High Yield Fund Technical Analysis

PHYAX Fund  USD 8.08  0.01  0.12%   
As of the 26th of November, High Yield retains the Coefficient Of Variation of 810.15, market risk adjusted performance of 0.1472, and Risk Adjusted Performance of 0.0595. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of High Yield Fund, as well as the relationship between them.

High Yield Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as High, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to High
  
High Yield's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
High Yield 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 High Yield technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of High Yield 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...

High Yield Fund Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of High Yield Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.

High Yield Fund Trend Analysis

Use this graph to draw trend lines for High Yield Fund. You can use it to identify possible trend reversals for High Yield as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual High Yield price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

High Yield Best Fit Change Line

The following chart estimates an ordinary least squares regression model for High Yield Fund applied against its price change over selected period. The best fit line has a slop of   0.0004  , which means High Yield Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted High Yield price change compared to its average price change.

About High Yield Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of High Yield Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of High Yield Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on High Yield Fund price pattern first instead of the macroeconomic environment surrounding High Yield Fund. By analyzing High Yield's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of High Yield's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to High Yield specific price patterns or momentum indicators. Please read more on our technical analysis page.

High Yield November 26, 2024 Technical Indicators

Most technical analysis of High help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for High from various momentum indicators to cycle indicators. When you analyze High charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

High Yield Fund One Year Return

Based on the recorded statements, High Yield Fund has an One Year Return of 11.5625%. This is 422.08% lower than that of the PIMCO family and significantly higher than that of the High Yield Bond category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

High Yield November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as High stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Other Information on Investing in High Mutual Fund

High Yield 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 Yield security.
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