High Yield Financials
THYYX Fund | USD 7.78 0.01 0.13% |
High |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
High Yield Fund Summary
The fund normally invests at least 80 percent of its net assets in non-investment-grade debt securities. It generally invests in non-investment-grade debt securities of domestic corporations. Non-investment-grade debt securities are higher risk, lower quality securities, often referred to as junk bonds, and are considered speculative.Specialization | High Yield Bond, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US89154W8174 |
Business Address | Touchstone Funds Group |
Mutual Fund Family | Touchstone |
Mutual Fund Category | High Yield Bond |
Benchmark | Dow Jones Industrial |
Phone | 800 543 0407 |
Currency | USD - US Dollar |
High Yield Key Financial Ratios
High Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining High Yield's current stock value. Our valuation model uses many indicators to compare High Yield value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across High Yield competition to find correlations between indicators driving High Yield's intrinsic value. More Info.High Yield Fund is rated second largest fund in annual yield among similar funds. It is rated top fund in year to date return among similar funds creating about 1,451 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the High Yield's earnings, one of the primary drivers of an investment's value.High Yield Fund Systematic Risk
High Yield's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. High Yield volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on High Yield Fund correlated with the market. If Beta is less than 0 High Yield generally moves in the opposite direction as compared to the market. If High Yield Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one High Yield Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of High Yield is generally in the same direction as the market. If Beta > 1 High Yield moves generally in the same direction as, but more than the movement of the benchmark.
High Yield December 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of High Yield help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of High Yield Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Yield Fund based on widely used predictive technical indicators. In general, we focus on analyzing High Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High Yield's daily price indicators and compare them against related drivers.
Downside Deviation | 0.203 | |||
Information Ratio | (0.16) | |||
Maximum Drawdown | 0.7712 | |||
Value At Risk | (0.26) | |||
Potential Upside | 0.2571 |
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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