor owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.32, which indicates the fund had a 0.32 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Siit Equity Factor, which you can use to evaluate the volatility of the fund. Please review Siit Equity's Risk Adjusted Performance of 0.2404, coefficient of variation of 386.41, and Semi Deviation of 0.5283 to confirm if our risk estimates are consistent with your expectations. 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 Equity are expected to decrease at a much lower rate. During the bear market, Siit Equity is likely to outperform the market.
Auto-correlation | 0.90 |
Excellent predictability
Siit Equity Factor has excellent predictability. Overlapping area represents the amount of predictability between Siit Equity 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 Siit Equity Factor price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Siit Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Siit Equity Factor lagged returns against current returns
Autocorrelation, which is Siit Equity 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 Equity's mutual fund expected returns. We can calculate the autocorrelation of Siit Equity returns to help us make a trade decision. For example, suppose you find that Siit Equity 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 Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siit Equity 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 Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Siit Equity Lagged Returns
When evaluating Siit Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siit Equity mutual fund have on its future price. Siit Equity 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 Equity autocorrelation shows the relationship between Siit Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Siit Equity Factor.
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 Siit Mutual Fund
Siit Equity 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 Equity security.
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