Saba Capital Income Etf Performance
| SABA Etf | 8.89 0.09 1.00% |
The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Saba Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saba Capital is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Saba Capital Income are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent fundamental drivers, Saba Capital may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Saba Capital Management sells shares worth 866,986 | 09/26/2024 |
2 | Disposition of 19532 shares by Saba Capital Management, L.p. of Saba Capital at 8.5 subject to Rule 16b-3 | 10/02/2024 |
3 | Saba Capital Income Opportunities Fund II to Issue Monthly Dividend of 0.06 on October 31st | 10/07/2024 |
4 | Disposition of 4881 shares by Saba Capital Management, L.p. of Saba Capital at 8.6 subject to Rule 16b-3 | 10/16/2024 |
5 | Disposition of 46728 shares by Saba Capital Management, L.p. of Saba Capital at 8.52 subject to Rule 16b-3 | 10/18/2024 |
6 | Saba capital sells 278,746 in common stock of Opportunities Fund II | 10/22/2024 |
7 | SABA Announces 0.058 Dividend | 11/01/2024 |
8 | Insider Trading | 11/15/2024 |
9 | Acquisition by Russell William of 10000 shares of Saba Capital subject to Rule 16b-3 | 11/22/2024 |
10 | The Most Ruggedly Beautiful Island Youve Never Heard Of | 12/12/2024 |
Saba |
Saba Capital Relative Risk vs. Return Landscape
If you would invest 826.00 in Saba Capital Income on September 22, 2024 and sell it today you would earn a total of 63.00 from holding Saba Capital Income or generate 7.63% return on investment over 90 days. Saba Capital Income is currently generating 0.1177% in daily expected returns and assumes 0.748% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Saba, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 = 0.1573
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | SABA | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Saba Capital is performing at about 12% 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 Asset | -0.07 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 248.61 M | |||
| Shares Outstanding | 28.21 M | |||
| Price To Earning | 145.00 X | |||
| Price To Book | 6.79 X | |||
| Price To Sales | 2.01 X | |||
| Revenue | 116.66 M | |||
| Cash And Equivalents | 26.38 M | |||
| Cash Per Share | 0.51 X | |||
| Total Debt | 1.22 M | |||
| Debt To Equity | 0.03 % | |||
| Cash Flow From Operations | 3.96 M | |||
| Earnings Per Share | (0.54) X | |||
| Total Asset | 113.58 M | |||
| Retained Earnings | (213.07 M) | |||
| Current Asset | 57.03 M | |||
| Current Liabilities | 62.96 M |
About Saba Capital Performance
By analyzing Saba Capital's fundamental ratios, stakeholders can gain valuable insights into Saba Capital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
Saba Capital Income Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P. Morgan Global Government Bond Index. Saba Capital Income Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.| Saba Capital Income was previously known as Templeton Global Income and was traded on New York Stock Exchange under the symbol GIM. | |
| Saba Capital Income currently holds 1.22 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Saba Capital Income has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Saba Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Saba Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Saba Capital Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Saba to invest in growth at high rates of return. When we think about Saba Capital's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 116.66 M. Net Loss for the year was (7.26 M) with profit before overhead, payroll, taxes, and interest of 73.64 M. | |
| About 39.0% of Saba Capital outstanding shares are owned by corporate insiders | |
| Latest headline from forbes.com: The Most Ruggedly Beautiful Island Youve Never Heard Of |
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.