Saba Closed End Funds Etf Price History

CEFS Etf  USD 19.63  0.17  0.87%   
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 19.63, as last reported on the 19th of April, with the highest price reaching 19.84 and the lowest price hitting 19.47 during the day.
3 y Volatility
15.37
200 Day MA
18.7273
1 y Volatility
16.36
50 Day MA
19.9577
Inception Date
2017-03-20
 
Covid
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 0.14, which indicates the etf had a 0.14% 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 Coefficient Of Variation of 700.93, semi deviation of 0.5541, and Risk Adjusted Performance of 0.0886 to confirm if the risk estimate we provide is consistent with the expected return of 0.0911%.
  
Saba Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1407

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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

 0.14
  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

Saba Closed Etf Price History Chart

There are several ways to analyze Saba Closed End Funds Etf price data. The simplest method is using a basic Saba candlestick price chart, which shows Saba Closed price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 28, 202420.67
Lowest PriceJanuary 24, 202418.75

Saba Closed April 19, 2024 Etf Price Synopsis

Various analyses of Saba Closed's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Saba Etf. It can be used to describe the percentage change in the price of Saba Closed from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Saba Etf.
Saba Closed Price Rate Of Daily Change 1.01 
Saba Closed Price Daily Balance Of Power 0.46 
Saba Closed Price Action Indicator 0.06 

Saba Closed April 19, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in Saba Closed End Funds Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Saba Closed intraday prices and daily technical indicators to check the level of noise trading in Saba Closed End Funds Etf and then apply it to test your longer-term investment strategies against Saba.

Saba Etf Price History Data

The price series of Saba Closed for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 has a statistical range of 2.27 with a coefficient of variation of 3.03. The prices are distributed with arithmetic mean of 19.59. The median price for the last 90 days is 19.63. The company issued dividends on 20th of May 2020.
OpenHighLowCloseVolume
04/19/2024
 19.65  19.84  19.47  19.63 
04/18/2024 19.65  19.84  19.47  19.63  56,031 
04/17/2024 19.48  19.71  19.46  19.46  38,739 
04/16/2024 19.67  19.72  19.43  19.54  87,502 
04/15/2024 19.99  20.11  19.67  19.68  36,035 
04/12/2024 20.08  20.24  19.91  19.94  44,616 
04/11/2024 20.21  20.27  20.01  20.24  40,537 
04/10/2024 20.40  20.40  20.19  20.26  137,263 
04/09/2024 20.45  20.50  20.34  20.38  27,727 
04/08/2024 20.45  20.50  20.34  20.46  44,841 
04/05/2024 20.23  20.47  20.21  20.40  42,559 
04/04/2024 20.60  20.60  20.20  20.25  50,431 
04/03/2024 20.46  20.55  20.24  20.41  53,797 
04/02/2024 20.49  20.49  20.25  20.33  45,710 
04/01/2024 20.66  20.67  20.44  20.50  46,815 
03/28/2024 20.51  20.67  20.45  20.67  26,508 
03/27/2024 20.43  20.48  20.22  20.39  44,808 
03/26/2024 20.41  20.44  20.23  20.41  22,115 
03/25/2024 20.45  20.45  20.16  20.41  27,867 
03/22/2024 20.36  20.48  20.30  20.33  16,400 
03/21/2024 20.02  20.40  20.01  20.23  26,000 
03/20/2024 20.08  20.17  19.98  20.03  26,500 
03/19/2024 19.99  20.08  19.93  19.93  41,713 
03/18/2024 20.10  20.10  19.91  19.91  68,579 
03/15/2024 19.93  20.06  19.79  19.79  47,711 
03/14/2024 20.29  20.29  19.84  19.84  41,475 
03/13/2024 20.17  20.21  20.03  20.03  39,916 
03/12/2024 20.10  20.17  19.93  19.93  19,733 
03/11/2024 20.05  20.08  19.93  19.93  42,453 
03/08/2024 20.05  20.13  19.80  19.80  45,259 
03/07/2024 20.02  20.06  19.86  19.86  49,274 
03/06/2024 19.77  19.99  19.70  19.71  49,136 
03/05/2024 19.97  20.00  19.57  19.57  56,973 
03/04/2024 19.81  19.92  19.71  19.71  47,989 
03/01/2024 19.76  19.92  19.64  19.64  52,128 
02/29/2024 19.68  19.82  19.57  19.57  23,801 
02/28/2024 19.65  19.91  19.49  19.49  41,678 
02/27/2024 19.62  19.88  19.55  19.55  69,407 
02/26/2024 19.95  20.00  19.52  19.52  180,495 
02/23/2024 19.97  20.16  19.72  19.72  32,437 
02/22/2024 19.78  20.04  19.68  19.68  34,995 
02/21/2024 19.62  19.79  19.48  19.48  30,359 
02/20/2024 19.77  19.78  19.42  19.42  87,248 
02/16/2024 19.60  19.76  19.43  19.43  18,357 
02/15/2024 19.55  19.72  19.37  19.37  34,433 
02/14/2024 19.57  19.63  19.19  19.19  62,729 
02/13/2024 19.87  19.87  19.14  19.14  63,881 
02/12/2024 19.59  19.78  19.27  19.27  44,006 
02/09/2024 19.65  19.65  19.29  19.29  30,167 
02/08/2024 19.36  19.55  19.28  19.28  52,502 
02/07/2024 19.29  19.51  19.22  19.22  36,052 
02/06/2024 19.21  19.30  19.01  19.01  60,887 
02/05/2024 19.27  19.27  18.95  18.95  60,485 
02/02/2024 19.40  19.40  19.00  19.00  117,096 
02/01/2024 19.08  19.36  19.08  19.09  43,931 
01/31/2024 19.27  19.35  18.86  18.86  98,932 
01/30/2024 19.28  19.40  19.07  19.07  32,879 
01/29/2024 19.35  19.39  19.11  19.11  59,801 
01/26/2024 19.18  19.31  19.04  19.04  55,348 
01/25/2024 19.07  19.17  18.91  18.91  41,771 
01/24/2024 18.97  19.09  18.75  18.75  43,801 

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.
A focus of Saba Closed technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Saba Closed trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.
When determining whether Saba Closed End is a strong investment it is important to analyze Saba Closed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Saba Closed's future performance. For an informed investment choice regarding Saba Etf, refer to the following important reports:
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.