Salient Tactical Growth Fund Fundamentals
FTGMX Fund | USD 20.97 0.06 0.29% |
Salient Tactical Growth fundamentals help investors to digest information that contributes to Salient Tactical's financial success or failures. It also enables traders to predict the movement of Salient Mutual Fund. The fundamental analysis module provides a way to measure Salient Tactical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Salient Tactical mutual fund.
Salient |
Salient Tactical Growth Mutual Fund Price To Sales Analysis
Salient Tactical's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Salient Tactical Price To Sales | 1.79 X |
Most of Salient Tactical's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Salient Tactical Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, Salient Tactical Growth has a Price To Sales of 1.79 times. This is 179.69% higher than that of the Salient Funds family and significantly higher than that of the Allocation--70% to 85% Equity category. The price to sales for all United States funds is notably lower than that of the firm.
Salient Tactical Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Salient Tactical's current stock value. Our valuation model uses many indicators to compare Salient Tactical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Salient Tactical competition to find correlations between indicators driving Salient Tactical's intrinsic value. More Info.Salient Tactical Growth is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Salient Tactical Growth is roughly 7.26 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Salient Tactical's earnings, one of the primary drivers of an investment's value.Salient Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Salient Tactical's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Salient Tactical could also be used in its relative valuation, which is a method of valuing Salient Tactical by comparing valuation metrics of similar companies.Salient Tactical is currently under evaluation in price to sales among similar funds.
Fund Asset Allocation for Salient Tactical
The fund invests 51.05% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (48.89%) and various exotic instruments (0.06%).Asset allocation divides Salient Tactical's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Salient Fundamentals
Price To Earning | 19.46 X | ||||
Price To Book | 2.68 X | ||||
Price To Sales | 1.79 X | ||||
Total Asset | 382.25 M | ||||
Annual Yield | 0.02 % | ||||
Year To Date Return | 16.50 % | ||||
One Year Return | 23.25 % | ||||
Three Year Return | 4.65 % | ||||
Five Year Return | 9.60 % | ||||
Net Asset | 382.25 M | ||||
Cash Position Weight | 48.89 % | ||||
Equity Positions Weight | 51.05 % |
About Salient Tactical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Salient Tactical Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Salient Tactical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Salient Tactical Growth based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund is a fund of funds meaning that it seeks to achieve its investment goal by investing its assets primarily in other funds, predominantly other Franklin Templeton and Legg Mason mutual funds and ETFs. The investment manager uses the following as a general guide in allocating the funds assets among the broad asset classes 80 percent equity funds and 20 percent fixed-income funds. These percentages may be changed from time to time by the funds investment manager without the approval of shareholders, and may vary up to 10 percent from these percentages of fund assets.
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Salient Tactical 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 Tactical security.
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