High Yield Valuation
| RYHDX Fund | USD 119.96 0.01 0.01% |
At this time, the entity appears to be fairly valued. High Yield Strategy retains a regular Real Value of $119.69 per share. The prevalent price of the fund is $119.96. We determine the value of High Yield Strategy 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.
Fairly Valued
Today
Please note that High Yield's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. High Yield Strategy retains a regular Real Value of $119.69 per share. The prevalent price of the fund is $119.96. We determine the value of High Yield Strategy 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 Yield is currently traded on the exchange, buyers and sellers on that exchange determine the market value of High Mutual Fund. However, High Yield'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 119.96 | Real 119.69 | Hype 119.88 | Naive 119.7 |
The intrinsic value of High Yield'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 Yield'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 Yield Strategy 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 Yield more accurately as focusing exclusively on High Yield's fundamentals will not take into account other important factors: About High Yield Valuation
Our relative valuation model uses a comparative analysis of High Yield. We calculate exposure to High Yield's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of High Yield's related companies.The fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination have economic characteristics similar to the U.S. and Canadian high yield bond markets andor in high yield debt securities. It will primarily invest in credit default swaps, swaps on ETFs, and bond futures to gain exposure similar to the high yield bond market. The fund is non-diversified.
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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