Salient Alternative Beta Fund Quote

SABCX Fund  USD 11.41  0.01  0.09%   

Performance

14 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
Salient Alternative is trading at 11.41 as of the 28th of March 2024; that is 0.09 percent up since the beginning of the trading day. The fund's open price was 11.4. Salient Alternative has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Salient Alternative Beta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The Portfolios main investment strategy is to invest in other Saratoga Advantage Trust mutual funds andor unaffiliated registered investment companies and exchange-traded funds . It will invest in equity, fixed income and alternative instruments through its investments in the underlying funds.. More on Salient Alternative Beta

Moving together with Salient Mutual Fund

  0.66USG USCF Gold Strategy Symbol ChangePairCorr
  1.0SABAX Salient Alternative BetaPairCorr
  1.0SABIX Aggressive BalancedPairCorr
  0.9SSCCX Small CapitalizationPairCorr
  0.91SSCPX Small CapitalizationPairCorr
  0.93SSCYX Small CapitalizationPairCorr

Salient Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Salient Alternative's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Salient Alternative or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationSaratoga Funds, Large Funds, Allocation--70% to 85% Equity Funds, Allocation--70% to 85% Equity, Saratoga (View all Sectors)
Update Date31st of March 2024
Salient Alternative Beta [SABCX] is traded in USA and was established 28th of March 2024. Salient Alternative is listed under Saratoga category by Fama And French industry classification. The fund is listed under Allocation--70% to 85% Equity category and is part of Saratoga family. This fund at this time has accumulated 604.69 K in assets with no minimum investment requirementsSalient Alternative Beta is currently producing year-to-date (YTD) return of 6.37%, while the total return for the last 3 years was 4.68%.
Check Salient Alternative Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Salient Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Salient Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Salient Alternative Beta Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Salient Alternative Beta Mutual Fund Constituents

SCHASchwab US Small CapEtfSmall Blend
AGGIShares Core USEtfIntermediate Core Bond
SLCVXLarge Cap ValueMutual FundLarge Value
VVIAXVanguard Value IndexMutual FundLarge Value
VUSFXVanguard Ultra Short Term BondMutual FundUltrashort Bond
VTIAXVanguard Total InternationalMutual FundForeign Large Blend
VSMAXVanguard Small Cap IndexMutual FundSmall Blend
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Salient Alternative Target Price Odds Analysis

Based on a normal probability distribution, the odds of Salient Alternative jumping above the current price in 90 days from now is under 4%. The Salient Alternative Beta probability density function shows the probability of Salient Alternative mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Salient Alternative has a beta of 0.8544. This usually implies Salient Alternative Beta market returns are sensitive to returns on the market. As the market goes up or down, Salient Alternative is expected to follow. Additionally, salient Alternative Beta has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 11.41HorizonTargetOdds Above 11.41
96.20%90 days
 11.41 
3.71%
Based on a normal probability distribution, the odds of Salient Alternative to move above the current price in 90 days from now is under 4 (This Salient Alternative Beta probability density function shows the probability of Salient Mutual Fund to fall within a particular range of prices over 90 days) .

Salient Alternative Beta Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Salient Alternative market risk premium is the additional return an investor will receive from holding Salient Alternative long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Salient Alternative. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Salient Alternative's alpha and beta are two of the key measurements used to evaluate Salient Alternative's performance over the market, the standard measures of volatility play an important role as well.

Salient Alternative Against Markets

Picking the right benchmark for Salient Alternative mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Salient Alternative mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Salient Alternative is critical whether you are bullish or bearish towards Salient Alternative Beta at a given time. Please also check how Salient Alternative's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Salient Alternative without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Salient Mutual Fund?

Before investing in Salient Alternative, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Salient Alternative. To buy Salient Alternative fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Salient Alternative. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Salient Alternative fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Salient Alternative Beta fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Salient Alternative Beta fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Salient Alternative Beta, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Salient Alternative Beta?

The danger of trading Salient Alternative Beta is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Salient Alternative is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Salient Alternative. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Salient Alternative Beta is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salient Alternative Beta. 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 main economic indicators.
Note that the Salient Alternative Beta information on this page should be used as a complementary analysis to other Salient Alternative'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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Salient Alternative's price analysis, check to measure Salient Alternative'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 Salient Alternative is operating at the current time. Most of Salient Alternative's value examination focuses on studying past and present price action to predict the probability of Salient Alternative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salient Alternative's price. Additionally, you may evaluate how the addition of Salient Alternative to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Salient Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salient Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salient Alternative'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.