Saba Closed End Funds Etf Price on April 20, 2018
| CEFS Etf | USD 19.94 0.18 0.91% |
Below is the normalized historical share price chart for Saba Closed End Funds extending back to March 21, 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 Saba Closed stands at 19.94, as last reported on the 24th of April, with the highest price reaching 19.99 and the lowest price hitting 19.80 during the day.
If you're considering investing in Saba Etf, it is important to understand the factors that can impact its price. We consider Saba Closed very steady. Saba Closed End owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Saba Closed End Funds, which you can use to evaluate the volatility of the etf. Please validate Saba Closed's Semi Deviation of 0.5286, risk adjusted performance of 0.1186, and Coefficient Of Variation of 528.07 to confirm if the risk estimate we provide is consistent with the expected return of 0.0863%.
Saba Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 15.37 | 200 Day MA 18.7506 | 1 y Volatility 16.36 | 50 Day MA 19.9785 | Inception Date 2017-03-20 |
Saba |
Sharpe Ratio = 0.1324
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Estimated Market Risk
| 0.65 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
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Saba Closed 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 Saba Closed by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 46.8 K |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Saba Closed Etf history
Saba Closed 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 Saba is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saba Closed End 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 Saba Closed stock prices may prove useful in developing a viable investing in Saba Closed
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.
Saba Closed Etf Technical Analysis
Saba Closed technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Saba Closed Period Price Range
Saba Closed April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Saba Closed etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saba Closed shares will generate the highest return on investment. By undertsting and applying Saba Closed etf market strength indicators, traders can identify Saba Closed End Funds entry and exit signals to maximize returns
Saba Closed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saba Closed's price direction in advance. Along with the technical and fundamental analysis of Saba Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saba 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 | 0.1186 | |||
| Jensen Alpha | 0.0469 | |||
| Total Risk Alpha | 0.0244 | |||
| Sortino Ratio | 0.0408 | |||
| Treynor Ratio | 0.145 |
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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 tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Saba Closed End information on this page should be used as a complementary analysis to other Saba Closed's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.