Highland Merger Net Asset vs. One Year Return
| HMEAX Fund | USD 19.45 0.02 0.10% |
For Highland Merger profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Highland Merger to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Highland Merger Arbitrage utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Highland Merger's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Highland Merger Arbitrage over time as well as its relative position and ranking within its peers.
Highland |
Highland Merger Arbitrage One Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Highland Merger's current stock value. Our valuation model uses many indicators to compare Highland Merger value to that of its competitors to determine the firm's financial worth. Highland Merger Arbitrage is one of the top funds in net asset among similar funds. It also is one of the top funds in one year return among similar funds . The ratio of Net Asset to One Year Return for Highland Merger Arbitrage is about 191,480,463 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Highland Merger's earnings, one of the primary drivers of an investment's value.Highland One Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Highland Merger |
| = | 1.03 B |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Highland Merger |
| = | 5.38 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Highland One Year Return Comparison
Highland Merger is currently under evaluation in one year return among similar funds.
Highland Merger Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Highland Merger, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Highland Merger will eventually generate negative long term returns. The profitability progress is the general direction of Highland Merger's change in net profit over the period of time. It can combine multiple indicators of Highland Merger, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Highland Merger. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Highland Merger position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Highland Merger's important profitability drivers and their relationship over time.
| Net Asset vs Annual Yield | ||
| Year To Date Return vs One Year Return | ||
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| Five Year Return vs One Year Return | ||
| Net Asset vs Equity Positions Weight |
Use Highland Merger in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Highland Merger position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Highland Merger will appreciate offsetting losses from the drop in the long position's value.Highland Merger Pair Trading
Highland Merger Arbitrage Pair Trading Analysis
The ability to find closely correlated positions to Highland Merger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Highland Merger when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Highland Merger - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Highland Merger Arbitrage to buy it.
The correlation of Highland Merger is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Highland Merger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Highland Merger Arbitrage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Highland Merger can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Highland Merger position
In addition to having Highland Merger in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
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Other Information on Investing in Highland Mutual Fund
To fully project Highland Merger's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Highland Merger Arbitrage at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Highland Merger's income statement, its balance sheet, and the statement of cash flows.
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