Saba Closed End Funds Etf Performance
| CEFS Etf | USD 22.46 0.12 0.54% |
The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Saba Closed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saba Closed is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Saba Closed End Funds are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable technical and fundamental indicators, Saba Closed is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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Saba |
Saba Closed Relative Risk vs. Return Landscape
If you would invest 2,122 in Saba Closed End Funds on September 2, 2024 and sell it today you would earn a total of 124.00 from holding Saba Closed End Funds or generate 5.84% return on investment over 90 days. Saba Closed End Funds is currently generating 0.0905% in daily expected returns and assumes 0.5962% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Saba, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Saba Closed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saba Closed's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Saba Closed End Funds, and traders can use it to determine the average amount a Saba Closed's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1518
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Saba Closed is performing at about 11% 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 Saba Closed by adding it to a well-diversified portfolio.
Saba Closed Fundamentals Growth
Saba Etf prices reflect investors' perceptions of the future prospects and financial health of Saba Closed, and Saba Closed fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Saba Etf performance.
| Total Asset | 81.26 M | |||
About Saba Closed Performance
Assessing Saba Closed's fundamental ratios provides investors with valuable insights into Saba Closed's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Saba Closed is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by normally investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds . Exchange Listed is traded on BATS Exchange in the United States.| Latest headline from forbes.com: The Difference Between Good And Bad CEFs | |
| The fund holds about 28.04% of its assets under management (AUM) in fixed income securities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Saba Closed End Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Saba Closed End is measured differently than its book value, which is the value of Saba that is recorded on the company's balance sheet. Investors also form their own opinion of Saba Closed's value that differs from its market value or its book value, called intrinsic value, which is Saba Closed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Saba Closed's market value can be influenced by many factors that don't directly affect Saba Closed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Saba Closed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saba Closed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saba Closed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.