Salient Adaptive Competition

ACSIX Fund

USD 11.47 0.02 0.17%

Salient Adaptive Equity competes with Pgim Jennison, Adams Diversified, Delaware Limited, Jhancock Diversified, and Huber Capital; as well as few others. The fund is listed under High Yield Bond category and is part of Arena Capital family. Analyzing Salient Adaptive competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Salient Adaptive to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Salient Adaptive Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Salient Adaptive competition on your existing holdings.

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
11.28	11.47	11.66

Details

Intrinsic

Valuation

Low	Real	High
10.33	10.52	12.62

Details

Salient Adaptive Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Salient Adaptive and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Salient and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Salient Adaptive Equity does not affect the price movement of the other competitor.

	TBDQX	ADX	DTICX	JDJRX	HUDEX	FZABX	DSCPX
TBDQX		0.93	-0.2	-0.06	0.91	-0.39	0.88	TBDQX
ADX	0.93		-0.38	-0.3	0.87	-0.55	0.93	ADX
DTICX	-0.2	-0.38		0.62	-0.22	0.61	-0.19	DTICX
JDJRX	-0.06	-0.3	0.62		-0.05	0.5	-0.21	JDJRX
HUDEX	0.91	0.87	-0.22	-0.05		-0.37	0.85	HUDEX
FZABX	-0.39	-0.55	0.61	0.5	-0.37		-0.5	FZABX
DSCPX	0.88	0.93	-0.19	-0.21	0.85	-0.5		DSCPX
	TBDQX	ADX	DTICX	JDJRX	HUDEX	FZABX	DSCPX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

High positive correlations

ADX	+ 0.93	TBDQX
DSCPX	+ 0.93	ADX
HUDEX	+ 0.91	TBDQX
DSCPX	+ 0.88	TBDQX
HUDEX	+ 0.87	ADX
DSCPX	+ 0.85	HUDEX

High negative correlations

FZABX	- 0.55	ADX
DSCPX	- 0.5	FZABX
FZABX	- 0.39	TBDQX
DTICX	- 0.38	ADX
FZABX	- 0.37	HUDEX
JDJRX	- 0.3	ADX

Risk-Adjusted Indicators

There is a big difference between Salient Mutual Fund performing well and Salient Adaptive Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Salient Adaptive's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TBDQX	0.68	0.08	0.05	0.20	0.78	(0.67)	1.67	(1.47)	5.04
ADX	0.57	0.02	(0.01)	0.13	0.59	(0.62)	1.29	(1.10)	3.44
DTICX	0.06	(0.01)	0.00	(0.46)	0.00	0.00	0.13	(0.13)	0.51
JDJRX	0.44	0.03	(0.11)	(0.30)	0.50	(0.47)	1.00	(0.88)	2.54
HUDEX	0.60	0.11	0.05	0.83	0.46	(0.69)	1.58	(0.91)	5.46
FZABX	0.74	(0.17)	0.00	(0.21)	0.00	0.00	1.18	(1.27)	4.32
DSCPX	0.77	0.04	0.08	0.13	0.55	(0.98)	1.74	(1.29)	6.20

Unable to evaluate fundamental data of [TBDQX, ADX, DTICX, JDJRX, HUDEX, FZABX, DSCPX] at this time. Please try again later

All Fundamental Data

Salient Adaptive Competitive Analysis

The better you understand Salient Adaptive competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Salient Adaptive's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Salient Adaptive's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	ACSIX	TBDQX	ADX	DTICX	JDJRX	HUDEX	FZABX	DSCPX
	0.17 11.47 Salient	0.54 22.23 Pgim	0.34 20.49 Adams	0.13 7.87 Delaware	0.44 9.14 Jhancock	0.56 24.99 Huber	6.20 26.19 Fidelity	0.48 18.62 Davenport
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Solid	Good	OK	Very Weak	Weak	OK	Very Weak	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Buy	Strong Hold	Cautious Hold	Sell	Strong Hold	Strong Hold	Buy
Net Asset	5.3 M	208.96 M	N/A	403.27 M	215.57 M	5.02 M	2.09 B	161.63 M
Minimum Initial Investment	2.5 K	N/A	N/A	N/A	N/A	N/A	N/A	5 K
Price To Book	2.40 X	N/A	0.77 X	N/A	N/A	1.39 X	2.30 X	N/A
Five Year Return	(1.44) %	19.31 %	15.05 %	0.92 %	2.40 %	10.99 %	7.24 %	12.17 %
One Year Return	12.66 %	43.73 %	32.70 %	4.94 %	0.17 %	32.47 %	18.28 %	18.28 %
Last Dividend Paid	N/A	N/A	0.2	0.01	0.2	0.27	0.04	N/A
Price To Earning	18.56 X	N/A	4.93 X	N/A	N/A	14.06 X	17.28 X	N/A
Beta	N/A	N/A	0.96	N/A	N/A	N/A	N/A	N/A
Price To Sales	1.64 X	N/A	50.73 X	N/A	N/A	1.19 X	1.60 X	N/A
Cash Position Weight	4.44 %	0.60 %	N/A	1.25 %	56.27 %	1.46 %	2.52 %	5.52 %
Equity Positions Weight	95.56 %	99.40 %	N/A	N/A	35.24 %	98.54 %	97.02 %	94.48 %
Three Year Return	22.06 %	10.92 %	10.64 %	0.92 %	5.61 %	12.19 %	1.27 %	5.51 %
Annual Yield	0.08 %	N/A	0 %	0 %	0.01 %	0.01 %	0.01 %	0.01 %
Year To Date Return	9.85 %	35.87 %	26.63 %	3.92 %	2.60 %	27.21 %	12.64 %	10.09 %
Bond Positions Weight	N/A	N/A	N/A	17.18 %	(92.27) %	N/A	N/A	N/A
Ten Year Return	5.82 %	13.74 %	N/A	0.90 %	N/A	N/A	7.74 %	N/A
Day Typical Price	11.47	22.23	20.56	7.87	9.14	24.99	26.19	18.62
Accumulation Distribution	N/A	N/A	5529.48	N/A	N/A	N/A	N/A	N/A
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	(0.19)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Period Momentum Indicator	(0.02)	0.12	(0.07)	(0.01)	(0.04)	(0.14)	(1.73)	(0.09)
Rate Of Daily Change	1.0	1.01	1.0	1.0	1.0	0.99	0.94	1.0
Day Median Price	11.47	22.23	20.6	7.87	9.14	24.99	26.19	18.62
Price Action Indicator	(0.01)	0.06	(0.15)	(0.01)	(0.02)	(0.07)	(0.87)	(0.04)
Coefficient Of Variation	374.37	587.12	762.76	(5,519)	1740.59	614.26	(1,026)	654.71
Mean Deviation	0.133	0.682	0.5676	0.0645	0.4372	0.6022	0.7383	0.7715
Jensen Alpha	0.0354	0.0826	0.0246	(0.01)	0.0281	0.1122	(0.17)	0.0441
Total Risk Alpha	0.0167	0.0339	(0.01)	(0.02)	(0.05)	0.0221	(0.26)	0.0203
Sortino Ratio	(0.21)	0.054	(0.01)	N/A	(0.11)	0.0544	N/A	0.0806
Downside Variance	0.059	1.33	0.4939	N/A	0.3972	0.4312	N/A	0.5964
Standard Deviation	0.1867	0.9541	0.7297	0.1033	0.5506	0.8343	1.11	1.06
Kurtosis	3.5	1.07	0.5109	2.17	(0.41)	4.1	13.47	4.81
Potential Upside	0.2705	1.67	1.29	0.1274	1.0	1.58	1.18	1.74
Treynor Ratio	0.8054	0.1967	0.1265	(0.46)	(0.30)	0.8294	(0.21)	0.1268
Maximum Drawdown	0.8894	5.04	3.44	0.5067	2.54	5.46	4.32	6.2
Variance	0.0349	0.9103	0.5325	0.0107	0.3032	0.696	1.23	1.13
Market Risk Adjusted Performance	0.8154	0.2067	0.1365	(0.45)	(0.29)	0.8394	(0.20)	0.1368
Risk Adjusted Performance	0.1648	0.1259	0.0951	(0.07)	0.0385	0.1193	(0.07)	0.1139
Skewness	(0.59)	(0.31)	0.3785	(0.31)	0.0023	1.19	(2.35)	1.5
Semi Deviation	0.0	0.7771	0.5864	N/A	0.5028	0.4565	N/A	0.5525
Information Ratio	(0.27)	0.0654	(0.01)	(0.99)	(0.12)	0.0428	(0.19)	0.0586
Value At Risk	(0.17)	(1.47)	(1.10)	(0.13)	(0.88)	(0.91)	(1.27)	(1.29)
Expected Short fall	(0.18)	(0.67)	(0.62)	N/A	(0.47)	(0.69)	N/A	(0.98)
Downside Deviation	0.2429	1.16	0.7028	N/A	0.6302	0.6567	N/A	0.7723
Semi Variance	(0.02)	0.6039	0.3438	N/A	0.2528	0.2084	N/A	0.3053

Salient Adaptive Competition Performance Charts

Five steps to successful analysis of Salient Adaptive Competition

Salient Adaptive's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Salient Adaptive Equity in relation to its competition. Salient Adaptive's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Salient Adaptive in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Salient Adaptive's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Salient Adaptive Equity, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Salient Adaptive position

In addition to having Salient Adaptive 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 Trump Equities Thematic Idea Now

Trump Equities

Stocks that have significantly increased in valuation since Trump was elected president of the United States. The Trump Equities theme has 42 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 Trump Equities Theme or any other thematic opportunities.

View All Next

Launch

Other Information on Investing in Salient Mutual Fund

Salient Adaptive 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 Adaptive security.

	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC