Highland Global Allocation Fund Market Value
| HGLB Fund | USD 8.91 0.22 2.41% |
| Symbol | Highland |
Highland Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Highland Global's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Highland Global.
| 12/06/2025 |
| 01/05/2026 |
If you would invest 0.00 in Highland Global on December 6, 2025 and sell it all today you would earn a total of 0.00 from holding Highland Global Allocation or generate 0.0% return on investment in Highland Global over 30 days. Highland Global is related to or competes with Wells Fargo, Rivernorth Opportunities, RiverNorthDoubleLine, Dunham Monthly, Clough Global, Hennessy Small, and Cohen Steers. Highland Global is entity of United States More
Highland Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Highland Global's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Highland Global Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 14.54 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.62 |
Highland Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highland Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Highland Global's standard deviation. In reality, there are many statistical measures that can use Highland Global historical prices to predict the future Highland Global's volatility.| Risk Adjusted Performance | 0.0172 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0178 |
Highland Global Allo Backtested Returns
Highland Global Allo holds Efficiency (Sharpe) Ratio of -0.0713, which attests that the entity had a -0.0713 % return per unit of risk over the last 3 months. Highland Global Allo exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Highland Global's Market Risk Adjusted Performance of 0.0278, risk adjusted performance of 0.0172, and Downside Deviation of 1.58 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 1.09, which attests to a somewhat significant risk relative to the market. Highland Global returns are very sensitive to returns on the market. As the market goes up or down, Highland Global is expected to follow.
Auto-correlation | 0.84 |
Very good predictability
Highland Global Allocation has very good predictability. Overlapping area represents the amount of predictability between Highland Global time series from 6th of December 2025 to 21st of December 2025 and 21st of December 2025 to 5th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Highland Global Allo price movement. The serial correlation of 0.84 indicates that around 84.0% of current Highland Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Highland Global Allo lagged returns against current returns
Autocorrelation, which is Highland Global fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Highland Global's fund expected returns. We can calculate the autocorrelation of Highland Global returns to help us make a trade decision. For example, suppose you find that Highland Global has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Highland Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Highland Global fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Highland Global fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Highland Global fund over time.
Current vs Lagged Prices |
| Timeline |
Highland Global Lagged Returns
When evaluating Highland Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Highland Global fund have on its future price. Highland Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Highland Global autocorrelation shows the relationship between Highland Global fund current value and its past values and can show if there is a momentum factor associated with investing in Highland Global Allocation.
Regressed Prices |
| Timeline |
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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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