Alpine High Financials
| AHYMX Fund | USD 9.05 0.02 0.22% |
Alpine |
Please note that past performance is not an indicator of the future performance of Alpine High, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Alpine High Fund Summary
Alpine High competes with Aberdeen, Aberdeen Emerging, Aberdeen Emerging, Apollo Tactical, and Aberdeen Emerging. Under normal circumstances, the fund invests at least 80 percent of its net assets in municipal obligations that are exempt from federal income tax . It invests at least 50 percent of its assets in municipal bonds rated BBB or lower by SP Global Ratings or Baa or lower by Moodys Investors Service, Inc., at the time of investment, or the equivalent by another independent rating agency or the unrated equivalent as determined by the Adviser.Specialization | High Yield Muni, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US0208286049 |
| Business Address | Aberdeen Funds |
| Mutual Fund Family | Aberdeen |
| Mutual Fund Category | High Yield Muni |
| Benchmark | NYSE Composite |
| Phone | 866 667 9231 |
| Currency | USD - US Dollar |
You should never invest in Alpine High Yield without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Alpine Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Alpine High's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Alpine High Key Financial Ratios
Generally speaking, Alpine High's financial ratios allow both analysts and investors to convert raw data from Alpine High's financial statements into concise, actionable information that can be used to evaluate the performance of Alpine High over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Alpine High Yield reports annually and quarterly.Alpine Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alpine High's current stock value. Our valuation model uses many indicators to compare Alpine High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alpine High competition to find correlations between indicators driving Alpine High's intrinsic value. More Info.Alpine High Yield is the top fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 261.05 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Alpine High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alpine High's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alpine High's earnings, one of the primary drivers of an investment's value.Alpine High Yield Systematic Risk
Alpine High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alpine High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Alpine High Yield correlated with the market. If Beta is less than 0 Alpine High generally moves in the opposite direction as compared to the market. If Alpine High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alpine High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alpine High is generally in the same direction as the market. If Beta > 1 Alpine High moves generally in the same direction as, but more than the movement of the benchmark.
Alpine High Thematic Clasifications
Alpine High Yield is part of Junk Bonds Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds with bonds rated BB or lower. Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues
This theme covers Funds with bonds rated BB or lower. Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. Get More Thematic Ideas
Alpine High Yield is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Muni category is currently estimated at about 11.8 Billion. Alpine High claims roughly 136.28 Million in net asset contributing just under 2% to all funds under High Yield Muni category.| Junk Bonds Funds | View |
Alpine High April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alpine High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alpine High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alpine High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Alpine Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alpine High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2575 | |||
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 1.1 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.2225 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpine High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.