Pace High Yield Fund Technical Analysis
| PHYPX Fund | USD 8.78 0.02 0.23% |
As of the 18th of March 2026, PACE HIGH registers 8.78 per share in market pricing. Volatility and momentum metrics display Coefficient Of Variation of 1199.5, risk adjusted performance of 0.0129, and Semi Deviation of 0.0463. Quantitative signals are calculated from volatility clustering and momentum shifts. Relative strength metrics are assessed within peer group data.
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
Backtesting a what-if scenario on Pace High Yield helps investors see how the fund may have behaved if the position had been entered, held, or resized under different historical assumptions. The stronger interpretation comes from comparing realized return, risk, and path dependency instead of focusing only on the best historical outcome.
| 12/18/2025 |
| 03/18/2026 |
A 0.00 position in PACE HIGH initiated on December 18, 2025 and held to today would produce 0.00 in overall gains. In total, that is a 0.0% cumulative return in PACE HIGH on balance across 90 days. PACE HIGH competes with or is related to OIL GAS, Jennison Natural, WORLD ENERGY, Icon Natural, and VANGUARD ENERGY. The list provides context for relative analysis. Under normal circumstances, the fund invests at least 80 percent of its net assets in high yield fixed income securities... More
Upside and Downside Indicators for PACE HIGH Signals
Upside and downside indicators for PACE HIGH summarize momentum balance and potential range context for the fund. They provide a structured view of short-term momentum and range behavior.
| Downside Deviation | 0.2039 | |||
| Information Ratio | 0.3291 | |||
| Maximum Drawdown | 0.571 | |||
| Value At Risk | -0.23 | |||
| Potential Upside | 0.227 |
PACE HIGH Volatility and Risk Indicators Snapshot
This section presents risk metrics that describe PACE HIGH's historical price variability. The indicators highlight how volatility has behaved across recent periods.| Risk Adjusted Performance | 0.0129 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | 0.007 | |||
| Sortino Ratio | 0.2027 | |||
| Treynor Ratio | 0.0056 |
The mean reversion framework for PACE HIGH is built on the premise that markets are not perfectly efficient and that prices periodically overshoot their intrinsic value in both directions.
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 | 0.0129 | |||
| Market Risk Adjusted Performance | 0.0156 | |||
| Mean Deviation | 0.0892 | |||
| Semi Deviation | 0.0463 | |||
| Downside Deviation | 0.2039 | |||
| Coefficient Of Variation | 1199.5 | |||
| Standard Deviation | 0.1256 | |||
| Variance | 0.0158 | |||
| Information Ratio | 0.3291 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | 0.007 | |||
| Sortino Ratio | 0.2027 | |||
| Treynor Ratio | 0.0056 | |||
| Maximum Drawdown | 0.571 | |||
| Value At Risk | -0.23 | |||
| Potential Upside | 0.227 | |||
| Downside Variance | 0.0416 | |||
| Semi Variance | 0.0021 | |||
| Expected Short fall | -0.14 | |||
| Skewness | -0.67 | |||
| Kurtosis | 0.8072 |
Pace High Yield Backtested Returns
PACE HIGH reflects a very low volatility profile across the analytical window. It maintains a Sharpe Ratio of 0.0606, suggesting a return-to-volatility ratio of 0.0606. Indicator analysis identified twenty-seven signals affecting performance dispersion. Please analyze metrics such as Coefficient Of Variation of 1199.5, risk-adjusted performance of 0.0129, and Semi Deviation of 0.0463 to evaluate coherence across risk measures. The fund secures a Beta (Market Risk) of 0.0835, which attests to 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 | -0.48 |
Modest reverse predictability
The autocorrelation profile for Pace High Yield registers modest reverse predictability between the two measured intervals. When lagged price patterns show consistency, they can serve as a partial input for modeling Pace High Yield's near-term price behavior. A serial correlation of -0.48 indicates that about 48.0% of current PACE HIGH price fluctuations can be explained by its historical price movements. 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 | -0.48 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
This technical analysis view for PACE HIGH focuses on price, volume, and trend behavior. The view references moving averages, RSI, regressions, and chart pattern signals.
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. Reduced trading volume may increase short-term pricing variability.
Reported values for Pace High Yield are derived from fund disclosures and market reference feeds and then standardized by Macroaxis analytics. Refresh times depend on source availability.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardPACE HIGH Technical Indicators
Investors following Pace High Yield often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. This is most useful when investors want to compare trend quality, momentum, and mean-reversion risk before acting.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0129 | |||
| Market Risk Adjusted Performance | 0.0156 | |||
| Mean Deviation | 0.0892 | |||
| Semi Deviation | 0.0463 | |||
| Downside Deviation | 0.2039 | |||
| Coefficient Of Variation | 1199.5 | |||
| Standard Deviation | 0.1256 | |||
| Variance | 0.0158 | |||
| Information Ratio | 0.3291 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | 0.007 | |||
| Sortino Ratio | 0.2027 | |||
| Treynor Ratio | 0.0056 | |||
| Maximum Drawdown | 0.571 | |||
| Value At Risk | -0.23 | |||
| Potential Upside | 0.227 | |||
| Downside Variance | 0.0416 | |||
| Semi Variance | 0.0021 | |||
| Expected Short fall | -0.14 | |||
| Skewness | -0.67 | |||
| Kurtosis | 0.8072 |
March 18, 2026 Daily Trend Indicators
Investors following Pace High Yield often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. This is most useful when investors want to compare trend quality, momentum, and mean-reversion risk before acting.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 8.78 | ||
| Day Typical Price | 8.78 | ||
| Price Action Indicator | 0.01 |