Integrity High Income Fund Price on September 10, 2024
IHFAX Fund | USD 7.58 0.01 0.13% |
Below is the normalized historical share price chart for Integrity High Income extending back to May 03, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Integrity High stands at 7.58, as last reported on the 30th of November, with the highest price reaching 7.58 and the lowest price hitting 7.58 during the day.
If you're considering investing in Integrity Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Integrity Mutual Fund to be very steady. Integrity High Income holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Integrity High Income, which you can use to evaluate the volatility of the entity. Please check out Integrity High's Market Risk Adjusted Performance of (1.40), coefficient of variation of 445.33, and Risk Adjusted Performance of 0.1319 to validate if the risk estimate we provide is consistent with the expected return of 0.0318%.
Integrity Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Integrity |
Sharpe Ratio = 0.2145
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Estimated Market Risk
0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Integrity High is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Integrity High by adding it to a well-diversified portfolio.
Integrity High Valuation on September 10, 2024
It is possible to determine the worth of Integrity High on a given historical date. On September 10, 2024 Integrity was worth 7.46 at the beginning of the trading date compared to the closed value of 7.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Integrity High mutual fund. Still, in general, we apply an absolute valuation method to find Integrity High'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 Integrity High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Integrity High's related companies.
Open | High | Low | Close | Volume | |
7.46 | 7.46 | 7.46 | 7.46 | 1.00 | |
09/10/2024 | 7.46 | 7.46 | 7.46 | 7.46 | 1.00 |
7.46 | 7.46 | 7.46 | 7.46 | 1.00 |
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Integrity High Trading Date Momentum on September 10, 2024
On September 11 2024 Integrity High Income was traded for 7.46 at the closing time. The highest daily price throughout the period was 7.46 and the lowest price was 7.46 . There was no trading activity during the period 1.0. Lack of trading volume on 09/11/2024 did not cause price change. The trading delta at closing time to current closing price is 0.94% . |
Integrity High Income Fundamentals Correlations and Trends
By evaluating Integrity High'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 Integrity High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Integrity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Integrity High Mutual Fund history
Integrity High 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 Integrity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Integrity High Income 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 Integrity High stock prices may prove useful in developing a viable investing in Integrity High
The fund invests in a group of low-quality, high-risk, high yield corporate debt obligations. Under normal circumstances, at least 80 percent of the funds net assets will be invested in corporate bonds rated Baa by Moodys Investors Service or BBB by SP Global Ratings or lower. While there are no restrictions on maturity, the funds portfolio generally has an average maturity of less than ten years.
Integrity High Mutual Fund Technical Analysis
Integrity High 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.
Price Boundaries
Integrity High Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Integrity High Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Integrity High November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Integrity High 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 Integrity High shares will generate the highest return on investment. By undertsting and applying Integrity High mutual fund market strength indicators, traders can identify Integrity High Income entry and exit signals to maximize returns
Integrity High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Integrity High's price direction in advance. Along with the technical and fundamental analysis of Integrity Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Integrity 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 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.
Risk Adjusted Performance | 0.1319 | |||
Jensen Alpha | 0.0267 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.59) | |||
Treynor Ratio | (1.41) |
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Other Information on Investing in Integrity Mutual Fund
Integrity High financial ratios help investors to determine whether Integrity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Integrity with respect to the benefits of owning Integrity High security.
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