Salient Tactical Growth Fund Price on November 15, 2024
FTAGX Fund | USD 25.96 0.08 0.31% |
Below is the normalized historical share price chart for Salient Tactical Growth extending back to March 15, 2010. 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 Salient Tactical stands at 25.96, as last reported on the 13th of December 2024, with the highest price reaching 25.96 and the lowest price hitting 25.96 during the day.
If you're considering investing in Salient Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Salient Mutual Fund to be very steady. Salient Tactical Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Salient Tactical Growth, which you can use to evaluate the volatility of the fund. Please validate Salient Tactical's Coefficient Of Variation of 566.22, semi deviation of 0.1891, and Risk Adjusted Performance of 0.1193 to confirm if the risk estimate we provide is consistent with the expected return of 0.0523%.
Salient Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Salient |
Sharpe Ratio = 0.1359
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Estimated Market Risk
0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Salient Tactical is performing at about 10% 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 Salient Tactical by adding it to a well-diversified portfolio.
Salient Tactical Valuation on November 15, 2024
It is possible to determine the worth of Salient Tactical on a given historical date. On November 15, 2024 Salient was worth 25.44 at the beginning of the trading date compared to the closed value of 25.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salient Tactical mutual fund. Still, in general, we apply an absolute valuation method to find Salient Tactical'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 Salient Tactical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salient Tactical's related companies.
Open | High | Low | Close | Volume | |
25.62 | 25.62 | 25.62 | 25.62 | 1.00 | |
11/15/2024 | 25.44 | 25.44 | 25.44 | 25.44 | 1.00 |
25.53 | 25.53 | 25.53 | 25.53 | 1.00 |
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Salient Tactical Trading Date Momentum on November 15, 2024
On November 18 2024 Salient Tactical Growth was traded for 25.53 at the closing time. The highest daily price throughout the period was 25.53 and the lowest price was 25.53 . There was no trading activity during the period 1.0. Lack of trading volume on 11/18/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.35% . The trading price change to current closing price is 2.12% . |
Salient Tactical Growth Fundamentals Correlations and Trends
By evaluating Salient Tactical'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 Salient Tactical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salient financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salient Tactical Mutual Fund history
Salient Tactical 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 Salient is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salient Tactical Growth 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 Salient Tactical stock prices may prove useful in developing a viable investing in Salient Tactical
The funds investment strategy is designed to evaluate the market to determine whether the market as a whole or a particular sector or industry is undervalued or overvalued. Broadmark Asset Management LLC seeks to identify potential long and short investments that the advisor believes offer the greatest risk-adjusted potential for returns.
Salient Tactical Mutual Fund Technical Analysis
Salient Tactical technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Salient Tactical Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Salient Tactical Growth cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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.
Salient Tactical December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Salient Tactical mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salient Tactical shares will generate the highest return on investment. By undertsting and applying Salient Tactical mutual fund market strength indicators, traders can identify Salient Tactical Growth entry and exit signals to maximize returns
Salient Tactical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salient Tactical's price direction in advance. Along with the technical and fundamental analysis of Salient Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salient 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.
Risk Adjusted Performance | 0.1193 | |||
Jensen Alpha | 0.0104 | |||
Total Risk Alpha | 0.004 | |||
Sortino Ratio | (0.13) | |||
Treynor Ratio | 0.1241 |
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Volume Indicators |
Other Information on Investing in Salient Mutual Fund
Salient Tactical financial ratios help investors to determine whether Salient Mutual Fund 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 Salient with respect to the benefits of owning Salient Tactical security.
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