ACHFX Mutual Fund Financials

ACHFX
 Fund
  

USD 8.12  0.00  0.00%   

You can harness High Income fundamental data analysis to find out if markets are presently mispricing the fund. We were able to analyze and collect data for seven available reported financial drivers for High Income Fund, which can be compared to its competitors. Please utilize High Income net asset to make a decision on whether High Income Fund is priced some-what accurately. Use High Income to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The fund experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of High Income to be traded at $8.04 in 90 days.
  
With this module, you can analyze ACHFX financials for your investing period. You should be able to track the changes in High Income individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past High Income Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of High Income's financial statements are interrelated, with each one affecting the others. For example, an increase in High Income's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
High Income Fund has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for High Income mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in High Income's official financial statements usually reflect High Income's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of High Income Fund. For example, before you start analyzing numbers published by ACHFX accountants, it's critical to develop an understanding of what High Income's liquidity, profitability, and earnings quality are in the context of the American Century Investments space in which it operates.
Please note that past performance is not an indicator of the future performance of High Income, 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. .

High Income Company Summary

High Income competes with Caterpillar. The fund invests primarily in high-yield corporate bonds and other debt instruments with an emphasis on those that are rated below investment-grade. High Income is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business AddressAmerican Century Investment
Mutual Fund FamilyAmerican Century Investments
Mutual Fund CategoryHigh Yield Bond
BenchmarkDOW
Phone800 345 2021
CurrencyUSD - US Dollar

ACHFX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining High Income's current stock value. Our valuation model uses many indicators to compare High Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across High Income competition to find correlations between indicators driving High Income's intrinsic value. More Info.
High Income Fund is the top fund in bond positions weight among similar funds. It is the top fund in cash position weight among similar funds . The ratio of Bond Positions Weight to Cash Position Weight for High Income Fund is about  891.64 . Comparative valuation analysis is a catch-all model that can be used if you cannot value High Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for High Income'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 High Income's earnings, one of the primary drivers of an investment's value.

High Income Market Fundamentals

 Quote8.12
 Change(%) 0.00 
 Change0.00 
 Open8.12
 Low8.12
 High8.12
 Volume0
 ExchangeNASDAQ

About High Income Financials

What exactly are High Income Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include High Income's income statement, its balance sheet, and the statement of cash flows. Potential High Income investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although High Income investors may use each financial statement separately, they are all related. The changes in High Income's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on High Income's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as High Income is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of ACHFX has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
High Income Fund is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 1.66 Billion. High Income totals roughly 828.24 Million in net asset claiming about 50% of all funds under High Yield Bond category.

High Income September 30, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of High Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of High Income Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Income Fund based on widely used predictive technical indicators. In general, we focus on analyzing ACHFX Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High Income's daily price indicators and compare them against related drivers.
Downside Deviation0.5619
Information Ratio0.2082
Maximum Drawdown2.53
Value At Risk(0.63)
Potential Upside0.7407
Please continue to Trending Equities. Note that the High Income Fund information on this page should be used as a complementary analysis to other High Income'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for ACHFX Mutual Fund analysis

When running High Income Fund price analysis, check to measure High Income'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 Income is operating at the current time. Most of High Income's value examination focuses on studying past and present price action to predict the probability of High Income's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move High Income's price. Additionally, you may evaluate how the addition of High Income to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between High Income's value and its price as these two are different measures arrived at by different means. Investors typically determine High Income value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Income'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.