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SIBAX
Mutual Fund ticker: NASDAQ
AS OF
Dec 24 closing price
Price
$36.10
Change
+$0.25 (+0.70%)
Net Assets
69.85M

SIBAX Sit Balanced Forecast, Technical & Fundamental Analysis

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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Broadcom Inc. (NASDAQ:AVGO), Unitedhealth Group (NYSE:UNH), Salesforce (NYSE:CRM).

Industry description

The investment seeks long-term capital growth consistent with preservation of principal and seeks to provide shareholders with regular income. The fund invests between 35% and 65% of its assets in common stocks and between 35% and 65% in fixed-income securities. The equity portion of the fund's portfolio is invested primarily in the common stocks of U.S. growth companies with a capitalization of $5 billion or more. The fixed-income portion of the fund's portfolio is invested primarily in a diversified portfolio of debt securities. The adviser seeks to maintain an average effective duration for the fixed-income portion of the fund's portfolio of 3 to 7 years.

Market Cap

The average market capitalization across the Sit Balanced MF is 1.93T. The market cap for tickers in the group ranges from 293.19B to 3.43T. NVDA holds the highest valuation in this group at 3.43T. The lowest valued company is CRM at 293.19B.

Volume

The average weekly volume growth across all stocks in the Sit Balanced MF was -63%. For the same stocks of the MF, the average monthly volume growth was -52% and the average quarterly volume growth was -58%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 73
P/E Growth Rating: 51
Price Growth Rating: 31
SMR Rating: 38
Profit Risk Rating: 12
Seasonality Score: -19 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Moderate Allocation
Address
Sit Mutual Funds Inc3300 Ids Ctr, 80 South 8th StMinneapolis
Phone
N/A
Web
www.sitfunds.com
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SIBAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, SIBAX has been closely correlated with RLBGX. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if SIBAX jumps, then RLBGX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SIBAX
1D Price
Change %
SIBAX100%
+0.70%
RLBGX - SIBAX
89%
Closely correlated
+0.64%
RLBAX - SIBAX
88%
Closely correlated
+0.67%
RLBFX - SIBAX
88%
Closely correlated
+0.64%
BALCX - SIBAX
86%
Closely correlated
+0.64%
CLBFX - SIBAX
86%
Closely correlated
+0.64%
More