Salient Mlp Energy Fund Price on February 12, 2024
| SMAPX Fund | USD 8.87 0.11 1.22% |
Below is the normalized historical share price chart for Salient Mlp Energy extending back to November 27, 2012. 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 Salient Mlp stands at 8.87, as last reported on the 16th of May 2024, with the highest price reaching 8.87 and the lowest price hitting 8.87 during the day.
If you're considering investing in Salient Mutual Fund, it is important to understand the factors that can impact its price. Salient Mlp appears to be very steady, given 3 months investment horizon. Salient Mlp Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.33, which indicates the fund had a 0.33% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Salient Mlp Energy, which you can use to evaluate the volatility of the fund. Please review Salient Mlp's Coefficient Of Variation of 324.27, semi deviation of 0.3726, and Risk Adjusted Performance of 0.1951 to confirm if our risk estimates are consistent with your expectations.
Salient Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Salient |
Sharpe Ratio = 0.3285
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Salient Mlp is performing at about 25% 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 Mlp by adding it to a well-diversified portfolio.
Salient Mlp Valuation on February 12, 2024
It is possible to determine the worth of Salient Mlp on a given historical date. On February 12, 2024 Salient was worth 7.87 at the beginning of the trading date compared to the closed value of 7.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salient Mlp mutual fund. Still, in general, we apply an absolute valuation method to find Salient Mlp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Salient Mlp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salient Mlp's related companies.
| Open | High | Low | Close | Volume | |
| 7.78 | 7.78 | 7.67 | 7.67 | 1.00 | |
02/12/2024 | 7.87 | 7.87 | 7.76 | 7.76 | 1.00 |
| 7.78 | 7.78 | 7.67 | 7.67 | 1.00 |
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Salient Mlp Trading Date Momentum on February 12, 2024
| On February 13 2024 Salient Mlp Energy was traded for 7.67 at the closing time. The highest daily price throughout the period was 7.78 and the lowest price was 7.67 . There was no trading activity during the period 1.0. Lack of trading volume on 02/13/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.16% . The trading price change to current closing price is 3.87% . |
Salient Mlp Energy Fundamentals Correlations and Trends
By evaluating Salient Mlp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Salient Mlp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salient financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salient Mlp Mutual Fund history
Salient Mlp 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 Salient is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salient Mlp Energy 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 Salient Mlp stock prices may prove useful in developing a viable investing in Salient Mlp
The fund normally seeks to achieve its investment objective by investing at least 80 percent of its net assets in securities of MLPs and Energy Infrastructure Companies. It invests in equity securities such as common units, preferred units, subordinated units, general partner interests, common shares and preferred shares in MLPs and Energy Infrastructure Companies. The fund is non-diversified.
Salient Mlp Mutual Fund Technical Analysis
Salient Mlp technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Salient Mlp Period Price Range
Low | February 12, 2024
| High |
7.87 | 7.76 |
Salient Mlp May 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Salient Mlp mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salient Mlp shares will generate the highest return on investment. By undertsting and applying Salient Mlp mutual fund market strength indicators, traders can identify Salient Mlp Energy entry and exit signals to maximize returns
Salient Mlp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salient Mlp's price direction in advance. Along with the technical and fundamental analysis of Salient Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salient 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 | 0.1951 | |||
| Jensen Alpha | 0.2221 | |||
| Total Risk Alpha | 0.1309 | |||
| Sortino Ratio | 0.1959 | |||
| Treynor Ratio | 1.85 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salient Mlp Energy. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.