Highland Global Allocation Fund Buy Hold or Sell Recommendation
| HGLB Fund | USD 8.30 0.09 1.10% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Highland Global Allocation is 'Strong Buy'. Macroaxis provides Highland Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HGLB positions.
Check out Highland Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Highland and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Highland Global Allocation. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Highland |
Execute Highland Global Buy or Sell Advice
The Highland recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Highland Global Allocation. Macroaxis does not own or have any residual interests in Highland Global Allocation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Highland Global's advice using the current market data and latest reported fundamentals.
Time Horizon
30 Days |
Risk Tolerance
I am an educated risk taker |
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Highland Global Returns Distribution Density
The distribution of Highland Global's historical returns is an attempt to chart the uncertainty of Highland Global's future price movements. The chart of the probability distribution of Highland Global daily returns describes the distribution of returns around its average expected value. We use Highland Global Allocation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Highland Global returns is essential to provide solid investment advice for Highland Global.
| Mean Return | 0.21 |
| Value At Risk | -1.54 |
| Potential Upside | 2.04 |
| Standard Deviation | 1.20 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Highland Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Highland Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Highland Global or World Allocation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Highland Global's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Highland fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 1.18 | |
Ir | Information ratio | 0.19 |
Highland Global Volatility Alert
Highland Global Allocation has relatively low volatility with skewness of 0.6 and kurtosis of 1.61. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Highland Global's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Highland Global's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Highland Global Fundamentals Vs Peers
Comparing Highland Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Highland Global's direct or indirect competition across all of the common fundamentals between Highland Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Highland Global or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Highland Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Highland Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Highland Global to competition |
| Fundamentals | Highland Global | Peer Average |
| Price To Earning | 3.33 X | 6.53 X |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 0.75 % | 0.39 % |
| One Year Return | 21.11 % | 4.15 % |
| Three Year Return | 11.32 % | 3.60 % |
| Five Year Return | 12.46 % | 3.24 % |
| Last Dividend Paid | 0.97 | 0.65 |
Highland Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Highland . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Highland Global Buy or Sell Advice
When is the right time to buy or sell Highland Global Allocation? Buying financial instruments such as Highland Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Highland Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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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.
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