Ppm High Yield Fund Price on June 28, 2024
| PKHIX Fund | USD 8.99 0.01 0.11% |
Below is the normalized historical share price chart for Ppm High Yield extending back to July 13, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ppm High stands at 8.99, as last reported on the 28th of November, with the highest price reaching 8.99 and the lowest price hitting 8.99 during the day.
If you're considering investing in PPM Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider PPM Mutual Fund to be very steady. Ppm High Yield maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Ppm High Yield, which you can use to evaluate the volatility of the fund. Please check Ppm High's Standard Deviation of 0.1604, downside deviation of 0.1888, and Risk Adjusted Performance of 0.1011 to confirm if the risk estimate we provide is consistent with the expected return of 0.0211%.
PPM Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
PPM |
Sharpe Ratio = 0.1441
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| Negative Returns | PKHIX |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ppm High is performing at about 11% 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 Ppm High by adding it to a well-diversified portfolio.
Ppm High Valuation on June 28, 2024
It is possible to determine the worth of Ppm High on a given historical date. On June 28, 2024 PPM was worth 8.62 at the beginning of the trading date compared to the closed value of 8.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ppm High mutual fund. Still, in general, we apply an absolute valuation method to find Ppm High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ppm High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ppm High's related companies.
| Open | High | Low | Close | Volume | |
| 8.56 | 8.56 | 8.56 | 8.56 | 1.00 | |
06/28/2024 | 8.62 | 8.62 | 8.62 | 8.62 | 1.00 |
| 8.61 | 8.61 | 8.61 | 8.61 | 1.00 |
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Ppm High Trading Date Momentum on June 28, 2024
| On July 01 2024 Ppm High Yield was traded for 8.61 at the closing time. The highest daily price throughout the period was 8.61 and the lowest price was 8.61 . There was no trading activity during the period 1.0. Lack of trading volume on 07/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.12% . The trading delta at closing time to current closing price is 0.23% . |
Ppm High Yield Fundamentals Correlations and Trends
By evaluating Ppm High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ppm High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PPM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ppm High Mutual Fund history
Ppm High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PPM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ppm High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ppm High stock prices may prove useful in developing a viable investing in Ppm High
The fund seeks to achieve its objective by investing under normal circumstances at least 80 percent of its assets in high yield, high-risk debt securities . Junk bonds are bonds that are rated below investment grade by at least one major credit rating agency or, if not rated by any credit rating agency, deemed to be below investment-grade quality by PPM. It may also invest up to 20 percent of its total assets in equity securities .
Ppm High Mutual Fund Technical Analysis
Ppm High 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.
Price Boundaries
Ppm High Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Ppm High Yield cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ppm High November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ppm High mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ppm High shares will generate the highest return on investment. By undertsting and applying Ppm High mutual fund market strength indicators, traders can identify Ppm High Yield entry and exit signals to maximize returns
Ppm High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ppm High's price direction in advance. Along with the technical and fundamental analysis of PPM Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of PPM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1011 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.51) | |||
| Treynor Ratio | 0.3385 |
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Other Information on Investing in PPM Mutual Fund
Ppm High financial ratios help investors to determine whether PPM 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 PPM with respect to the benefits of owning Ppm High security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
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