# ACHFX Mutual Fund Statistic Functions BETA

ACHFX | Fund | ## USD 8.17 0.04 0.49% |

Symbol |

The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on High Income Fund correlated with the market. If Beta is less than 0 High Income generally moves in the opposite direction as compared to the market. If High Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one High Income Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of High Income is generally in the same direction as the market. If Beta > 1 High Income moves generally in the same direction as, but more than the movement of the benchmark..

## High Income Technical Analysis Modules

Most technical analysis of High Income 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 ACHFX from various momentum indicators to cycle indicators. When you analyze ACHFX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||

Math Operators | ||

Math Transform | ||

Momentum Indicators | ||

Overlap Studies | ||

Pattern Recognition | ||

Price Transform | ||

Statistic Functions | ||

Volatility Indicators | ||

Volume Indicators |

## About High Income Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical 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, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of High Income's intrinsic value. In addition to deriving basic predictive indicators for High Income, we also check how macroeconomic factors affect High Income price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of High Income's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of High Income in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as High Income. Your research has to be compared to or analyzed against High Income's peers to derive any actionable benefits. When done correctly, High Income's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in High Income Fund.

## Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.## Did you try this?

### Run Options Analysis Now

## Options AnalysisAnalyze and evaluate options and option chains as a potential hedge for your portfolios |

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## High Income Fund pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if High Income position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in High Income will appreciate offsetting losses from the drop in the long position's value.## High Income Pair Trading

### High Income Fund Pair Trading Analysis

The ability to find closely correlated positions to High Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Income when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back High Income - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling High Income Fund to buy it.

The correlation of High Income is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as High Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Income Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for High Income can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

## 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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