Saba Capital Income Etf Buy Hold or Sell Recommendation
| BRW Etf | USD 7.64 0.03 0.39% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Saba Capital Income is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Saba Capital Income given historical horizon and risk tolerance towards Saba Capital. When Macroaxis issues a 'buy' or 'sell' recommendation for Saba Capital Income, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Saba Capital Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Saba and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Saba Capital Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Saba |
Execute Saba Capital Buy or Sell Advice
The Saba recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Saba Capital Income. Macroaxis does not own or have any residual interests in Saba Capital Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Saba Capital's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Saba Capital Trading Alerts and Improvement Suggestions
| About 60.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from apnews.com: Caitlin Clark to join Cincinnati bid for 16th National Womens Soccer League team |
Saba Capital Returns Distribution Density
The distribution of Saba Capital's historical returns is an attempt to chart the uncertainty of Saba Capital's future price movements. The chart of the probability distribution of Saba Capital daily returns describes the distribution of returns around its average expected value. We use Saba Capital Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Saba Capital returns is essential to provide solid investment advice for Saba Capital.
| Mean Return | 0.09 | Value At Risk | -0.82 | Potential Upside | 0.83 | Standard Deviation | 0.53 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Saba Capital historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Saba Capital Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Saba Capital or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Saba Capital's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Saba etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | -0.07 |
Saba Capital Volatility Alert
Saba Capital Income exhibits relatively low volatility with skewness of -0.14 and kurtosis of 3.86. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Saba Capital's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Saba Capital's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Saba Capital Fundamentals Vs Peers
Comparing Saba Capital's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Saba Capital's direct or indirect competition across all of the common fundamentals between Saba Capital and the related equities. This way, we can detect undervalued stocks with similar characteristics as Saba Capital or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Saba Capital's fundamental indicators could also be used in its relative valuation, which is a method of valuing Saba Capital by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Saba Capital to competition |
| Fundamentals | Saba Capital | Peer Average |
| Price To Earning | 17.62 X | 3.15 X |
| Price To Book | 1.64 X | 0.39 X |
| Price To Sales | 42.66 X | 0.33 X |
| Beta | 0.66 | |
| Annual Yield | 0.01 % | 0.28 % |
| Year To Date Return | 9.65 % | (2.35) % |
| One Year Return | 10.47 % | (0.97) % |
| Three Year Return | 6.71 % | 3.23 % |
| Five Year Return | 3.92 % | 1.12 % |
| Last Dividend Paid | 1.01 | 0.14 |
Note: Disposition of 21251 shares by Saba Capital Management, L.p. of Saba Capital at 4.27 subject to Rule 16b-3 [view details]
Saba Capital Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Saba . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Saba Capital Buy or Sell Advice
When is the right time to buy or sell Saba Capital Income? Buying financial instruments such as Saba Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Saba Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Social Domain
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Social Domain Theme or any other thematic opportunities.
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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.