Ab High Income Fund Manager Performance Evaluation

AGDAX Fund  USD 7.09  0.01  0.14%   
The fund owns a Beta (Systematic Risk) of 0.0104, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ab High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab High is expected to be smaller as well.

Risk-Adjusted Performance

Good

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Ab High Income are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Ab High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date31st of January 2025
Expense Ratio0.9000
  

Ab High Relative Risk vs. Return Landscape

If you would invest  699.00  in Ab High Income on October 31, 2025 and sell it today you would earn a total of  10.00  from holding Ab High Income or generate 1.43% return on investment over 90 days. Ab High Income is currently producing 0.0238% returns and takes up 0.158% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than AGDAX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Ab High is expected to generate 2.23 times less return on investment than the market. But when comparing it to its historical volatility, the company is 4.78 times less risky than the market. It trades about 0.15 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 of returns per unit of risk over similar time horizon.

Ab High Current Valuation

Overvalued
Today
7.09
Please note that Ab High's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Ab High Income owns a latest Real Value of $6.51 per share. The recent price of the fund is $7.09. We determine the value of Ab High Income from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some future date, mutual fund prices and their ongoing real values will grow together.
Since Ab High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of AGDAX Mutual Fund. However, Ab High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  7.09 Real  6.51 Hype  7.09 Naive  7.08
The intrinsic value of Ab High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ab High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
6.51
Real Value
7.80
Upside
Estimating the potential upside or downside of Ab High Income helps investors to forecast how AGDAX mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ab High more accurately as focusing exclusively on Ab High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.017.067.12
Details
Hype
Prediction
LowEstimatedHigh
6.927.097.26
Details
Naive
Forecast
LowNext ValueHigh
6.907.087.25
Details
Below is the normalized historical share price chart for Ab High Income extending back to February 25, 1994. 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 Ab High stands at 7.09, as last reported on the 29th of January, with the highest price reaching 7.09 and the lowest price hitting 7.09 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Ab High Target Price Odds to finish over Current Price

The tendency of AGDAX Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 7.09 90 days 7.09 
about 5.23
Based on a normal probability distribution, the odds of Ab High to move above the current price in 90 days from now is about 5.23 (This Ab High Income probability density function shows the probability of AGDAX Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Ab High has a beta of 0.0104. This suggests as returns on the market go up, Ab High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ab High Income will be expected to be much smaller as well. Additionally Ab High Income has an alpha of 0.0219, implying that it can generate a 0.0219 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Ab High Price Density   
       Price  

Predictive Modules for Ab High

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ab High Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
6.927.097.26
Details
Intrinsic
Valuation
LowRealHigh
6.346.517.80
Details
Naive
Forecast
LowNextHigh
6.907.087.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.017.067.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ab High. Your research has to be compared to or analyzed against Ab High's peers to derive any actionable benefits. When done correctly, Ab High's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ab High Income.

Ab High Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Ab High is not an exception. The market had few large corrections towards the Ab High's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ab High Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ab High within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones0.01
σ
Overall volatility
0.05
Ir
Information ratio -0.25

Ab High Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ab High for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ab High Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund holds about 25.58% of its assets under management (AUM) in fixed income securities

Ab High Fundamentals Growth

AGDAX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ab High, and Ab High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AGDAX Mutual Fund performance.

About Ab High Performance

Evaluating Ab High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ab High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ab High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund pursues income opportunities from government, corporate, emerging market and high-yield sources. It has the flexibility to invest in a broad range of fixed-income securities in both developed and emerging market countries. The funds investments may include U.S. and non-U.S. corporate debt securities and sovereign debt securities. It may invest, without limitation, in either U.S. Dollar-denominated or non-U.S. Dollar-denominated fixed-income securities.

Things to note about Ab High Income performance evaluation

Checking the ongoing alerts about Ab High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ab High Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund holds about 25.58% of its assets under management (AUM) in fixed income securities
Evaluating Ab High's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Ab High's mutual fund performance include:
  • Analyzing Ab High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ab High's stock is overvalued or undervalued compared to its peers.
  • Examining Ab High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Ab High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ab High's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Ab High's mutual fund. These opinions can provide insight into Ab High's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Ab High's mutual fund performance is not an exact science, and many factors can impact Ab High's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in AGDAX Mutual Fund

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