ACHFX Mutual Fund Buy Hold or Sell Recommendation

ACHFX
 Fund
  

USD 8.50  0.03  0.35%   

Assuming the 90 days horizon and complete risk avoidance on your part, our recommendation regarding High Income Fund is 'Strong Sell'. Macroaxis provides High Income buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ACHFX positions. The advice algorithm takes into account all of High Income's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from High Income's buy-and-hold perspective. Please continue to High Income Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as ACHFX and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards High Income Fund.

Execute High Income Buy or Sell Advice

The ACHFX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on High Income Fund. Macroaxis does not own or have any residual interests in High Income Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute High Income's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell High IncomeBuy High Income
Strong Sell

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon High Income Fund has a Mean Deviation of 0.4382, Semi Deviation of 0.7121, Standard Deviation of 0.6523, Variance of 0.4255, Downside Variance of 0.8063 and Semi Variance of 0.5071
We provide advice to complement the regular expert consensus on High Income. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Please utilize High Income Fund net asset to make buy, hold, or sell decision on High Income.

High Income Trading Alerts and Improvement Suggestions

High Income Fund is unlikely to experience financial distress in the next 2 years
On 30th of June 2022 High Income paid $ 0.0465 per share dividend to its current shareholders
The fund holds about 98.08% of its assets under management (AUM) in fixed income securities

High Income Returns Distribution Density

The distribution of High Income's historical returns is an attempt to chart the future uncertainty of High Income's future price movements. The chart of the probability distribution of High Income stock daily returns describes the distribution of returns around its average expected value. We use High Income Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of High Income returns is essential to provide solid investment advice for High Income stock.
Mean Return0.05Value At Risk-0.99
Potential Upside0.96Standard Deviation0.65
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of High Income historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

High Income Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to High Income or American Century Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that High Income stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ACHFX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.04556
β
Beta against DOW0.25
σ
Overall volatility
0.65
Ir
Information ratio 0.09

High Income Volatility Alert

High Income Fund has low volatility with Treynor Ratio of 0.17, Maximum Drawdown of 4.07 and kurtosis of 5.85. However, we advice all investors to further analyze High Income Fund to make certain all market information is desiminated and is consistent with the current expectations about High Income upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure High Income's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact High Income's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

High Income Implied Volatility

High Income's implied volatility" href="/stock-options/ACHFX/High-Income-Fund">High Income's implied volatility exposes the market's sentiment of High Income Fund stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if High Income's implied volatility" href="/stock-options/ACHFX/High-Income-Fund">High Income's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that High Income stock will not fluctuate a lot when High Income's options" href="/stock-options/ACHFX/High-Income-Fund">High Income's options are near their expiration.

High Income Fundamentals Vs Peers

Comparing High Income's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze High Income's direct or indirect competition across all of the common fundamentals between High Income and the related equities. This way, we can detect undervalued stocks with similar characteristics as High Income or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of High Income's fundamental indicators could also be used in its relative valuation, which is a method of valuing High Income by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare High Income to competition
FundamentalsHigh IncomePeer Average
Net Asset828.24 M4.11 B
Cash Position Weight0.11 %10.61 %
Equity Positions Weight0.40 %63.90 %
Bond Positions Weight98.08 %11.24 %

About High Income Buy or Sell Advice

When is the right time to buy or sell High Income Fund? Buying financial instruments such as ACHFX Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although High Income investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having High Income in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Money Market Thematic Idea Now

Money Market
Money Market Theme
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Market Theme or any other thematic opportunities.
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Please continue to High Income Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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.