Highland Fundamentals

HHCAX -  USA Fund  

USD 13.81  0.02  0.14%

Highland LongShort Healthcare fundamentals help investors to digest information that contributes to Highland LongShort's financial success or failures. It also enables traders to predict the movement of Highland Mutual Fund. This fundamental analysis module provides a way for investors to measures Highland LongShort's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Highland LongShort mutual fund. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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Highland Price to Sales Analysis

Highland LongShort's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
P/S 
 = 
MV Per Share 
Revenue Per Share 
More About Price to Sales | All Equity Analysis

Current Highland LongShort Price to Sales

    
  1.23 X  
Most of Highland LongShort's fundamental indicators, such as Price to Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Highland LongShort Healthcare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Highland LongShort Price to Sales Component Assessment

Based on the latest financial disclosure, the price to sales indicator of Highland LongShort Healthcare is roughly 1.23 times. This is much higher than that of the Highland Funds family and significantly higher than that of the Long-Short Equity category. The price to sales for all United States funds is notably lower than that of the firm.

Highland LongShort Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Highland LongShort's current stock value. Our valuation model uses many indicators to compare Highland LongShort value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Highland LongShort competition to find correlations between indicators driving Highland LongShort's intrinsic value. More Info.
Highland LongShort Healthcare is one of the top funds in equity positions weight among similar funds. It is rated # 5 fund in net asset among similar funds making up about  293,951  of Net Asset per Equity Positions Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Highland LongShort by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Highland LongShort's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 LongShort's earnings, one of the primary drivers of an investment's value.

Highland Five Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Highland LongShort's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Highland LongShort could also be used in its relative valuation, which is a method of valuing Highland LongShort by comparing valuation metrics of similar companies.
Highland LongShort is currently under evaluation in five year return among similar funds.

Fund Asset Allocation for Highland LongShort

The fund consists of 95.39% investments in stocks, with the rest of investments allocated between different money market instruments.
 Value 
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Highland Fundamentals

About Highland LongShort Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Highland LongShort Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Highland LongShort using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Highland LongShort Healthcare based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The fund seeks to primarily invest in equity, debt, andor derivative securities of companies that the Adviser expects to benefit from an event catalyst. Highland LongShort is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Highland LongShort without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Highland LongShort using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Highland LongShort Piotroski F Score and Highland LongShort Altman Z Score analysis. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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.