Highland Merger Arbitrage Fund Price History
HMEAX Fund | USD 19.47 0.02 0.10% |
Below is the normalized historical share price chart for Highland Merger Arbitrage extending back to August 01, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Highland Merger stands at 19.47, as last reported on the 26th of November, with the highest price reaching 19.47 and the lowest price hitting 19.47 during the day.
If you're considering investing in Highland Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Highland Mutual Fund to be very steady. Highland Merger Arbitrage holds Efficiency (Sharpe) Ratio of 0.0704, which attests that the entity had a 0.0704% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Highland Merger Arbitrage, which you can use to evaluate the volatility of the entity. Please check out Highland Merger's Downside Deviation of 0.2913, risk adjusted performance of 0.023, and Market Risk Adjusted Performance of 0.1266 to validate if the risk estimate we provide is consistent with the expected return of 0.0147%.
Highland Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Highland |
Sharpe Ratio = 0.0704
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Negative Returns | HMEAX |
Estimated Market Risk
0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Highland Merger is performing at about 5% 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 Merger by adding it to a well-diversified portfolio.
Highland Merger Mutual Fund Price History Chart
There are several ways to analyze Highland Merger Arbitrage Fund price data. The simplest method is using a basic Highland candlestick price chart, which shows Highland Merger price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | September 23, 2024 | 19.6 |
Lowest Price | September 5, 2024 | 19.29 |
Highland Merger November 26, 2024 Mutual Fund Price Synopsis
Various analyses of Highland Merger's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Highland Mutual Fund. It can be used to describe the percentage change in the price of Highland Merger from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Highland Mutual Fund.Highland Merger Price Rate Of Daily Change | 1.00 | |
Highland Merger Price Action Indicator | 0.01 |
Highland Merger November 26, 2024 Mutual Fund Price Analysis
Highland Mutual Fund Price History Data
The price series of Highland Merger for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 0.31 with a coefficient of variation of 0.33. Under current investment horizon, the daily prices are spread out with arithmetic mean of 19.4. The median price for the last 90 days is 19.42. The company completed dividends distribution on 12/20/2019.Open | High | Low | Close | Volume | ||
11/26/2024 | 19.47 | 19.47 | 19.47 | 19.47 | ||
11/25/2024 | 19.47 | 19.47 | 19.47 | 19.47 | 1.00 | |
11/22/2024 | 19.45 | 19.45 | 19.45 | 19.45 | 1.00 | |
11/21/2024 | 19.43 | 19.43 | 19.43 | 19.43 | 1.00 | |
11/20/2024 | 19.41 | 19.41 | 19.41 | 19.41 | 1.00 | |
11/19/2024 | 19.40 | 19.40 | 19.40 | 19.40 | 1.00 | |
11/18/2024 | 19.39 | 19.39 | 19.39 | 19.39 | 1.00 | |
11/15/2024 | 19.37 | 19.37 | 19.37 | 19.37 | 1.00 | |
11/14/2024 | 19.38 | 19.38 | 19.38 | 19.38 | 1.00 | |
11/13/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
11/12/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
11/11/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
11/08/2024 | 19.45 | 19.45 | 19.45 | 19.45 | 1.00 | |
11/07/2024 | 19.44 | 19.44 | 19.44 | 19.44 | 1.00 | |
11/06/2024 | 19.44 | 19.44 | 19.44 | 19.44 | 1.00 | |
11/05/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
11/04/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
11/01/2024 | 19.38 | 19.38 | 19.38 | 19.38 | 1.00 | |
10/31/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
10/30/2024 | 19.43 | 19.43 | 19.43 | 19.43 | 1.00 | |
10/29/2024 | 19.44 | 19.44 | 19.44 | 19.44 | 1.00 | |
10/28/2024 | 19.43 | 19.43 | 19.43 | 19.43 | 1.00 | |
10/25/2024 | 19.44 | 19.44 | 19.44 | 19.44 | 1.00 | |
10/24/2024 | 19.44 | 19.44 | 19.44 | 19.44 | 1.00 | |
10/23/2024 | 19.45 | 19.45 | 19.45 | 19.45 | 1.00 | |
10/22/2024 | 19.45 | 19.45 | 19.45 | 19.45 | 1.00 | |
10/21/2024 | 19.45 | 19.45 | 19.45 | 19.45 | 1.00 | |
10/18/2024 | 19.48 | 19.48 | 19.48 | 19.48 | 1.00 | |
10/17/2024 | 19.49 | 19.49 | 19.49 | 19.49 | 1.00 | |
10/16/2024 | 19.47 | 19.47 | 19.47 | 19.47 | 1.00 | |
10/15/2024 | 19.49 | 19.49 | 19.49 | 19.49 | 1.00 | |
10/14/2024 | 19.49 | 19.49 | 19.49 | 19.49 | 1.00 | |
10/11/2024 | 19.48 | 19.48 | 19.48 | 19.48 | 1.00 | |
10/10/2024 | 19.46 | 19.46 | 19.46 | 19.46 | 1.00 | |
10/09/2024 | 19.47 | 19.47 | 19.47 | 19.47 | 1.00 | |
10/08/2024 | 19.44 | 19.44 | 19.44 | 19.44 | 1.00 | |
10/07/2024 | 19.41 | 19.41 | 19.41 | 19.41 | 1.00 | |
10/04/2024 | 19.41 | 19.41 | 19.41 | 19.41 | 1.00 | |
10/03/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
10/02/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
10/01/2024 | 19.41 | 19.41 | 19.41 | 19.41 | 1.00 | |
09/30/2024 | 19.42 | 19.42 | 19.42 | 19.42 | 1.00 | |
09/27/2024 | 19.40 | 19.40 | 19.40 | 19.40 | 1.00 | |
09/26/2024 | 19.38 | 19.38 | 19.38 | 19.38 | 1.00 | |
09/25/2024 | 19.38 | 19.38 | 19.38 | 19.38 | 1.00 | |
09/24/2024 | 19.38 | 19.38 | 19.38 | 19.38 | 1.00 | |
09/23/2024 | 19.60 | 19.60 | 19.60 | 19.60 | 1.00 | |
09/20/2024 | 19.40 | 19.40 | 19.40 | 19.40 | 1.00 | |
09/19/2024 | 19.38 | 19.38 | 19.38 | 19.38 | 1.00 | |
09/18/2024 | 19.36 | 19.36 | 19.36 | 19.36 | 1.00 | |
09/17/2024 | 19.36 | 19.36 | 19.36 | 19.36 | 1.00 | |
09/16/2024 | 19.34 | 19.34 | 19.34 | 19.34 | 1.00 | |
09/13/2024 | 19.35 | 19.35 | 19.35 | 19.35 | 1.00 | |
09/12/2024 | 19.33 | 19.33 | 19.33 | 19.33 | 1.00 | |
09/11/2024 | 19.33 | 19.33 | 19.33 | 19.33 | 1.00 | |
09/10/2024 | 19.32 | 19.32 | 19.32 | 19.32 | 1.00 | |
09/09/2024 | 19.31 | 19.31 | 19.31 | 19.31 | 1.00 | |
09/06/2024 | 19.29 | 19.29 | 19.29 | 19.29 | 1.00 | |
09/05/2024 | 19.29 | 19.29 | 19.29 | 19.29 | 1.00 | |
09/04/2024 | 19.31 | 19.31 | 19.31 | 19.31 | 1.00 | |
09/03/2024 | 19.31 | 19.31 | 19.31 | 19.31 | 1.00 |
About Highland Merger Mutual Fund history
Highland Merger investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Highland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Highland Merger Arbitrage will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Highland Merger stock prices may prove useful in developing a viable investing in Highland Merger
The fund normally invests at least 80 percent of the value of its total assets in securities of companies that are involved in publicly-announced mergers or companies that the Adviser believes may be involved in Merger Transactions. It engages in risk arbitrage strategies, particularly merger arbitrage strategies, in order to achieve its investment objective. The fund is non-diversified.
Highland Merger Mutual Fund Technical Analysis
Highland Merger technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
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Highland Merger Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Highland Merger's price direction in advance. Along with the technical and fundamental analysis of Highland Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Highland to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.023 | |||
Jensen Alpha | (0.000061) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.40) | |||
Treynor Ratio | 0.1166 |
Cycle Indicators | ||
Math Operators | ||
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Pattern Recognition | ||
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Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Highland Mutual Fund
Highland Merger 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 Merger security.
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