ACHFX Mutual Fund Price on June 30, 2022 Breakdown

ACHFX
 Fund
  

USD 8.12  0.00  0.00%   

As of today, the current price of High Income is  8.12 , as last reported on the 27th of September, with the highest price reaching  8.12  and the lowest price hitting  8.12  during the day.
We consider High Income very steady. High Income Fund holds Efficiency (Sharpe) Ratio of 0.0919, which attests that the entity had 0.0919% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for High Income Fund, which you can use to evaluate the future volatility of the entity. Please check out High Income Risk Adjusted Performance of 0.0335, market risk adjusted performance of (3.41), and Downside Deviation of 0.5619 to validate if the risk estimate we provide is consistent with the expected return of 0.0434%.
  

High Income Main Headline on 30th of June 2022

High Income Fund dividend paid on 30th of June 2022

High Income Valuation on June 30, 2022

It is possible to determine the worth of High Income on a given historical date. On June 30, 2022 ACHFX was worth 8.01 at the beginning of the trading date compared to the closed value of 7.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of High Income mutual fund. Still, in general, we apply an absolute valuation method to find High Income'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against High Income's related companies.
 Open High Low Close Volume
  8.06    8.06    8.06    7.92    1.00  
06/30/2022
  8.01    8.01    8.01    7.92    1.00  
  8.03    8.03    8.03    7.94    1.00  
Backtest High Income  |  High Income History  |  High Income Valuation   PreviousNext  
Open Value 8.01
7.92
Closing Value
9.43
Upside

High Income Trading Date Momentum on June 30, 2022

On July 01 2022 High Income Fund was traded for  7.94  at the closing time. The highest daily price throughout the period was 8.03  and the lowest price was  8.03 . There was no trading activity during the period 1.0. Lack of trading volume on 07/01/2022 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.25% . The trading delta at closing time to current closing price is 2.53% .

High Income Fund Fundamentals Correlations and Trends

By evaluating High Income'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 Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ACHFX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About High Income Mutual Fund history

High Income 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 ACHFX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in High Income 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 Income historical stock prices may prove useful in developing a viable investing in High Income
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.

High Income Mutual Fund Technical Analysis

High Income 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 Income technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of High Income 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...

Price Boundaries

High Income Period Price Range

Low
June 30, 2022
High

 8.01 

  

 7.92 

-0.09-1.12%

High Income September 27, 2022 Market Strength

Market strength indicators help investors to evaluate how High Income 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 Income shares will generate the highest return on investment. By undertsting and applying High Income mutual fund market strength indicators, traders can identify High Income Fund entry and exit signals to maximize returns

High Income Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ACHFX stock's direction in advance. Along with the technical and fundamental analysis of ACHFX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of ACHFX 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 stock 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.
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
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.