High Yield Fund R5 Fund Price on March 31, 2021
ACYIX Fund | USD 4.93 0.02 0.40% |
Below is the normalized historical share price chart for High Yield Fund R5 extending back to August 02, 2004. 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 High Yield stands at 4.93, as last reported on the 19th of April, with the highest price reaching 4.93 and the lowest price hitting 4.93 during the day.
If you're considering investing in High Mutual Fund, it is important to understand the factors that can impact its price. High Yield Fund holds Efficiency (Sharpe) Ratio of -0.0387, which attests that the entity had a -0.0387% return per unit of risk over the last 3 months. High Yield Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out High Yield's Risk Adjusted Performance of (0.05), market risk adjusted performance of (0.24), and Standard Deviation of 0.2498 to validate the risk estimate we provide.
High Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
High |
Sharpe Ratio = -0.0387
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ACYIX |
Estimated Market Risk
0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average High Yield is not performing at its full potential. However, 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 High Yield by adding High Yield to a well-diversified portfolio.
High Yield Valuation on March 31, 2021
It is possible to determine the worth of High Yield on a given historical date. On March 31, 2021 High was worth 5.42 at the beginning of the trading date compared to the closed value of 4.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of High Yield mutual fund. Still, in general, we apply an absolute valuation method to find High Yield'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 High Yield where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against High Yield's related companies.
Open | High | Low | Close | Volume | |
04/04/2022 | 5.42 | 5.42 | 4.84 | 4.84 | 1.00 |
5.40 | 5.40 | 4.82 | 4.82 | 1.00 |
Backtest High Yield | | | High Yield History | | | High Yield Valuation | Next |
High Yield Trading Date Momentum on March 31, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.High Yield Fund Fundamentals Correlations and Trends
By evaluating High Yield'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 High Yield's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. High financial account trend analysis is a perfect complement when working with valuation or volatility modules.About High Yield Mutual Fund history
High Yield 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 High is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in High Yield Fund 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 High Yield stock prices may prove useful in developing a viable investing in High Yield
The portfolio managers will maintain at least 80 percent of the funds net assets in high-yield corporate bonds and other debt instruments. The remaining assets may be invested in common stocks or other equity-related securities. Up to 40 percent of the funds total assets may be invested in fixed-income obligations of foreign issuers. It may invest up to 20 percent of its assets in short-term money market instruments and U.S. government securities. The fund has no average maturity limitations, but it typically invests in intermediate-term and long-term debt securities.
High Yield Mutual Fund Technical Analysis
High Yield 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
High Yield Period Price Range
Low | April 4, 2022
| High |
5.42 | 4.84 |
High Yield April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how High Yield 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 High Yield shares will generate the highest return on investment. By undertsting and applying High Yield mutual fund market strength indicators, traders can identify High Yield Fund R5 entry and exit signals to maximize returns
High Yield Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for High Yield's price direction in advance. Along with the technical and fundamental analysis of High Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of High 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 | (0.05) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.25) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in High Yield Fund R5. 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 gross domestic product. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.