Salient Mlp Net Asset vs. Price to Sales

SMAPX Fund  USD 8.64  0.10  1.17%   
Considering Salient Mlp's profitability and operating efficiency indicators, Salient Mlp Energy may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in May. Profitability indicators assess Salient Mlp's ability to earn profits and add value for shareholders.
For Salient Mlp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Salient Mlp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Salient Mlp Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Salient Mlp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Salient Mlp Energy over time as well as its relative position and ranking within its peers.
  
Check out World Market Map.
Please note, there is a significant difference between Salient Mlp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salient Mlp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salient Mlp'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.

Salient Mlp Energy Price to Sales vs. Net Asset Fundamental Analysis

Salient Price to Sales vs. Net Asset

Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Salient Mlp

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
1.05 B
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

Salient Mlp

 = 
null

Use Salient Mlp in pair-trading

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 Salient Mlp 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 Salient Mlp will appreciate offsetting losses from the drop in the long position's value.

Salient Mlp Pair Trading

Salient Mlp Energy Pair Trading Analysis

The ability to find closely correlated positions to Salient Mlp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Salient Mlp 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 Salient Mlp - 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 Salient Mlp Energy to buy it.
The correlation of Salient Mlp 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 Salient Mlp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Salient Mlp Energy 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 Salient Mlp 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Salient Mlp position

In addition to having Salient Mlp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Drugs Thematic Idea Now

Drugs
Drugs Theme
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Drugs Theme or any other thematic opportunities.
View All  Next Launch
Check out World Market Map.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
To fully project Salient Mlp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Salient Mlp Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Salient Mlp's income statement, its balance sheet, and the statement of cash flows.
Potential Salient Mlp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Salient Mlp investors may work on each financial statement separately, they are all related. The changes in Salient Mlp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Salient Mlp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.