Ivy High Income Fund Manager Performance Evaluation
| IVHIX Fund | USD 6.11 0.02 0.33% |
The fund retains a Market Volatility (i.e., Beta) of 0.0872, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ivy High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ivy High is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Ivy High Income are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Ivy 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 | 0.7200 |
Ivy |
Ivy High Relative Risk vs. Return Landscape
If you would invest 599.00 in Ivy High Income on August 24, 2024 and sell it today you would earn a total of 12.00 from holding Ivy High Income or generate 2.0% return on investment over 90 days. Ivy High Income is currently producing 0.0318% returns and takes up 0.2557% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Ivy, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ivy High Current Valuation
Overvalued
Today
Please note that Ivy High's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Ivy High Income retains a regular Real Value of $5.61 per share. The prevalent price of the fund is $6.11. We determine the value of Ivy High Income from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Ivy High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ivy Mutual Fund. However, Ivy 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 6.11 | Real 5.61 | Hype 6.11 | Naive 6.07 |
The intrinsic value of Ivy 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 Ivy 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 Ivy High Income helps investors to forecast how Ivy 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 Ivy High more accurately as focusing exclusively on Ivy High's fundamentals will not take into account other important factors: Ivy High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ivy High Income, and traders can use it to determine the average amount a Ivy 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 = 0.1244
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IVHIX |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Ivy High is performing at about 9% 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 Ivy High by adding it to a well-diversified portfolio.
Ivy High Fundamentals Growth
Ivy Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ivy High, and Ivy 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 Ivy Mutual Fund performance.
| Price To Earning | 800.00 X | ||||
| Price To Book | 257.07 X | ||||
| Price To Sales | 0.30 X | ||||
| Total Asset | 2.61 B | ||||
About Ivy High Performance
Evaluating Ivy High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ivy 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 Ivy 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 invests primarily in a diversified portfolio of high-yield, high-risk, fixed-income securities, including secured and unsecured loan assignments, loan participations and other loan instruments , of U.S. and foreign issuers, the risks of which are, in the judgment of the manager consistent with the funds objective. It may invest up to 100 percent of its total assets in foreign securities that are denominated in U.S. dollars or foreign currencies.Things to note about Ivy High Income performance evaluation
Checking the ongoing alerts about Ivy High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ivy 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 retains about 16.21% of its assets under management (AUM) in fixed income securities |
- Analyzing Ivy 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 Ivy High's stock is overvalued or undervalued compared to its peers.
- Examining Ivy 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 Ivy High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ivy High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ivy High's mutual fund. These opinions can provide insight into Ivy High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ivy Mutual Fund
Ivy High financial ratios help investors to determine whether Ivy 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 Ivy with respect to the benefits of owning Ivy High security.
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