Pace High Yield Fund Technical Analysis
| PHDTX Fund | USD 9.07 -0.01 -0.11% |
As of the 19th of March, PACE High is marked at 9.07 per share. Recent trend indicators show Risk Adjusted Performance of 5.0E-4, coefficient of variation of 1532.17, and Semi Deviation of 0.0774. Trend analytics rely on normalized volatility and volume metrics. Trend metrics are reviewed within historical sector ranges.
PACE 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 PACE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PACEPACE |
What if' Analysis
Historical what-if analysis for Pace High Yield is useful because it converts abstract timing questions into a structured review of past performance under changing entry and holding periods. The stronger interpretation comes from comparing realized return, risk, and path dependency instead of focusing only on the best historical outcome.
| 12/19/2025 |
| 03/19/2026 |
A 0.00 position in PACE High initiated on December 19, 2025 and held to today would generate 0.00 in aggregate gains. Overall, this is a 0.0% cumulative return in PACE High in aggregate over 90 days. PACE High has comparable peers such as T Rowe. Peer context can support comparative analysis. Under normal circumstances, the fund invests at least 80 percent of its net assets in high yield fixed income securities... More
Momentum Range Indicators for PACE High Overview
These indicators describe how PACE High momentum evolves across recent price ranges. They compare current price to recent trend and sentiment readings.
| Downside Deviation | 0.2072 | |||
| Information Ratio | 0.6517 | |||
| Maximum Drawdown | 0.7691 | |||
| Value At Risk | -0.22 | |||
| Potential Upside | 0.2191 |
Market Risk Indicators for PACE High Snapshot
Risk measures here provide context on PACE High's return distribution and drawdown behavior. The indicators highlight how volatility has behaved across recent periods.| Risk Adjusted Performance | 5.0E-4 | |||
| Jensen Alpha | 0.0061 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | 0.4076 | |||
| Treynor Ratio | -0.02 |
The degree to which PACE High's exhibits mean reversion depends on how efficiently the market prices new information. In highly covered equities, the mean reversion window tends to be shorter.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 5.0E-4 | |||
| Market Risk Adjusted Performance | -0.01 | |||
| Mean Deviation | 0.0904 | |||
| Semi Deviation | 0.0774 | |||
| Downside Deviation | 0.2072 | |||
| Coefficient Of Variation | 1532.17 | |||
| Standard Deviation | 0.1296 | |||
| Variance | 0.0168 | |||
| Information Ratio | 0.6517 | |||
| Jensen Alpha | 0.0061 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | 0.4076 | |||
| Treynor Ratio | -0.02 | |||
| Maximum Drawdown | 0.7691 | |||
| Value At Risk | -0.22 | |||
| Potential Upside | 0.2191 | |||
| Downside Variance | 0.0429 | |||
| Semi Variance | 0.006 | |||
| Expected Short fall | -0.13 | |||
| Skewness | -0.78 | |||
| Kurtosis | 1.9 |
Pace High Yield Backtested Returns
PACE High registers a very low volatility profile across the specified investment window. It maintains a Sharpe Ratio of 0.0417, suggesting a return-to-volatility ratio of 0.0417. Indicator analysis identified twenty-seven signals affecting performance dispersion. Please evaluate metrics such as risk-adjusted performance of 5.0E-4, coefficient of variation of 1532.17, and Semi Deviation of 0.0774 to validate implied downside exposure. The fund owns a Beta (Systematic Risk) of 0.0893, which means relatively modest fluctuations relative to the market. As returns on the market increase, PACE High's returns are expected to increase less than the market. However, during a bear market, the loss from holding PACE High is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
Serial correlation analysis for Pace High Yield reveals poor reverse predictability across the intervals from 19th of December 2025 to 2nd of February 2026 and from 2nd of February 2026 to 19th of March 2026. The degree of alignment between past and current intervals shapes expectations about Pace High Yield's price persistence. At -0.34, nearly 34.0% of current PACE High price movement aligns with historical price trajectory. Given that Pace High Yield has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PACE High technical mutual fund analysis uses price and volume transformations to study behavior. The analysis highlights moving averages, RSI, and price correlation signals across the fund cycle.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. 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 Pace High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of PACE High focuses on NAV trend behavior and volatility patterns where pricing frequency permits. Breakout confirmation often requires sustained volume and liquidity depth.
Unless otherwise specified, data for Pace High Yield is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardPACE High Technical Indicators
Technical analysis of Pace High Yield is useful because it helps investors judge whether the current trend still looks durable or is beginning to weaken. Used correctly, technical indicators support timing and risk control but should still be validated against broader market and business context.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 5.0E-4 | |||
| Market Risk Adjusted Performance | -0.01 | |||
| Mean Deviation | 0.0904 | |||
| Semi Deviation | 0.0774 | |||
| Downside Deviation | 0.2072 | |||
| Coefficient Of Variation | 1532.17 | |||
| Standard Deviation | 0.1296 | |||
| Variance | 0.0168 | |||
| Information Ratio | 0.6517 | |||
| Jensen Alpha | 0.0061 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | 0.4076 | |||
| Treynor Ratio | -0.02 | |||
| Maximum Drawdown | 0.7691 | |||
| Value At Risk | -0.22 | |||
| Potential Upside | 0.2191 | |||
| Downside Variance | 0.0429 | |||
| Semi Variance | 0.006 | |||
| Expected Short fall | -0.13 | |||
| Skewness | -0.78 | |||
| Kurtosis | 1.9 |
March 19, 2026 Daily Trend Indicators
Technical analysis of Pace High Yield is useful because it helps investors judge whether the current trend still looks durable or is beginning to weaken. Used correctly, technical indicators support timing and risk control but should still be validated against broader market and business context.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 9.07 | ||
| Day Typical Price | 9.07 | ||
| Price Action Indicator | 0.00 |