Saba Capital Income Etf Performance
| BRW Etf | USD 7.89 0.05 0.64% |
The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Saba Capital are expected to decrease at a much lower rate. During the bear market, Saba Capital is likely to outperform the market.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Saba Capital Income are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Saba Capital may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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| Expense Ratio | 2.3100 |
Saba |
Saba Capital Relative Risk vs. Return Landscape
If you would invest 717.00 in Saba Capital Income on September 4, 2024 and sell it today you would earn a total of 67.00 from holding Saba Capital Income or generate 9.34% return on investment over 90 days. Saba Capital Income is generating 0.1432% of daily returns assuming volatility of 0.5087% on return distribution over 90 days investment horizon. In other words, 4% of etfs are less volatile than Saba, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Saba Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saba Capital's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Saba Capital Income, and traders can use it to determine the average amount a Saba Capital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2814
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Estimated Market Risk
| 0.51 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
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Saba Capital is performing at about 22% 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.
Saba Capital Fundamentals Growth
Saba Etf prices reflect investors' perceptions of the future prospects and financial health of Saba Capital, and Saba Capital fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Saba Etf performance.
| Return On Equity | 7.01 | ||||
| Return On Asset | 1.36 | ||||
| Profit Margin | 86.63 % | ||||
| Operating Margin | 54.74 % | ||||
| Current Valuation | 403.38 M | ||||
| Shares Outstanding | 85.06 M | ||||
| Price To Earning | 17.62 X | ||||
| Price To Book | 1.64 X | ||||
| Price To Sales | 42.66 X | ||||
| Revenue | 16.09 M | ||||
| Cash And Equivalents | 863.17 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 112.5 M | ||||
| Debt To Equity | 0.28 % | ||||
| Book Value Per Share | 4.92 X | ||||
| Cash Flow From Operations | 239.49 M | ||||
| Earnings Per Share | 0.46 X | ||||
About Saba Capital Performance
Evaluating Saba Capital's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Saba Capital has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Saba Capital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.| About 60.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from bizjournals.com: Main Street Ventures awards new grants to 10 Cincinnati businesses |
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.