Saba Capital Financials
| BRW Etf | USD 7.86 0.10 1.29% |
Saba |
The data published in Saba Capital's official financial statements typically reflect Saba Capital's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Saba Capital's quantitative information. For example, before you start analyzing numbers published by Saba accountants, it's essential to understand Saba Capital's liquidity, profitability, and earnings quality within the context of the Financial Services space in which it operates.
Please note, the imprecision that can be found in Saba Capital's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Saba Capital Income. Check Saba Capital's Beneish M Score to see the likelihood of Saba Capital's management manipulating its earnings.
Saba Capital Etf Summary
Saba Capital competes with Federated Premier, Blackrock Muniyield, Diamond Hill, NXG NextGen, and Federated Investors. Saba Capital Income Opportunities Fund is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. Saba Capital is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US92913A1007 |
| CUSIP | 92913A100 78518H202 78518H103 44977W106 720906106 72146W103 |
| Region | Others |
| Investment Issuer | Others |
| Location | Arizona; U.S.A |
| Business Address | 405 Lexington Avenue |
| Etf Family | Financial Services |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | investments.voya.com/investor/products/closed-end-funds/profile/index.htm?psc=173&p=51&tab=overview |
| Phone | (212) 542 3610 |
| Currency | USD - US Dollar |
Saba Capital Key Financial Ratios
Saba Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Saba Capital's current stock value. Our valuation model uses many indicators to compare Saba Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Saba Capital competition to find correlations between indicators driving Saba Capital's intrinsic value. More Info.Saba Capital Income is rated below average in price to earning as compared to similar ETFs. It is the top ETF in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Saba Capital Income is roughly 10.74 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Saba Capital by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Saba Capital Income Systematic Risk
Saba Capital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Saba Capital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Saba Capital Income correlated with the market. If Beta is less than 0 Saba Capital generally moves in the opposite direction as compared to the market. If Saba Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Saba Capital Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Saba Capital is generally in the same direction as the market. If Beta > 1 Saba Capital moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Saba Capital is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Saba has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Saba Capital's financials are consistent with your investment objective using the following steps:- Review Saba Capital's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Saba Capital's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Saba Capital's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Saba Capital's stock is overvalued or undervalued.
Saba Capital January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Saba Capital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Saba Capital Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Saba Capital Income based on widely used predictive technical indicators. In general, we focus on analyzing Saba Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Saba Capital's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8191 | |||
| Information Ratio | 0.0406 | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.29 |
Other Information on Investing in Saba Etf
Saba Capital financial ratios help investors to determine whether Saba Etf 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 Saba with respect to the benefits of owning Saba Capital security.