Highland Global Allocation Fund Current Valuation
| HGLB Fund | USD 7.61 0.11 1.42% |
Valuation analysis of Highland Global Allo helps investors to measure Highland Global's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
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 $7.69 per share. The prevalent price of the fund is $7.61. 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 7.61 | Real 7.69 | Hype 7.72 |
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 Allocation Fund Current Valuation Analysis
Highland Global's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Highland Global Allocation has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as World Allocation (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Highland Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Highland Global's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Highland Global could also be used in its relative valuation, which is a method of valuing Highland Global by comparing valuation metrics of similar companies.Highland Global is currently under evaluation in current valuation among similar funds.
Highland Fundamentals
| Shares Outstanding | 22.07 M | ||||
| Shares Owned By Insiders | 23.74 % | ||||
| Shares Owned By Institutions | 40.33 % | ||||
| Number Of Shares Shorted | 5.78 K | ||||
| Price To Earning | 3.33 X | ||||
| Short Ratio | 0.06 X | ||||
| Earnings Per Share | 2.69 X | ||||
| Market Capitalization | 98.44 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 14.43 % | ||||
| One Year Return | 17.31 % | ||||
| Three Year Return | 12.99 % | ||||
| Five Year Return | 10.63 % | ||||
| Last Dividend Paid | 0.97 |
About Highland Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Highland Global Allocation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Highland Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Highland Global Allocation based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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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