Ab High Income Fund Manager Performance Evaluation
| AGDYX Fund | USD 7.06 0.01 0.14% |
The fund owns a Beta (Systematic Risk) of 0.0408, 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
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Ab High Income are ranked lower than 15 (%) 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.
...more| Expense Ratio | 0.6400 |
AGDYX |
Ab High Relative Risk vs. Return Landscape
If you would invest 693.00 in Ab High Income on September 1, 2024 and sell it today you would earn a total of 13.00 from holding Ab High Income or generate 1.88% return on investment over 90 days. Ab High Income is currently producing 0.0292% returns and takes up 0.1487% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than AGDYX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ab High Current Valuation
Overvalued
Today
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 $6.48 per share. The recent price of the fund is $7.06. 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 AGDYX 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 7.06 | Real 6.48 | Hype 7.06 | Naive 7.03 |
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.
Estimating the potential upside or downside of Ab High Income helps investors to forecast how AGDYX 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: Ab High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ab High Income, and traders can use it to determine the average amount a Ab High's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1961
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AGDYX |
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
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Ab High is performing at about 15% 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 Ab High by adding it to a well-diversified portfolio.
Ab High Fundamentals Growth
AGDYX 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 AGDYX Mutual Fund performance.
| Price To Earning | 53.85 X | ||||
| Price To Book | 0.37 X | ||||
| Price To Sales | 0.81 X | ||||
| Total Asset | 4.32 B | ||||
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 5.86% of its assets under management (AUM) in cash |
- 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.
Other Information on Investing in AGDYX Mutual Fund
Ab High financial ratios help investors to determine whether AGDYX 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 AGDYX with respect to the benefits of owning Ab High security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |