Salient Alternative Beta Fund Manager Performance Evaluation
| SABAX Fund | USD 12.38 0.07 0.57% |
The entity has a beta of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Salient Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Salient Alternative is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Salient Alternative Beta are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Salient Alternative is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 2.3400 |
Salient |
Salient Alternative Relative Risk vs. Return Landscape
If you would invest 1,177 in Salient Alternative Beta on August 25, 2024 and sell it today you would earn a total of 61.00 from holding Salient Alternative Beta or generate 5.18% return on investment over 90 days. Salient Alternative Beta is currently producing 0.0796% returns and takes up 0.6152% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Salient, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Salient Alternative Current Valuation
Fairly Valued
Today
Please note that Salient Alternative's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Salient Alternative Beta has a current Real Value of $12.27 per share. The regular price of the fund is $12.38. We determine the value of Salient Alternative Beta from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Salient Alternative is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Salient Mutual Fund. However, Salient Alternative's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.38 | Real 12.27 | Hype 12.38 | Naive 12.18 |
The intrinsic value of Salient Alternative's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Salient Alternative's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Salient Alternative Beta helps investors to forecast how Salient mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Salient Alternative more accurately as focusing exclusively on Salient Alternative's fundamentals will not take into account other important factors: Salient Alternative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Salient Alternative's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Salient Alternative Beta, and traders can use it to determine the average amount a Salient Alternative'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 = 0.1294
| Best Portfolio | Best Equity | |||
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| Cash | SABAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Salient Alternative is performing at about 10% 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 Fundamentals Growth
Salient Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Salient Alternative, and Salient Alternative 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 Salient Mutual Fund performance.
| Total Asset | 1.01 M | ||||
About Salient Alternative Performance
Evaluating Salient Alternative's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Salient Alternative has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Salient Alternative has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Salient Alternative Beta performance evaluation
Checking the ongoing alerts about Salient Alternative for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Salient Alternative Beta help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 11.59% of its assets in cash |
- Analyzing Salient Alternative's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Salient Alternative's stock is overvalued or undervalued compared to its peers.
- Examining Salient Alternative's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Salient Alternative's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Salient Alternative's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Salient Alternative's mutual fund. These opinions can provide insight into Salient Alternative's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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