Highland Global Allocation Fund Probability of Future Fund Price Finishing Under 7.7
| HGLB Fund | USD 7.71 0.01 0.13% |
Highland |
Highland Global Target Price Odds to finish below 7.7
The tendency of Highland Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 7.70 or more in 90 days |
| 7.71 | 90 days | 7.70 | about 81.96 |
Based on a normal probability distribution, the odds of Highland Global to drop to $ 7.70 or more in 90 days from now is about 81.96 (This Highland Global Allocation probability density function shows the probability of Highland Fund to fall within a particular range of prices over 90 days) . Probability of Highland Global Allo price to stay between $ 7.70 and its current price of $7.71 at the end of the 90-day period is roughly 2.55 .
Given the investment horizon of 90 days Highland Global has a beta of 0.45. This usually indicates as returns on the market go up, Highland Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Highland Global Allocation will be expected to be much smaller as well. Additionally Highland Global Allocation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Highland Global Price Density |
| Price |
Predictive Modules for Highland Global
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 Global Allo. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Highland Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Highland Global is not an exception. The market had few large corrections towards the Highland Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Highland Global Allocation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Highland Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.09 |
Highland Global Technical Analysis
Highland Global's future price can be derived by breaking down and analyzing its technical indicators over time. Highland Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Highland Global Allocation. In general, you should focus on analyzing Highland Fund price patterns and their correlations with different microeconomic environments and drivers.
Highland Global Predictive Forecast Models
Highland Global's time-series forecasting models is one of many Highland Global's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Highland Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Highland Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Highland Global's short interest history, or implied volatility extrapolated from Highland Global options trading.
Other Information on Investing in Highland Fund
Highland Global financial ratios help investors to determine whether Highland 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 Global security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |