Highland Long/short Mutual Fund Forward View
| HHCCX Fund | USD 15.40 0.03 0.19% |
Highland Mutual Fund outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Highland Long/short's share price is approaching 48. This usually indicates that the mutual fund is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Highland Long/short, making its price go up or down. Momentum 48
Impartial
Oversold | Overbought |
Using Highland Long/short hype-based prediction, you can estimate the value of Highland Longshort Healthcare from the perspective of Highland Long/short response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Highland Longshort Healthcare on the next trading day is expected to be 15.30 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 8.00. Highland Long/short after-hype prediction price | USD 15.4 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Highland |
Highland Long/short Additional Predictive Modules
Most predictive techniques to examine Highland price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Highland using various technical indicators. When you analyze Highland charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Highland Long/short Naive Prediction Price Forecast For the 31st of January
Given 90 days horizon, the Naive Prediction forecasted value of Highland Longshort Healthcare on the next trading day is expected to be 15.30 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.00.Please note that although there have been many attempts to predict Highland Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Highland Long/short's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Highland Long/short Mutual Fund Forecast Pattern
| Backtest Highland Long/short | Highland Long/short Price Prediction | Buy or Sell Advice |
Highland Long/short Forecasted Value
In the context of forecasting Highland Long/short's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Highland Long/short's downside and upside margins for the forecasting period are 14.47 and 16.12, respectively. We have considered Highland Long/short's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Highland Long/short mutual fund data series using in forecasting. Note that when a statistical model is used to represent Highland Long/short mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 114.5778 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1312 |
| MAPE | Mean absolute percentage error | 0.0085 |
| SAE | Sum of the absolute errors | 8.0043 |
Predictive Modules for Highland Long/short
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Highland Long/short. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Highland Long/short's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Highland Long/short After-Hype Price Density Analysis
As far as predicting the price of Highland Long/short at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Highland Long/short or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Highland Long/short, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Highland Long/short Estimiated After-Hype Price Volatility
In the context of predicting Highland Long/short's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Highland Long/short's historical news coverage. Highland Long/short's after-hype downside and upside margins for the prediction period are 14.58 and 16.22, respectively. We have considered Highland Long/short's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Highland Long/short is very steady at this time. Analysis and calculation of next after-hype price of Highland Long/short is based on 3 months time horizon.
Highland Long/short Mutual Fund Price Outlook Analysis
Have you ever been surprised when a price of a Mutual Fund such as Highland Long/short is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Highland Long/short backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Highland Long/short, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.08 | 0.82 | 0.00 | 0.28 | 0 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
15.40 | 15.40 | 0.00 |
|
Highland Long/short Hype Timeline
Highland Long/short is currently traded for 15.40. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.28. Highland is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.08%. %. The volatility of related hype on Highland Long/short is about 23.18%, with the expected price after the next announcement by competition of 15.68. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Highland Long/short to cross-verify your projections.Highland Long/short Related Hype Analysis
Having access to credible news sources related to Highland Long/short's direct competition is more important than ever and may enhance your ability to predict Highland Long/short's future price movements. Getting to know how Highland Long/short's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Highland Long/short may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TFCAX | Tax Free Conservative Income | 0.00 | 0 per month | 0.00 | (1.24) | 0.00 | 0.00 | 0.20 | |
| FADCX | Fidelity Advisor Diversified | 0.06 | 1 per month | 0.26 | 0.16 | 1.35 | (1.41) | 15.82 | |
| EIIMX | Eaton Vance Diversified | 3.13 | 3 per month | 0.00 | 0.06 | 0.30 | (0.15) | 0.46 | |
| ELDFX | Elfun Diversified Fund | 0.06 | 2 per month | 0.24 | 0.1 | 0.82 | (0.77) | 6.39 | |
| DIFIX | Mfs Diversified Income | 0.00 | 0 per month | 0.14 | (0.1) | 0.40 | (0.32) | 1.12 | |
| EKBCX | Wells Fargo Diversified | 7.26 | 1 per month | 0.74 | 0.17 | 2.00 | (1.90) | 10.68 | |
| DDFIX | Invesco Diversified Dividend | 14.25 | 4 per month | 0.00 | 0.13 | 1.31 | (0.87) | 15.15 |
Other Forecasting Options for Highland Long/short
For every potential investor in Highland, whether a beginner or expert, Highland Long/short's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Highland Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Highland. Basic forecasting techniques help filter out the noise by identifying Highland Long/short's price trends.Highland Long/short Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Highland Long/short mutual fund to make a market-neutral strategy. Peer analysis of Highland Long/short could also be used in its relative valuation, which is a method of valuing Highland Long/short by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Highland Long/short Market Strength Events
Market strength indicators help investors to evaluate how Highland Long/short mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Highland Long/short shares will generate the highest return on investment. By undertsting and applying Highland Long/short mutual fund market strength indicators, traders can identify Highland Longshort Healthcare entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.4 | |||
| Day Typical Price | 15.4 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) | |||
| Relative Strength Index | 48.4 |
Highland Long/short Risk Indicators
The analysis of Highland Long/short's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Highland Long/short's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting highland mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5933 | |||
| Standard Deviation | 0.8233 | |||
| Variance | 0.6779 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Highland Long/short
The number of cover stories for Highland Long/short depends on current market conditions and Highland Long/short's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Highland Long/short is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Highland Long/short's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
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.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |