Highland Global Allocation Fund Manager Performance Evaluation
| HGLB Fund | USD 7.71 0.01 0.13% |
The fund retains a Market Volatility (i.e., Beta) of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Highland Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Highland Global is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Highland Global Allocation are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong essential indicators, Highland Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 2.6700 |
Highland |
Highland Global Relative Risk vs. Return Landscape
If you would invest 754.00 in Highland Global Allocation on September 1, 2024 and sell it today you would earn a total of 17.00 from holding Highland Global Allocation or generate 2.25% return on investment over 90 days. Highland Global Allocation is currently generating 0.0395% in daily expected returns and assumes 0.915% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of funds are less volatile than Highland, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Highland Global Current Valuation
Fairly Valued
Today
Please note that Highland Global's price fluctuation is not too volatile at this time. At this time, the entity appears to be fairly valued. Highland Global Allo retains a regular Real Value of $7.68 per share. The prevalent price of the fund is $7.71. We determine the value of Highland Global Allo from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage taking in undervalued funds and trading overvalued funds since, at some point, fund prices and their ongoing real values will come together.
Since Highland Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Highland Fund. However, Highland Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.71 | Real 7.68 | Hype 7.71 | Naive 7.84 |
The real value of Highland Fund, also known as its intrinsic value, is the underlying worth of Highland Global Allo Fund, which is reflected in its stock price. It is based on Highland Global's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Highland Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Highland Global Allocation helps investors to forecast how Highland fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Highland Global more accurately as focusing exclusively on Highland Global's fundamentals will not take into account other important factors: Highland Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highland Global's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Highland Global Allocation, and traders can use it to determine the average amount a Highland Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0432
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HGLB |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Highland Global is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Highland Global by adding it to a well-diversified portfolio.
Highland Global Fundamentals Growth
Highland Fund prices reflect investors' perceptions of the future prospects and financial health of Highland Global, and Highland Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Highland Fund performance.
| Shares Outstanding | 22.07 M | ||||
| Price To Earning | 3.33 X | ||||
| Earnings Per Share | 2.69 X | ||||
About Highland Global Performance
By analyzing Highland Global's fundamental ratios, stakeholders can gain valuable insights into Highland Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Highland Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Highland Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Highland Global Allo performance evaluation
Checking the ongoing alerts about Highland Global for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Highland Global Allo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Highland Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Highland Global's fund performance include:- Analyzing Highland Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Highland Global's stock is overvalued or undervalued compared to its peers.
- Examining Highland Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Highland Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Highland Global's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Highland Global's fund. These opinions can provide insight into Highland Global's potential for growth and whether the stock is currently undervalued or overvalued.
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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