Highland Mutual Fund Probability of Future Mutual Fund Price Finishing Over 14.79

HHCAX -  USA Fund  

USD 14.79  0.20  1.33%

Highland LongShort's future price is the expected price of Highland LongShort instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Highland LongShort Healthcare performance during a given time horizon utilizing its historical volatility.

Highland Price Probability 

 
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Please check Highland LongShort Backtesting, Portfolio Optimization, Highland LongShort Correlation, Highland LongShort Hype Analysis, Highland LongShort Volatility, Highland LongShort History as well as Highland LongShort Performance. Please specify Highland LongShort time horizon, a valid symbol (red box) and a target price (blue box) you would like Highland LongShort odds to be computed.
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Highland LongShort Target Price Odds to finish over 14.79

The tendency of Highland Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for foresting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 14.79 90 days 14.79  about 91.69
Based on a normal probability distribution, the odds of Highland LongShort to move above the current price in 90 days from now is about 91.69 (This Highland LongShort Healthcare probability density function shows the probability of Highland Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Highland LongShort has a beta of 0.58. This usually indicates as returns on the market go up, Highland LongShort average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Highland LongShort Healthcare will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Highland LongShort is significantly underperforming DOW.
 Highland LongShort Price Density 
      Price 

Predictive Modules for Highland LongShort

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Highland LongShort. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Highland LongShort's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Highland LongShort in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
13.4614.9916.52
Details
Intrinsic
Valuation
LowReal ValueHigh
13.5915.1216.65
Details
Naive
Forecast
LowNext ValueHigh
14.2715.8017.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.4614.8915.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Highland LongShort. Your research has to be compared to or analyzed against Highland LongShort's peers to derive any actionable benefits. When done correctly, Highland LongShort's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Highland LongShort.

Highland LongShort Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Highland LongShort is not an exception. The market had few large corrections towards the Highland LongShort's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Highland LongShort Healthcare, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Highland LongShort within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.14
β
Beta against DOW0.58
σ
Overall volatility
0.65
Ir
Information ratio -0.1

Highland LongShort Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Highland LongShort for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Highland LongShort can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Highland LongShort generated a negative expected return over the last 90 days
Highland LongShort is unlikely to experience financial distress in the next 2 years
The fund retains about 5.36% of its assets under management (AUM) in cash

Highland LongShort Technical Analysis

Highland LongShort's future price can be derived by breaking down and analyzing its technical indicators over time. Highland Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Highland LongShort Healthcare. In general, you should focus on analyzing Highland Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Highland LongShort Predictive Forecast Models

Highland LongShort time-series forecasting models is one of many Highland LongShort's mutual fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Highland LongShort's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Highland LongShort

Checking the ongoing alerts about Highland LongShort for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Highland LongShort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Highland LongShort Alerts

Highland LongShort Alerts and Suggestions

Highland LongShort generated a negative expected return over the last 90 days
Highland LongShort is unlikely to experience financial distress in the next 2 years
The fund retains about 5.36% of its assets under management (AUM) in cash
Please check Highland LongShort Backtesting, Portfolio Optimization, Highland LongShort Correlation, Highland LongShort Hype Analysis, Highland LongShort Volatility, Highland LongShort History as well as Highland LongShort Performance. Note that the Highland LongShort information on this page should be used as a complementary analysis to other Highland LongShort's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Highland Mutual Fund analysis

When running Highland LongShort price analysis, check to measure Highland LongShort's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Highland LongShort is operating at the current time. Most of Highland LongShort's value examination focuses on studying past and present price action to predict the probability of Highland LongShort's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Highland LongShort's price. Additionally, you may evaluate how the addition of Highland LongShort to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Highland LongShort's value and its price as these two are different measures arrived at by different means. Investors typically determine Highland LongShort value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highland LongShort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.