Highland Longshort Healthcare Fund Buy Hold or Sell Recommendation

HHCAX Fund  USD 15.05  0.01  0.07%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Highland Longshort Healthcare is 'Strong Sell'. Macroaxis provides Highland Longshort buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HHCAX positions. The advice algorithm takes into account all of Highland Longshort's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
13.8
Hype Value
15.05
Market Value
15.05
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Highland Longshort Healthcare given historical horizon and risk tolerance towards Highland Longshort. When Macroaxis issues a 'buy' or 'sell' recommendation for Highland Longshort Healthcare, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Highland Longshort Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Highland and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Highland Longshort Healthcare. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Highland Longshort Buy or Sell Advice

The Highland recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Highland Longshort Healthcare. Macroaxis does not own or have any residual interests in Highland Longshort Healthcare or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Highland Longshort's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Highland LongshortBuy Highland Longshort
Strong Sell

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Highland Longshort Healthcare has a Mean Deviation of 0.1219, Standard Deviation of 0.1729, Variance of 0.0299, Downside Variance of 0.0196, Semi Variance of (0.03) and Expected Short fall of (0.16)
Our advice tool can cross-verify current analyst consensus on Highland Longshort and to analyze the fund potential to grow in the current economic cycle. Use Highland Longshort number of employees, three year return, as well as the relationship between the Three Year Return and equity positions weight to ensure your buy or sell decision on Highland Longshort is adequate.

Highland Longshort Trading Alerts and Improvement Suggestions

The fund generated three year return of -6.0%
Highland Longshort retains all of its assets under management (AUM) in equities

Highland Longshort Returns Distribution Density

The distribution of Highland Longshort's historical returns is an attempt to chart the uncertainty of Highland Longshort's future price movements. The chart of the probability distribution of Highland Longshort stock daily returns describes the distribution of returns around its average expected value. We use Highland Longshort Healthcare price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Highland Longshort returns is essential to provide solid investment advice for Highland Longshort.
Mean Return
0.04
Value At Risk
-0.14
Potential Upside
0.33
Standard Deviation
0.17
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Highland Longshort historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Highland Longshort Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Highland Longshort or Highland Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Highland Longshort's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Highland fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.03
β
Beta against NYSE Composite-0.0029
σ
Overall volatility
0.17
Ir
Information ratio -0.58

Highland Longshort Volatility Alert

Highland Longshort Healthcare exhibits very low volatility with skewness of 1.79 and kurtosis of 7.35. However, we advise investors to further study Highland Longshort Healthcare technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Highland Longshort's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Highland Longshort's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Highland Longshort Fundamentals Vs Peers

Comparing Highland Longshort's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Highland Longshort's direct or indirect competition across all of the common fundamentals between Highland Longshort and the related equities. This way, we can detect undervalued stocks with similar characteristics as Highland Longshort or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Highland Longshort's fundamental indicators could also be used in its relative valuation, which is a method of valuing Highland Longshort by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Highland Longshort to competition
FundamentalsHighland LongshortPeer Average
Price To Earning25.77 X6.53 X
Price To Book2.46 X0.74 X
Price To Sales1.23 X0.61 X
Annual Yield0.02 %0.29 %
Year To Date Return2.80 %0.39 %
One Year Return8.56 %4.15 %
Three Year Return(5.89) %3.60 %
Five Year Return0.35 %3.24 %
Ten Year Return5.81 %1.79 %
Net Asset28.36 M4.11 B
Last Dividend Paid0.060.65
Equity Positions Weight100.00 %63.90 %

Highland Longshort Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Highland . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Highland Longshort Buy or Sell Advice

When is the right time to buy or sell Highland Longshort Healthcare? Buying financial instruments such as Highland Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Highland Longshort 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.

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Hotels Theme
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 37 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 Hotels Theme or any other thematic opportunities.
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Check out Highland Longshort Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
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 the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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 if Highland Longshort is a good investment 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.