Highland Long/short Financial Statements From 2010 to 2024
HHCAX Fund | USD 15.76 0.03 0.19% |
Check Highland Long/short financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Highland Long/short's main balance sheet or income statement drivers, such as , as well as many indicators such as . Highland financial statements analysis is a perfect complement when working with Highland Long/short Valuation or Volatility modules.
Highland |
Highland Longshort Healthcare Mutual Fund Price To Sales Analysis
Highland Long/short's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Highland Long/short Price To Sales | 1.23 X |
Most of Highland Long/short's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Highland Longshort Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, Highland Longshort Healthcare has a Price To Sales of 1.23 times. This is much higher than that of the Highland Funds family and significantly higher than that of the Event Driven category. The price to sales for all United States funds is notably lower than that of the firm.
Highland Long/short Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Highland Long/short's current stock value. Our valuation model uses many indicators to compare Highland Long/short value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Highland Long/short competition to find correlations between indicators driving Highland Long/short's intrinsic value. More Info.Highland Longshort Healthcare is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Highland Longshort Healthcare is roughly 10.48 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Highland Long/short's earnings, one of the primary drivers of an investment's value.About Highland Long/short Financial Statements
Highland Long/short investors use historical fundamental indicators, such as Highland Long/short's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Highland Long/short. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by primarily investing in equity, debt, andor derivative securities of companies that the Adviser expects to benefit from an event catalyst. It may invest significantly in the common stock of and other interests in special purpose acquisition companies or similar special purpose entities that pool funds to seek potential acquisition opportunities . The fund may invest in SPACs for a variety of investment purposes, including to achieve income. It is non-diversified.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Highland Mutual Fund
Highland Long/short financial ratios help investors to determine whether Highland 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 Highland with respect to the benefits of owning Highland Long/short security.
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