Highland Small Cap Equity Fund Probability of Future Mutual Fund Price Finishing Over 6.77
| HSZYX Fund | USD 6.94 0.02 0.29% |
Highland |
Highland Small-cap Target Price Odds to finish over 6.77
The tendency of Highland Mutual 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 stay above $ 6.77 in 90 days |
| 6.94 | 90 days | 6.77 | about 16.99 |
Based on a normal probability distribution, the odds of Highland Small-cap to stay above $ 6.77 in 90 days from now is about 16.99 (This Highland Small Cap Equity probability density function shows the probability of Highland Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Highland Small Cap price to stay between $ 6.77 and its current price of $6.94 at the end of the 90-day period is about 12.78 .
Assuming the 90 days horizon Highland Small-cap has a beta of 0.56. This usually indicates as returns on the market go up, Highland Small-cap average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Highland Small Cap Equity will be expected to be much smaller as well. Additionally Highland Small Cap Equity has an alpha of 0.0646, implying that it can generate a 0.0646 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Highland Small-cap Price Density |
| Price |
Predictive Modules for Highland Small-cap
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 Small Cap. 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 Small-cap'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 Small-cap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Highland Small-cap is not an exception. The market had few large corrections towards the Highland Small-cap'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 Small Cap Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Highland Small-cap within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | 0.01 |
Highland Small-cap Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Highland Small-cap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Highland Small Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Highland Small Cap generated five year return of -11.0% | |
| This fund retains about 14.63% of its assets under management (AUM) in cash |
Highland Small-cap Technical Analysis
Highland Small-cap's future price can be derived by breaking down and analyzing its technical indicators over time. Highland Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Highland Small Cap Equity. In general, you should focus on analyzing Highland Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Highland Small-cap Predictive Forecast Models
Highland Small-cap's time-series forecasting models is one of many Highland Small-cap's mutual 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 Small-cap'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 mutual fund market movement and maximize returns from investment trading.
Things to note about Highland Small Cap
Checking the ongoing alerts about Highland Small-cap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Highland Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Highland Small Cap generated five year return of -11.0% | |
| This fund retains about 14.63% of its assets under management (AUM) in cash |
Other Information on Investing in Highland Mutual Fund
Highland Small-cap 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 Small-cap security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |