Financial Services Financials
| SFPIX Fund | USD 10.55 0.08 0.76% |
Financial |
Please note that past performance is not an indicator of the future performance of Financial Services, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Financial Services Fund Summary
Financial Services competes with Salient Alternative, Aggressive Balanced, Salient Alternative, Moderately Aggressive, and Salient Mlp. The fund will normally invest at least 80 percent of its total assets in U.S. and foreign equity securities issued by financial services companies, regardless of their stock market value . Equity securities include common stocks, securities convertible into common stocks, preferred stocks and warrants. Up to 20 percent of the Portfolios total assets may be invested in U.S. and foreign securities outside of financial companies.Specialization | Financial, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Saratoga Advantage Trust |
| Mutual Fund Family | Saratoga |
| Mutual Fund Category | Financial |
| Benchmark | NYSE Composite |
| Phone | 800 807 3863 |
| Currency | USD - US Dollar |
Financial Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Financial Services's current stock value. Our valuation model uses many indicators to compare Financial Services value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Financial Services competition to find correlations between indicators driving Financial Services's intrinsic value. More Info.Financial Services Portfolio is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Financial Services Portfolio is roughly 10.90 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Financial Services by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Financial Services' Mutual Fund. 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 Financial Services' earnings, one of the primary drivers of an investment's value.Financial Services Systematic Risk
Financial Services' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Financial Services 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 Financial Services correlated with the market. If Beta is less than 0 Financial Services generally moves in the opposite direction as compared to the market. If Financial Services Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Financial Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Financial Services is generally in the same direction as the market. If Beta > 1 Financial Services moves generally in the same direction as, but more than the movement of the benchmark.
Financial Services April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Financial Services help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Financial Services Portfolio. We use our internally-developed statistical techniques to arrive at the intrinsic value of Financial Services Portfolio based on widely used predictive technical indicators. In general, we focus on analyzing Financial Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Financial Services's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8129 | |||
| Information Ratio | 0.056 | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.31 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Financial Services Portfolio. 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 gross domestic product. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.