Highland Small Cap Equity Fund Manager Performance Evaluation
| HSZAX Fund | USD 5.73 0.00 0.00% |
The fund retains a Market Volatility (i.e., Beta) of -0.045, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Highland Small-cap are expected to decrease at a much lower rate. During the bear market, Highland Small-cap is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Highland Small Cap Equity has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Highland Small-cap is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 31st of January 2023 | |
| Expense Ratio | 1.6400 |
Highland |
Highland Small-cap Relative Risk vs. Return Landscape
If you would invest 580.00 in Highland Small Cap Equity on November 9, 2024 and sell it today you would lose (7.00) from holding Highland Small Cap Equity or give up 1.21% of portfolio value over 90 days. Highland Small Cap Equity is currently producing negative expected returns and takes up 1.1119% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Highland, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Highland Small-cap Current Valuation
Overvalued
Today
Please note that Highland Small-cap's price fluctuation is not too volatile at this time. At this time, the entity appears to be overvalued. Highland Small Cap retains a regular Real Value of $5.5 per share. The prevalent price of the fund is $5.73. We determine the value of Highland Small Cap from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Highland Small-cap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Highland Mutual Fund. However, Highland Small-cap'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 5.73 | Real 5.5 | Hype 5.73 | Naive 5.58 |
The intrinsic value of Highland Small-cap'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, news, and other external factors that may influence Highland Small-cap's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Highland Small Cap Equity helps investors to forecast how Highland mutual 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 Small-cap more accurately as focusing exclusively on Highland Small-cap's fundamentals will not take into account other important factors: Highland Small-cap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highland Small-cap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Highland Small Cap Equity, and traders can use it to determine the average amount a Highland Small-cap'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 = -0.0323
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HSZAX |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Highland Small-cap is not performing at its full potential. However, 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 Small-cap by adding Highland Small-cap to a well-diversified portfolio.
Highland Small-cap Fundamentals Growth
Highland Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Highland Small-cap, and Highland Small-cap 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 Mutual Fund performance.
| Price To Earning | 18.12 X | |||
| Price To Book | 1.56 X | |||
| Price To Sales | 0.83 X | |||
| Total Asset | 7.63 M | |||
About Highland Small-cap Performance
Evaluating Highland Small-cap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Highland Small-cap 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 Small-cap has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets under normal circumstances in equity securities, such as common and preferred stocks, of climate tech companies, plus borrowing for investment purposes. Highland Small-Cap is traded on NASDAQ Exchange in the United States.Things to note about Highland Small Cap performance evaluation
Checking the ongoing alerts about Highland Small-cap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Highland Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Highland Small Cap is not yet fully synchronised with the market data | |
| Highland Small Cap generated a negative expected return over the last 90 days | |
| Highland Small Cap generated five year return of -11.0% |
- Analyzing Highland Small-cap'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 Small-cap's stock is overvalued or undervalued compared to its peers.
- Examining Highland Small-cap'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 Small-cap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Highland Small-cap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Highland Small-cap's mutual fund. These opinions can provide insight into Highland Small-cap's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Highland Mutual Fund
Highland Small-cap 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 Small-cap security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
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