Highland Long/short Financials
| HHCZX Fund | USD 16.64 0.03 0.18% |
Highland |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Highland Long/short Fund Summary
Highland Long/short competes with Highland Merger, Highland Small-cap, Highland Small-cap, and Highland Small-cap. 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.Specialization | Event Driven, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US4301018739 |
| Business Address | Highland Funds I |
| Mutual Fund Family | Highland Funds |
| Mutual Fund Category | Event Driven |
| Benchmark | Dow Jones Industrial |
| Phone | 877 665 1287 |
| Currency | USD - US Dollar |
Highland Long/short Key Financial Ratios
Highland Financial Ratios 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.Highland Long/short Systematic Risk
Highland Long/short's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Highland Long/short volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Highland Long/short correlated with the market. If Beta is less than 0 Highland Long/short generally moves in the opposite direction as compared to the market. If Highland Long/short Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Highland Long/short is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Highland Long/short is generally in the same direction as the market. If Beta > 1 Highland Long/short moves generally in the same direction as, but more than the movement of the benchmark.
Highland Long/short Thematic Clasifications
Highland Longshort Healthcare is part of Healthcare Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in healthcare. Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations
This theme covers Funds investing in healthcare. Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. Get More Thematic Ideas
Highland Longshort Healthcare is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Event Driven category is currently estimated at about 1.09 Billion. Highland Long/short holds roughly 28.36 Million in net asset claiming about 2.61% of all funds under Event Driven category.| Healthcare Funds | View |
Highland Long/short November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Highland Long/short help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Highland Longshort Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Highland Longshort Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Highland Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Highland Long/short's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2254 | |||
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 1.14 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.3667 |
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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