1290 High Yield Fund Price on September 24, 2024

TNHRX Fund  USD 8.56  0.01  0.12%   
Below is the normalized historical share price chart for 1290 High Yield extending back to November 12, 2014. 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 1290 High stands at 8.56, as last reported on the 24th of November, with the highest price reaching 8.56 and the lowest price hitting 8.56 during the day.
 
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If you're considering investing in 1290 Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider 1290 Mutual Fund to be very steady. 1290 High Yield retains Efficiency (Sharpe Ratio) of 0.17, which signifies that the fund had a 0.17% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 1290 High, which you can use to evaluate the volatility of the entity. Please confirm 1290 High's Variance of 0.0151, market risk adjusted performance of (6.02), and Standard Deviation of 0.1228 to double-check if the risk estimate we provide is consistent with the expected return of 0.02%.
  
1290 Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1714

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Estimated Market Risk

 0.12
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average 1290 High is performing at about 13% 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 1290 High by adding it to a well-diversified portfolio.

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1290 High Valuation on September 24, 2024

It is possible to determine the worth of 1290 High on a given historical date. On September 24, 2024 1290 was worth 8.55 at the beginning of the trading date compared to the closed value of 8.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 1290 High mutual fund. Still, in general, we apply an absolute valuation method to find 1290 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 1290 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 1290 High's related companies.
 Open High Low Close Volume
  8.55    8.55    8.55    8.55    1.00  
09/24/2024
  8.55    8.55    8.55    8.55    1.00  
  8.55    8.55    8.55    8.55    1.00  
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Open Value
8.55
8.55
Closing Value
8.90
Upside

1290 High Trading Date Momentum on September 24, 2024

On September 25 2024 1290 High Yield was traded for  8.55  at the closing time. The highest daily price throughout the period was 8.55  and the lowest price was  8.55 . There was no trading activity during the period 1.0. Lack of trading volume on 09/25/2024 had no effect on price fluctuation. The daily price change to current closing price is 0.12% .

1290 High Yield Fundamentals Correlations and Trends

By evaluating 1290 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 1290 High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 1290 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About 1290 High Mutual Fund history

1290 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 1290 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 1290 High Yield 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 1290 High stock prices may prove useful in developing a viable investing in 1290 High
Normally, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in a broad range of high-yield, below investment-grade bonds. The advisor expected that the fund will invest primarily in high-yield corporate bonds as well as floating rate loans, and participations in and assignments of loans.

1290 High Mutual Fund Technical Analysis

1290 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.
A focus of 1290 High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 1290 High 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

1290 High Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

1290 High Yield 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.

1290 High November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how 1290 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 1290 High shares will generate the highest return on investment. By undertsting and applying 1290 High mutual fund market strength indicators, traders can identify 1290 High Yield entry and exit signals to maximize returns

1290 High Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 1290 High's price direction in advance. Along with the technical and fundamental analysis of 1290 Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of 1290 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.

Other Information on Investing in 1290 Mutual Fund

1290 High financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 High security.
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