Salient Select Income Fund Price on October 26, 2024
| KIFCX Fund | USD 18.78 0.06 0.32% |
Below is the normalized historical share price chart for Salient Select Income extending back to April 17, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Salient Select stands at 18.78, as last reported on the 24th of November, with the highest price reaching 18.78 and the lowest price hitting 18.78 during the day.
If you're considering investing in Salient Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Salient Mutual Fund to be very steady. Salient Select Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Salient Select Income, which you can use to evaluate the volatility of the fund. Please validate Salient Select's Coefficient Of Variation of 511.43, risk adjusted performance of 0.1405, and Semi Deviation of 0.2675 to confirm if the risk estimate we provide is consistent with the expected return of 0.0643%.
Salient Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Salient |
Sharpe Ratio = 0.1672
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Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Salient Select is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Salient Select by adding it to a well-diversified portfolio.
Salient Select Valuation on October 26, 2024
It is possible to determine the worth of Salient Select on a given historical date. On October 26, 2024 Salient was worth 18.93 at the beginning of the trading date compared to the closed value of 18.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salient Select mutual fund. Still, in general, we apply an absolute valuation method to find Salient Select's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Salient Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salient Select's related companies.
| Open | High | Low | Close | Volume | |
| 19.01 | 19.01 | 19.01 | 19.01 | 1.00 | |
10/25/2024 | 18.93 | 18.93 | 18.93 | 18.93 | 1.00 |
| 18.98 | 18.98 | 18.98 | 18.98 | 1.00 |
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Salient Select Trading Date Momentum on October 26, 2024
| On October 28 2024 Salient Select Income was traded for 18.98 at the closing time. The highest daily price throughout the period was 18.98 and the lowest price was 18.98 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.26% . The trading price change to current closing price is 0.53% . |
Salient Select Income Fundamentals Correlations and Trends
By evaluating Salient Select's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Salient Select's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salient financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salient Select Mutual Fund history
Salient Select investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Salient is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salient Select Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Salient Select stock prices may prove useful in developing a viable investing in Salient Select
Under normal conditions, the fund invests at least 80 percent of its net assets plus borrowings for investment purposes, if any, in income-producing securities of companies in the real estate industry. It invests primarily in securities of companies in the real estate industry, such as real estate investment trusts , master limited partnerships and other real estate firms.
Salient Select Mutual Fund Technical Analysis
Salient Select technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Salient Select Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Salient Select Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Salient Select November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Salient Select mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salient Select shares will generate the highest return on investment. By undertsting and applying Salient Select mutual fund market strength indicators, traders can identify Salient Select Income entry and exit signals to maximize returns
Salient Select Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salient Select's price direction in advance. Along with the technical and fundamental analysis of Salient Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salient to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1405 | |||
| Jensen Alpha | 0.0433 | |||
| Total Risk Alpha | 0.005 | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.3422 |
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Other Information on Investing in Salient Mutual Fund
Salient Select financial ratios help investors to determine whether Salient 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 Salient with respect to the benefits of owning Salient Select security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
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