High Income Fund Manager Performance Evaluation
| NPHIX Fund | USD 8.71 0.01 0.11% |
The fund retains a Market Volatility (i.e., Beta) of 0.0807, which attests to not very significant fluctuations relative to the market. As returns on the market increase, High Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding High Income is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in High Income Fund are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, High Income is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5900 |
High |
High Income Relative Risk vs. Return Landscape
If you would invest 856.00 in High Income Fund on August 27, 2024 and sell it today you would earn a total of 15.00 from holding High Income Fund or generate 1.75% return on investment over 90 days. High Income Fund is currently producing 0.0273% returns and takes up 0.167% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than High, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
High Income Current Valuation
Overvalued
Today
Please note that High Income's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. High Income Fund retains a regular Real Value of $8.0 per share. The prevalent price of the fund is $8.71. We determine the value of High Income Fund 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 High Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of High Mutual Fund. However, High Income'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 8.71 | Real 8.0 | Hype 8.71 | Naive 8.66 |
The intrinsic value of High Income'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 High Income'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 High Income Fund helps investors to forecast how High 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 High Income more accurately as focusing exclusively on High Income's fundamentals will not take into account other important factors: High Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as High Income Fund, and traders can use it to determine the average amount a High Income'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 = 0.1634
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NPHIX |
Estimated Market Risk
| 0.17 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
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average High Income is performing at about 12% 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 High Income by adding it to a well-diversified portfolio.
High Income Fundamentals Growth
High Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of High Income, and High Income 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 High Mutual Fund performance.
| Total Asset | 828.24 M | ||||
About High Income Performance
Evaluating High Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if High Income 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 High Income 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 high-yield corporate bonds and other debt instruments with an emphasis on those that are rated below investment-grade. A high-yield security, or junk bond, is one that has been rated below the four highest categories used by a nationally recognized statistical rating organization, or, if unrated, determined by the investment advisor to be of similar quality. It may invest up to 20 percent of its net assets in bank loan investments. The fund may invest in fixed-income instruments of foreign issuers, including emerging market issuers.Things to note about High Income Fund performance evaluation
Checking the ongoing alerts about High Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for High Income Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 11.64% of its assets in bonds |
- Analyzing High Income'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 High Income's stock is overvalued or undervalued compared to its peers.
- Examining High Income'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 High Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of High Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of High Income's mutual fund. These opinions can provide insight into High Income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in High Mutual Fund
High Income financial ratios help investors to determine whether High 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 High with respect to the benefits of owning High Income security.
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