Monem Salam - Amana Developing Fund Manager
| AMDWX Fund | USD 12.49 0.02 0.16% |
Mr. Monem Salam MBA, is a portfolio manager, investment analyst, and director for Saturna Capital Corporationration. Mr. Salam is the president and executive director of Saturna Sdn. Bhd., Saturna Capital Corporationrations whollyowned Malaysian subsidiary.
| Phone | 888-732-6262 |
Amana Developing Management Performance (%)
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Amana Developing World Leadership Team
Elected by the shareholders, the Amana Developing's board of directors comprises two types of representatives: Amana Developing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Amana. The board's role is to monitor Amana Developing's management team and ensure that shareholders' interests are well served. Amana Developing's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Amana Developing's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Scott Klimo, Fund Manager | ||
| Monem Salam, Fund Manager |
Amana Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Amana Developing a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 21.93 X | |||
| Price To Book | 3.55 X | |||
| Price To Sales | 2.31 X | |||
| Total Asset | 30.41 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 0.96 % | |||
| One Year Return | 8.19 % | |||
| Three Year Return | (1.99) % | |||
| Five Year Return | 5.44 % | |||
| Ten Year Return | (0.24) % |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amana Developing in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amana Developing's short interest history, or implied volatility extrapolated from Amana Developing options trading.
Pair Trading with Amana Developing
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 Amana Developing 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 Amana Developing will appreciate offsetting losses from the drop in the long position's value.Moving together with Amana Mutual Fund
| 0.94 | AMIGX | Amana Growth | PairCorr |
| 1.0 | AMIDX | Amana Developing World | PairCorr |
| 0.96 | AMINX | Amana Me Fund | PairCorr |
| 0.96 | AMANX | Amana Me Fund | PairCorr |
The ability to find closely correlated positions to Amana Developing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amana Developing 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 Amana Developing - 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 Amana Developing World to buy it.
The correlation of Amana Developing 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 Amana Developing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amana Developing World 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 Amana Developing 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amana Developing World. 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 housing. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.