Salient Alternative Beta Fund Price on September 13, 2024
| SABCX Fund | USD 12.31 0.07 0.57% |
Below is the normalized historical share price chart for Salient Alternative Beta extending back to December 29, 2017. 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 Alternative stands at 12.31, as last reported on the 27th of November, with the highest price reaching 12.31 and the lowest price hitting 12.31 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 out of control. Salient Alternative Beta owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Salient Alternative Beta, which you can use to evaluate the volatility of the fund. Please validate Salient Alternative's Semi Deviation of 0.5075, coefficient of variation of 770.1, and Risk Adjusted Performance of 0.0969 to confirm if the risk estimate we provide is consistent with the expected return of 0.0963%.
Salient Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Salient |
Sharpe Ratio = 0.1539
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Salient Alternative is performing at about 12% 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 Alternative by adding it to a well-diversified portfolio.
Salient Alternative Valuation on September 13, 2024
It is possible to determine the worth of Salient Alternative on a given historical date. On September 13, 2024 Salient was worth 11.62 at the beginning of the trading date compared to the closed value of 11.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salient Alternative mutual fund. Still, in general, we apply an absolute valuation method to find Salient Alternative'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 Alternative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salient Alternative's related companies.
| Open | High | Low | Close | Volume | |
| 11.52 | 11.52 | 11.52 | 11.52 | 1.00 | |
09/13/2024 | 11.62 | 11.62 | 11.62 | 11.62 | 1.00 |
| 11.67 | 11.67 | 11.67 | 11.67 | 1.00 |
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Salient Alternative Trading Date Momentum on September 13, 2024
| On September 16 2024 Salient Alternative Beta was traded for 11.67 at the closing time. The highest daily price throughout the period was 11.67 and the lowest price was 11.67 . There was no trading activity during the period 1.0. Lack of trading volume on 09/16/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.43% . The trading price change to current closing price is 1.55% . |
Salient Alternative Beta Fundamentals Correlations and Trends
By evaluating Salient Alternative'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 Alternative'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 Alternative Mutual Fund history
Salient Alternative 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 Alternative Beta 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 Alternative stock prices may prove useful in developing a viable investing in Salient Alternative
The Portfolios main investment strategy is to invest in other Saratoga Advantage Trust mutual funds andor unaffiliated registered investment companies and exchange-traded funds . It will invest in equity, fixed income and alternative instruments through its investments in the underlying funds.
Salient Alternative Mutual Fund Technical Analysis
Salient Alternative 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 Alternative Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Salient Alternative Beta 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 Alternative November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Salient Alternative 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 Alternative shares will generate the highest return on investment. By undertsting and applying Salient Alternative mutual fund market strength indicators, traders can identify Salient Alternative Beta entry and exit signals to maximize returns
Salient Alternative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salient Alternative'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 | 0.0969 | |||
| Jensen Alpha | 0.0599 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.8202 |
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Other Information on Investing in Salient Mutual Fund
Salient Alternative 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 Alternative security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |