Inverse High Yield Fund Price on October 31, 2024
| RYIHX Fund | USD 49.41 0.19 0.39% |
Below is the normalized historical share price chart for Inverse High Yield extending back to April 16, 2007. 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 Inverse High stands at 49.41, as last reported on the 14th of December 2024, with the highest price reaching 49.41 and the lowest price hitting 49.41 during the day.
If you're considering investing in Inverse Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Inverse Mutual Fund to be very steady. Inverse High Yield holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Inverse High Yield, which you can use to evaluate the volatility of the entity. Please check out Inverse High's Downside Deviation of 0.2589, risk adjusted performance of 0.0426, and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.031%.
Inverse Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Inverse |
Sharpe Ratio = 0.1169
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| Negative Returns | RYIHX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Inverse High is performing at about 9% 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 Inverse High by adding it to a well-diversified portfolio.
Inverse High Valuation on October 31, 2024
It is possible to determine the worth of Inverse High on a given historical date. On October 31, 2024 Inverse was worth 49.9 at the beginning of the trading date compared to the closed value of 49.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inverse High mutual fund. Still, in general, we apply an absolute valuation method to find Inverse 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 Inverse High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inverse High's related companies.
| Open | High | Low | Close | Volume | |
| 49.73 | 49.73 | 49.73 | 49.73 | 1.00 | |
10/31/2024 | 49.90 | 49.90 | 49.90 | 49.90 | 1.00 |
| 49.90 | 49.90 | 49.90 | 49.90 | 1.00 |
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Inverse High Trading Date Momentum on October 31, 2024
| On November 01 2024 Inverse High Yield was traded for 49.90 at the closing time. The highest daily price throughout the period was 49.90 and the lowest price was 49.90 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 did not cause price change. The trading delta at closing time to current closing price is 1.28% . |
Inverse High Yield Fundamentals Correlations and Trends
By evaluating Inverse 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 Inverse High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inverse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Inverse High Mutual Fund history
Inverse 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 Inverse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inverse 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 Inverse High stock prices may prove useful in developing a viable investing in Inverse High
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination should provide inverse exposure to the U.S. and Canadian high yield bond markets. It will primarily invest in credit default swaps, swaps on ETFs, and bond futures to gain inverse exposure to the high yield bond market. The fund is non-diversified.
Inverse High Mutual Fund Technical Analysis
Inverse 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
Inverse High Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Inverse 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.
Inverse High December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Inverse 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 Inverse High shares will generate the highest return on investment. By undertsting and applying Inverse High mutual fund market strength indicators, traders can identify Inverse High Yield entry and exit signals to maximize returns
Inverse High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Inverse High's price direction in advance. Along with the technical and fundamental analysis of Inverse Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inverse 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 | 0.0426 | |||
| Jensen Alpha | 0.0292 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.06) |
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Other Information on Investing in Inverse Mutual Fund
Inverse High financial ratios help investors to determine whether Inverse 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 Inverse with respect to the benefits of owning Inverse High security.
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