High Yield Fund R6 Fund Technical Analysis

AHYDX Fund  USD 5.03  0.01  0.20%   
As of the 28th of March, High Yield retains the Risk Adjusted Performance of 0.0304, downside deviation of 0.3391, and Market Risk Adjusted Performance of 0.0487. High Yield technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for High-yield Fund R6, which can be compared to its competitors. Please check out High-yield Fund R6 mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if High Yield is priced fairly, providing market reflects its last-minute price of 5.03 per share.

High Yield Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as High, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to High
  
High Yield's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of High Yield technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of High Yield trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

High-yield Fund R6 Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of High-yield Fund R6 volatility. High ATR values indicate high volatility, and low values indicate low volatility.

High-yield Fund R6 Trend Analysis

Use this graph to draw trend lines for High Yield Fund R6. You can use it to identify possible trend reversals for High Yield as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual High Yield price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

High Yield Best Fit Change Line

The following chart estimates an ordinary least squares regression model for High Yield Fund R6 applied against its price change over selected period. The best fit line has a slop of    , which means High Yield Fund R6 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted High Yield price change compared to its average price change.

About High Yield Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of High Yield Fund R6 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of High Yield Fund R6 based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on High-yield Fund R6 price pattern first instead of the macroeconomic environment surrounding High-yield Fund R6. By analyzing High Yield's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of High Yield's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to High Yield specific price patterns or momentum indicators. Please read more on our technical analysis page.

High Yield March 28, 2024 Technical Indicators

Most technical analysis of High help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for High from various momentum indicators to cycle indicators. When you analyze High charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

High-yield Fund R6 One Year Return

Based on the recorded statements, High Yield Fund R6 has an One Year Return of 9.9047%. This is 2776.95% lower than that of the American Century Investments family and significantly higher than that of the High Yield Bond category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in High Yield Fund R6. 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 unemployment.
Note that the High-yield Fund R6 information on this page should be used as a complementary analysis to other High Yield's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for High Mutual Fund analysis

When running High Yield's price analysis, check to measure High Yield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy High Yield is operating at the current time. Most of High Yield's value examination focuses on studying past and present price action to predict the probability of High Yield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Yield's price. Additionally, you may evaluate how the addition of High Yield to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between High Yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Yield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.