High Income Fund Technical Analysis

URHIX Fund  USD 6.90  0.01  0.15%   
As of the 23rd of November, High Income retains the Risk Adjusted Performance of 0.0939, coefficient of variation of 571.43, and Market Risk Adjusted Performance of (0.58). Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of High Income Fund, as well as the relationship between them.

High Income 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 Income'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 Income 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 Income technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of High Income 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 Income Fund Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Income Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.

High Income Fund Trend Analysis

Use this graph to draw trend lines for High Income Fund. You can use it to identify possible trend reversals for High Income 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 Income price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

High Income Best Fit Change Line

The following chart estimates an ordinary least squares regression model for High Income Fund applied against its price change over selected period. The best fit line has a slop of    , which means High Income Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted High Income price change compared to its average price change.

About High Income 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 Income 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 Income Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on High Income Fund price pattern first instead of the macroeconomic environment surrounding High Income Fund. By analyzing High Income'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 Income'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 Income specific price patterns or momentum indicators. Please read more on our technical analysis page.

High Income November 23, 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.

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.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules