Highland Floating Rate Fund Technical Analysis
| XHFOX Fund | USD 14.46 0.88 0.08% |
As of the 19th of April, Highland Floating retains the Risk Adjusted Performance of 0.0196, downside deviation of 0.3458, and Market Risk Adjusted Performance of (0.16). Our technical analysis interface lets you check existing technical drivers of Highland Floating Rate, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Highland Floating Rate, which can be compared to its competitors. Please check out Highland Floating Rate coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Highland Floating is priced fairly, providing market reflects its last-minute price of 12.83 per share.
Highland Floating Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Highland, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HighlandHighland |
Highland Floating 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.
Highland Floating Rate Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Highland Floating Rate volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Highland Floating Rate Trend Analysis
Use this graph to draw trend lines for Highland Floating Rate. You can use it to identify possible trend reversals for Highland Floating as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Highland Floating price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Highland Floating Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Highland Floating Rate applied against its price change over selected period. The best fit line has a slop of 0 , which means Highland Floating Rate will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.68, which is the sum of squared deviations for the predicted Highland Floating price change compared to its average price change.About Highland Floating Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Highland Floating Rate on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Highland Floating Rate based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Highland Floating Rate price pattern first instead of the macroeconomic environment surrounding Highland Floating Rate. By analyzing Highland Floating's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Highland Floating's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Highland Floating specific price patterns or momentum indicators. Please read more on our technical analysis page.
Highland Floating April 19, 2024 Technical Indicators
Most technical analysis of Highland help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Highland from various momentum indicators to cycle indicators. When you analyze Highland charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0196 | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 0.1605 | |||
| Semi Deviation | 0.2007 | |||
| Downside Deviation | 0.3458 | |||
| Coefficient Of Variation | 1839.51 | |||
| Standard Deviation | 0.2574 | |||
| Variance | 0.0663 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | 0.0054 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 1.58 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.3891 | |||
| Downside Variance | 0.1196 | |||
| Semi Variance | 0.0403 | |||
| Expected Short fall | (0.20) | |||
| Skewness | 0.3125 | |||
| Kurtosis | 4.58 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Highland Floating Rate. 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 persons. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Please note, there is a significant difference between Highland Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Highland Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highland Floating'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.