Saba Closed Financials
CEFS Etf | USD 20.67 0.28 1.37% |
Net Expense Ratio 0.0242 | 3 y Sharp Ratio 0.53 |
With this module, you can analyze Saba financials for your investing period. You should be able to track the changes in Saba Closed individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Saba |
Understanding current and past Saba Closed Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Saba Closed's financial statements are interrelated, with each one affecting the others. For example, an increase in Saba Closed's assets may result in an increase in income on the income statement.
Evaluating Saba Closed's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Saba Closed's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Saba Closed's relative financial performance
Chance Of Distress
Less than 9
100 | Zero |
Low
Saba Closed End Funds has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Saba Closed etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
More InfoThe data published in Saba Closed's official financial statements usually reflect Saba Closed's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Saba Closed-End Funds. For example, before you start analyzing numbers published by Saba accountants, it's critical to develop an understanding of what Saba Closed's liquidity, profitability, and earnings quality are in the context of the SABA ETF space in which it operates.
Please note, the presentation of Saba Closed's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Saba Closed's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Saba Closed's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Saba Closed End Funds. Please utilize our Beneish M Score to check the likelihood of Saba Closed's management manipulating its earnings.
Saba Closed Company Summary
Saba Closed competes with First Trust, Collaborative Investment, Aptus Defined, Discipline Fund, and Mohr Growth. 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.Instrument | USA Etf View All |
Exchange | BATS Exchange |
ISIN | US30151E8066 |
CUSIP | 30151E806 |
Region | Global |
Investment Issuer | Exchange Traded Concepts |
Etf Family | SABA ETF |
Fund Category | Asset Allocation |
Portfolio Concentration | Target Outcome |
Benchmark | NYSE Composite |
Phone | NA |
Currency | USD - US Dollar |
You should never invest in Saba Closed without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Saba Etf, because this is throwing your money away. Analyzing the key information contained in Saba Closed's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Saba Closed Key Financial Ratios
Generally speaking, Saba Closed's financial ratios allow both analysts and investors to convert raw data from Saba Closed's financial statements into concise, actionable information that can be used to evaluate the performance of Saba Closed over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Saba Closed-End Funds reports annually and quarterly.Saba Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Saba Closed's current stock value. Our valuation model uses many indicators to compare Saba Closed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Saba Closed competition to find correlations between indicators driving Saba Closed's intrinsic value. More Info.Saba Closed End Funds is the top ETF in three year return as compared to similar ETFs. It is the top ETF in beta as compared to similar ETFs totaling about 0.11 of Beta per Three Year Return. The ratio of Three Year Return to Beta for Saba Closed End Funds is roughly 9.46 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Saba Closed by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Saba Closed's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Saba Closed's earnings, one of the primary drivers of an investment's value.Saba Closed-End Funds Systematic Risk
Saba Closed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Saba Closed volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Saba Closed-End Funds correlated with the market. If Beta is less than 0 Saba Closed generally moves in the opposite direction as compared to the market. If Saba Closed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Saba Closed-End Funds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Saba Closed is generally in the same direction as the market. If Beta > 1 Saba Closed moves generally in the same direction as, but more than the movement of the benchmark.
About Saba Closed Financials
What exactly are Saba Closed Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Saba Closed's income statement, its balance sheet, and the statement of cash flows. Potential Saba Closed investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Saba Closed investors may use each financial statement separately, they are all related. The changes in Saba Closed's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Saba Closed'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.Steps to analyze Saba Closed Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Saba Closed is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Saba has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Saba Closed's financials are consistent with your investment objective using the following steps:- Review Saba Closed's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Saba Closed's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Saba Closed's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Saba Closed's stock is overvalued or undervalued.
Saba Closed Thematic Clasifications
Saba Closed End Funds is part of several thematic ideas from Asset Allocation ETFs to Target Outcome ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSaba Closed March 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Saba Closed help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Saba Closed End Funds. We use our internally-developed statistical techniques to arrive at the intrinsic value of Saba Closed End Funds based on widely used predictive technical indicators. In general, we focus on analyzing Saba Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Saba Closed's daily price indicators and compare them against related drivers.
Downside Deviation | 0.8083 | |||
Information Ratio | 0.0373 | |||
Maximum Drawdown | 4.04 | |||
Value At Risk | (1.03) | |||
Potential Upside | 1.03 |
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 Funds 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Saba Etf analysis
When running Saba Closed's price analysis, check to measure Saba Closed's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Saba Closed is operating at the current time. Most of Saba Closed's value examination focuses on studying past and present price action to predict the probability of Saba Closed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saba Closed's price. Additionally, you may evaluate how the addition of Saba Closed to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
The market value of Saba Closed-End Funds 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.