Saba Capital Income Etf Price on December 5, 2024

BRW Etf  USD 7.80  0.07  0.89%   
Below is the normalized historical share price chart for Saba Capital Income extending back to March 09, 1992. 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 Saba Capital stands at 7.80, as last reported on the 13th of December 2024, with the highest price reaching 7.90 and the lowest price hitting 7.80 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Saba Etf, it is important to understand the factors that can impact its price. At this stage we consider Saba Etf to be very steady. Saba Capital Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the etf had a 0.25% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Saba Capital Income, which you can use to evaluate the volatility of the etf. Please validate Saba Capital's Risk Adjusted Performance of 0.1738, semi deviation of 0.2655, and Coefficient Of Variation of 409.67 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Saba Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2532

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Estimated Market Risk

 0.54
  actual daily
4
96% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Saba Capital is performing at about 19% 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 Saba Capital by adding it to a well-diversified portfolio.
Market Capitalization
367.5 M

Saba Capital Main Headline on 5th of December 2024

From left Stephanie Slayback, Douglas Richards and Michael Grage

Saba Capital Valuation on December 5, 2024

It is possible to determine the worth of Saba Capital on a given historical date. On December 5, 2024 Saba was worth 7.82 at the beginning of the trading date compared to the closed value of 7.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saba Capital etf. Still, in general, we apply an absolute valuation method to find Saba Capital'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 Saba Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saba Capital's related companies.
 Open High Low Close Volume
  7.82    7.85    7.78    7.84    228,537  
12/05/2024
  7.82    7.89    7.52    7.88    220,057  
  7.83    7.92    7.83    7.88    189,264  
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Open Value
7.82
7.88
Closing Value
9.45
Upside

Saba Capital Trading Date Momentum on December 5, 2024

On December 06 2024 Saba Capital Income was traded for  7.88  at the closing time. Highest Saba Capital's price during the trading hours was 7.92  and the lowest price during the day was  7.83 . The net volume was 189.3 K. The overall trading history on the 6th of December did not result in any price rise and fall. The trading price change to current price is 0.13% .

Saba Capital Income Fundamentals Correlations and Trends

By evaluating Saba Capital'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 Saba Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Saba financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Saba Capital Etf history

Saba Capital 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 Saba is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saba Capital Income 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 Saba Capital stock prices may prove useful in developing a viable investing in Saba Capital
Saba Capital Income Opportunities Fund is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is managed by Saba Capital Management, L.P. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in floating rate secured senior loans, with an emphasis on top-tier, non-investment grade senior loans. The fund seeks to invest in loans with maturities of one to ten years. It benchmarks the performance of its portfolio against the SPLSTA Leveraged Loan Index. The fund was formerly known as Voya Prime Rate Trust. Saba Capital Income Opportunities Fund was formed on December 2, 1987 and is domiciled in the United States.

Saba Capital Etf Technical Analysis

Saba Capital technical etf 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, etf market cycles, or different charting patterns.
A focus of Saba Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Saba Capital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Saba Capital Period Price Range

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Saba Capital Income cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Saba Capital December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Saba Capital etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saba Capital shares will generate the highest return on investment. By undertsting and applying Saba Capital etf market strength indicators, traders can identify Saba Capital Income entry and exit signals to maximize returns

Saba Capital Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Saba Capital's price direction in advance. Along with the technical and fundamental analysis of Saba Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saba 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.

Other Information on Investing in Saba Etf

Saba Capital financial ratios help investors to determine whether Saba Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Saba with respect to the benefits of owning Saba Capital security.