Salient Tactical Plus Fund Price on December 7, 2024
| SBTAX Fund | USD 11.39 0.01 0.09% |
Below is the normalized historical share price chart for Salient Tactical Plus extending back to December 15, 2014. 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 11.39, as last reported on the 14th of December 2024, with the highest price reaching 11.39 and the lowest price hitting 11.39 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 Plus owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0749, which indicates the fund had a 0.0749% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Salient Tactical Plus, which you can use to evaluate the volatility of the fund. Please validate Salient Tactical's Risk Adjusted Performance of 0.0169, coefficient of variation of 3211.23, and Semi Deviation of 0.4769 to confirm if the risk estimate we provide is consistent with the expected return of 0.0328%.
Salient Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Salient |
Sharpe Ratio = 0.0749
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| Negative Returns | SBTAX |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Salient Tactical is performing at about 5% 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 December 7, 2024
It is possible to determine the worth of Salient Tactical on a given historical date. On December 7, 2024 Salient was worth 11.44 at the beginning of the trading date compared to the closed value of 11.44. 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 | |
| 11.43 | 11.43 | 11.43 | 11.43 | 1.00 | |
12/06/2024 | 11.44 | 11.44 | 11.44 | 11.44 | 1.00 |
| 11.41 | 11.41 | 11.41 | 11.41 | 1.00 |
| Backtest Salient Tactical | | | Salient Tactical History | | | Salient Tactical Valuation | Previous | Next |
Salient Tactical Trading Date Momentum on December 7, 2024
| On December 09 2024 Salient Tactical Plus was traded for 11.41 at the closing time. The highest daily price throughout the period was 11.41 and the lowest price was 11.41 . There was no trading activity during the period 1.0. Lack of trading volume on 12/09/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.26% . The trading price change to current closing price is 0.44% . |
Salient Tactical Plus 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 Plus 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 fund seeks to achieve its investment objective by investing primarily in a diversified portfolio of instruments that provide exposure to U.S. and non-U.S. equity securities. These instruments generally include futures and options on securities, securities indices and shares of exchange-traded funds .
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 14, 2024
| High |
0.00 | 0.00 |
Salient Tactical Plus 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 14, 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 Plus 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 | 0.0169 | |||
| Jensen Alpha | 0.006 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.25) |
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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.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |