Integrity High Income Fund Volatility
| IHFCX Fund | USD 7.57 -0.02 -0.26% |
Over the designated horizon, Integrity High Income maintains a minimal volatility profile. Integrity High Income posts a Sharpe Ratio (Efficiency) of -0.0642, suggesting weak return efficiency over the last 3 months. The current setup includes 20 technical indicators relevant to risk behavior.
Sharpe Ratio = -0.0642
| High Returns | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IHFCX |
Integrity High Income (IHFCX) recorded a Market Risk Adjusted Performance of -0.3%, a Risk of 0.17, and a Risk Adjusted Performance of -0.1%. Monthly moving average analysis shows INTEGRITY HIGH is not yet reaching its full return potential. Incorporating it into a well-diversified portfolio can enhance total return while reducing risk.
Key indicators related to INTEGRITY HIGH's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
INTEGRITY HIGH's volatility is most commonly measured using the annualized standard deviation of daily returns. This statistical measure reflects the magnitude of INTEGRITY HIGH's typical price swings and is a primary input in options pricing models.
INTEGRITY |
Volatility Strategy
Integrity High Income return fluctuations can modify its marginal contribution to total portfolio variance. Allocation size and correlation determine overall impact. Current statistical measures show total volatility near 0.17% with a beta coefficient of 0.0685, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.0642, evaluates return per unit of total risk. An alpha value of -0.0111 reflects performance relative to systematic market exposure. Expected return estimates near -0.0107% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to INTEGRITY HIGH's market risk premium analysis include:
Beta 0.0685 | Alpha -0.01 | Risk 0.17 | Sharpe Ratio -0.06 | Expected Return -0.01 |
Moving together with INTEGRITY Mutual Fund
| 0.7 | VMTIX | Viking Tax Free | PairCorr |
| 0.69 | VMTTX | Viking Tax Free | PairCorr |
| 0.69 | VNDIX | Viking Tax Free | PairCorr |
| 0.74 | VNDFX | Viking Tax Free | PairCorr |
| 0.65 | NEITX | Nebraska Municipal | PairCorr |
| 0.78 | OKMUX | Oklahoma Municipal | PairCorr |
| 0.75 | OKMIX | Oklahoma Municipal | PairCorr |
| 0.67 | MEMUX | Maine Municipal | PairCorr |
| 0.72 | IGIAX | Integrity Growth Income | PairCorr |
| 0.72 | IGIVX | Integrity Growth Income | PairCorr |
| 0.73 | IGIUX | Integrity Growth Income | PairCorr |
| 0.98 | IHFAX | Integrity High Income | PairCorr |
| 0.67 | KSITX | Kansas Municipal | PairCorr |
| 0.69 | KSMUX | Kansas Municipal | PairCorr |
| 0.88 | AHTFX | American High Income | PairCorr |
| 0.9 | AHTCX | American High Income | PairCorr |
| 0.88 | AHITX | American High Income | PairCorr |
| 0.94 | BHYCX | BlackRock Hi Yld | PairCorr |
| 0.96 | BHYIX | BlackRock High Yield | PairCorr |
| 0.96 | BHYSX | BlackRock Hi Yld | PairCorr |
| 0.92 | BHYAX | BlackRock High Yield | PairCorr |
| 0.94 | VWEHX | Vanguard High Yield | PairCorr |
| 0.94 | VWEAX | Vanguard High Yield | PairCorr |
Sensitivity To Market
Integrity High Income exhibits a beta of 0.0685, representing its market-relative sensitivity based on regression modeling. Beta quantifies systematic risk by measuring the slope of asset returns against benchmark returns. Overall return volatility is approximately 0.17%.Volatility metrics for Integrity High Income describe how stable or unstable returns have been over the selected window. Current downside deviation is about 0.0%. Funds with more equity exposure typically show higher volatility than more bond-heavy funds.
3 Months Beta |Analyze Integrity High Income Demand TrendCheck current 90 days INTEGRITY HIGH correlation with market (Dow Jones Industrial)Downside Risk
The standard deviation of INTEGRITY measures how widely its daily prices are dispersed around the mean for a given time period. Highly volatile instruments have large standard deviations; stable instruments have small ones.
Standard Deviation | 0.17 |
Standard deviation captures both upside and downside movement in INTEGRITY HIGH. However, investors specifically concerned with loss potential should use downside deviation or semi-deviation of INTEGRITY HIGH's returns. Integrity High Income (IHFCX) recorded a Maximum Drawdown of 0.92.
Mutual Fund Volatility Analysis
INTEGRITY HIGH fund volatility is a measure of the speed and extent of INTEGRITY HIGH's price movements. High volatility generally means the mutual fund price moves dramatically up or down in a short period of time. Low volatility means INTEGRITY HIGH's price does not fluctuate dramatically and tends to be more predictable.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Integrity High Income Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming a 90-day horizon INTEGRITY HIGH has a beta of 0.0685 . This usually indicates as returns on the market go up, INTEGRITY HIGH's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Integrity High Income is expected to be smaller as well.Investors in INTEGRITY HIGH face systematic risk from overall mutual fund market trends and unsystematic risk from company or sector-specific developments. Diversification reduces specific exposure, but macro-driven volatility persists. Beta remains a common sensitivity metric. Integrity High Income (IHFCX) recorded a Mean Deviation of 0.11 and a Standard Deviation of 0.16.
Predicted Return Density |
| Returns |
What Drives INTEGRITY HIGH's Price Volatility?
Several factors can influence INTEGRITY HIGH's market volatility:Industry Dynamics
Sector-level events can directly affect INTEGRITY HIGH's price stability. Regulatory changes, supply disruptions, or shifts in demand within INTEGRITY HIGH's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like INTEGRITY HIGH.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for INTEGRITY HIGH's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward INTEGRITY HIGH. During periods of economic expansion, INTEGRITY HIGH's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.INTEGRITY HIGH's Company-Specific Factors
Volatility can also stem from events unique to INTEGRITY HIGH. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in INTEGRITY HIGH's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on INTEGRITY HIGH's share price.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of INTEGRITY HIGH is -1556.98. The daily returns are distributed with a variance of 0.03 and standard deviation of 0.17. The mean deviation of Integrity High Income is currently at 0.12. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | -0.0111 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | 0.50 |
Mutual Fund Return Volatility
INTEGRITY HIGH return volatility captures the typical daily swing in fund returns relative to the mean over the selected period. The fund has volatility of 0.1659% on return distribution over a 90-day investment horizon. Meanwhile, Dow Jones Industrial has volatility of 0.8248% on return distribution over a 90-day investment horizon. Performance |
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Related Correlations Analysis
Risk-Adjusted Indicators
Evaluating INTEGRITY Mutual Fund requires separating price momentum from underlying business quality relative to competitors. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NREEX | 0.64 | 0.08 | 0.11 | 0.08 | 1.01 | 1.40 | 3.60 | |||
| DREYX | 0.79 | 0.08 | 0.12 | 0.05 | 0.98 | 1.55 | 6.37 | |||
| FORFX | 0.05 | 0.02 | 0.00 | -6.50 | 0.00 | 0.11 | 0.31 | |||
| FESIX | 0.64 | 0.05 | 0.08 | -0.01 | 0.96 | 1.37 | 3.08 | |||
| FREAX | 0.63 | 0.09 | 0.12 | 0.11 | 0.98 | 1.32 | 3.32 | |||
| RRRZX | 0.65 | 0.07 | 0.11 | 0.07 | 1.08 | 1.45 | 3.42 | |||
| REPIX | 1.02 | 0.08 | 0.06 | 0.00 | 1.71 | 2.10 | 5.19 | |||
| VGSIX | 0.64 | 0.05 | 0.10 | 0.00 | 1.00 | 1.45 | 3.04 |
Risk Metrics, Assumptions & Methodology
Volatility for INTEGRITY HIGH reflects NAV dispersion and exposure stability across disclosure periods. Observed drawdowns appear relatively moderate compared with broader market swings.
For Integrity High Income, this section uses fund disclosures and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardINTEGRITY HIGH Investment Opportunity
Recent data suggests that Dow Jones Industrial is meaningfully more volatile than Integrity High Income, by roughly a 4.82x factor. The lower-risk profile may improve diversification efficiency, but it still needs to be judged against return quality and market sensitivity.You can use Integrity High Income to protect your portfolios against small market fluctuations. This directional read frames the latest price swing through a simple momentum and follow-through lens. It gives extra weight to the size of the move, the quote level, and whether the instrument trades in a hype-prone venue. a normal downward trend and little activity. Check odds of INTEGRITY HIGH to be traded at $7.49 in 90 days.Very poor diversification
Across the chosen horizon, IHFCX and DJI show a correlation of 0.8 and fall into the Very poor diversification bucket. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
INTEGRITY HIGH Additional Risk Indicators
A broader risk-indicator set for Integrity High Income can improve buy, hold, hedge, and sell decisions by adding context beyond the most common measures. This is most useful when investors want to understand whether the current opportunity is being paid for with reasonable risk.
| Risk Adjusted Performance | -0.08 | |||
| Market Risk Adjusted Performance | -0.25 | |||
| Mean Deviation | 0.1135 | |||
| Coefficient Of Variation | -2,062 | |||
| Standard Deviation | 0.162 | |||
| Variance | 0.0262 | |||
| Information Ratio | 0.4969 |
INTEGRITY HIGH Suggested Diversification Pairs
Pair trading with INTEGRITY HIGH can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. Used properly, pair trading is less about prediction in isolation and more about identifying relative mispricing between related positions.
While pairing positions reduces portfolio risk, some forms of risk persist no matter which instruments are combined. No matter how well a pair is constructed around INTEGRITY HIGH, market-wide risk remains. What pair trading can address is INTEGRITY HIGH's unsystematic risk - the portion driven by company or sector-specific factors rather than broad market forces.