American High Income Fund Technical Analysis

AHIFX Fund  USD 8.88  0.07  0.10%   
As of the 28th of March, American High shows the risk adjusted performance of 0.0564, and Mean Deviation of 0.1565. American High Income technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for American High Income, which can be compared to its rivals. Please confirm American High Income standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if American High Income is priced correctly, providing market reflects its regular price of 9.56 per share.

American High Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as American, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to American
  
American High'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.
American 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.
A focus of American High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American High 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...

American High Income Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 American High Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.

American High Income Trend Analysis

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

American High Best Fit Change Line

The following chart estimates an ordinary least squares regression model for American High Income applied against its price change over selected period. The best fit line has a slop of    , which means American High Income will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.66, which is the sum of squared deviations for the predicted American High price change compared to its average price change.

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

American High March 28, 2024 Technical Indicators

Most technical analysis of American 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 American from various momentum indicators to cycle indicators. When you analyze American 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.

American High Income One Year Return

Based on the recorded statements, American High Income has an One Year Return of 13.0788%. This is much higher than that of the American Funds family and significantly higher than that of the High Yield Bond category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American High Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the American High Income information on this page should be used as a complementary analysis to other American High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for American Mutual Fund analysis

When running American High's price analysis, check to measure American High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American High is operating at the current time. Most of American High's value examination focuses on studying past and present price action to predict the probability of American High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American High's price. Additionally, you may evaluate how the addition of American High to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between American High's value and its price as these two are different measures arrived at by different means. Investors typically determine if American High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.