Salient Select One Year Return vs. Price To Earning

KIFCX Fund  USD 18.78  0.06  0.32%   
Based on Salient Select's profitability indicators, Salient Select Income may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Salient Select's ability to earn profits and add value for shareholders.
For Salient Select profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Salient Select to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Salient Select Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Salient Select's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Salient Select Income over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Salient Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salient Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salient Select'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.

Salient Select Income Price To Earning vs. One Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Salient Select's current stock value. Our valuation model uses many indicators to compare Salient Select value to that of its competitors to determine the firm's financial worth.
Salient Select Income is rated third overall fund in one year return among similar funds. It also is rated third overall fund in price to earning among similar funds reporting about  1.59  of Price To Earning per One Year Return. 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 Select's earnings, one of the primary drivers of an investment's value.

Salient Price To Earning vs. One Year Return

One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Salient Select

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
18.01 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Salient Select

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
28.67 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Salient Price To Earning Comparison

Salient Select is rated second overall fund in price to earning among similar funds.

Salient Select Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Salient Select, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Salient Select will eventually generate negative long term returns. The profitability progress is the general direction of Salient Select's change in net profit over the period of time. It can combine multiple indicators of Salient Select, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Salient Select. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Salient Select position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Salient Select's important profitability drivers and their relationship over time.

Use Salient Select in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Salient Select position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Salient Select will appreciate offsetting losses from the drop in the long position's value.

Salient Select Pair Trading

Salient Select Income Pair Trading Analysis

The ability to find closely correlated positions to Salient Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Salient Select when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Salient Select - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Salient Select Income to buy it.
The correlation of Salient Select is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Salient Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Salient Select Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Salient Select can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Salient Select position

In addition to having Salient Select in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Banks Thematic Idea Now

Banks
Banks Theme
Large and small money and credit banks and credit services. The Banks theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
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Other Information on Investing in Salient Mutual Fund

To fully project Salient Select's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Salient Select Income at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Salient Select's income statement, its balance sheet, and the statement of cash flows.
Potential Salient Select investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Salient Select investors may work on each financial statement separately, they are all related. The changes in Salient Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Salient Select's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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