Saba Closed End Funds Etf Market Outlook
| CEFS Etf | USD 22.98 0.17 0.73% |
Slightly above 62% of Saba Closed's investor base is looking to short. The current sentiment regarding investing in Saba Closed End Funds etf implies that many traders are alarmed. Saba Closed's investing sentiment can be driven by a variety of factors including economic data, Saba Closed's earnings reports, geopolitical events, and overall market trends.
Comfort Level 38
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Saba Closed's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Saba Closed End Funds.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Saba Closed End Funds is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Saba Closed End Funds given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Saba Closed End Funds, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Saba Closed Advice
The Saba recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Saba Closed End Funds. Macroaxis does not own or have any residual interests in Saba Closed End Funds or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Saba Closed's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
For the selected time horizon Saba Closed End Funds has a Risk Adjusted Performance of 0.0692, Jensen Alpha of 0.0278, Total Risk Alpha of 0.0036, Sortino Ratio of (0.02) and Treynor Ratio of 0.1396Our trade recommendation module complements current analysts and expert consensus on Saba Closed End. It analyzes the etf potential to grow using all fundamental, technical, and market related data available at the time. Please use Saba Closed End number of employees and five year return to make buy, hold, or sell decision on Saba Closed.
Saba Closed Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Trading Systems Reacting to Volatility - Stock Traders Daily | |
| The fund holds about 28.04% of its assets under management (AUM) in fixed income securities |
Saba Closed Returns Distribution Density
The distribution of Saba Closed's historical returns is an attempt to chart the uncertainty of Saba Closed's future price movements. The chart of the probability distribution of Saba Closed daily returns describes the distribution of returns around its average expected value. We use Saba Closed End Funds price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Saba Closed returns is essential to provide solid investment analysis for Saba Closed.
| Mean Return | 0.06 | Value At Risk | -0.76 | Potential Upside | 0.87 | Standard Deviation | 0.57 |
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 Closed 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 Closed 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 Closed or SABA ETF 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 Closed'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 | 0.03 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | -0.02 |
Saba Closed Volatility Alert
Saba Closed End Funds exhibits very low volatility with skewness of 0.35 and kurtosis of 0.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Saba Closed'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 Closed'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 Closed Fundamentals Vs Peers
Comparing Saba Closed'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 Closed's direct or indirect competition across all of the common fundamentals between Saba Closed and the related equities. This way, we can detect undervalued stocks with similar characteristics as Saba Closed or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Saba Closed's fundamental indicators could also be used in its relative valuation, which is a method of valuing Saba Closed by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Saba Closed to competition |
| Fundamentals | Saba Closed | Peer Average |
| Beta | 1.01 | |
| One Year Return | 12.90 % | (0.97) % |
| Three Year Return | 17.20 % | 3.23 % |
| Five Year Return | 12.80 % | 1.12 % |
| Net Asset | 81.26 M | 2.29 B |
| Last Dividend Paid | 0.14 | 0.14 |
| Equity Positions Weight | 40.19 % | 52.82 % |
| Bond Positions Weight | 28.04 % | 8.16 % |
Saba Closed 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.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 22.98 | |||
| Day Typical Price | 22.98 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.17) |
About Saba Closed Buy or Sell Advice
When is the right time to buy or sell Saba Closed End Funds? 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.
Use Investing Ideas to Build Portfolios
In addition to having Saba Closed 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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Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 45 constituents at this time.
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 Giant Impact Theme or any other thematic opportunities.
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Check out Saba Closed 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. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Investors evaluate Saba Closed End using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Saba Closed's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Saba Closed's market price to deviate significantly from intrinsic value.
It's important to distinguish between Saba Closed's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Saba Closed should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Saba Closed's market price signifies the transaction level at which participants voluntarily complete trades.