Highland Longshort Healthcare Fund Net Asset
HHCAX Fund | USD 15.05 0.01 0.07% |
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. The fundamental analysis module provides a way to measure Highland Longshort's intrinsic value by examining its available economic and financial indicators, 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.
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Highland Net Asset Analysis
Highland Longshort's 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.
Current Highland Longshort Net Asset | 28.36 M |
Most of Highland Longshort's fundamental indicators, such as Net Asset, 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.
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.
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Highland Longshort Net Asset Component Assessment
Based on the recorded statements, Highland Longshort Healthcare has a Net Asset of 28.36 M. This is much higher than that of the Highland Funds family and significantly higher than that of the Event Driven category. The net asset for all United States funds is notably lower than that of the firm.
Highland Net Asset 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 Net Asset 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 net asset among similar funds.
Fund Asset Allocation for Highland Longshort
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Highland Longshort's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Highland Fundamentals
Price To Earning | 25.77 X | ||||
Price To Book | 2.46 X | ||||
Price To Sales | 1.23 X | ||||
Total Asset | 5.99 M | ||||
Annual Yield | 0.02 % | ||||
Year To Date Return | 2.80 % | ||||
One Year Return | 8.56 % | ||||
Three Year Return | (5.89) % | ||||
Five Year Return | 0.35 % | ||||
Ten Year Return | 5.81 % | ||||
Net Asset | 28.36 M | ||||
Last Dividend Paid | 0.06 | ||||
Equity Positions Weight | 100.00 % |
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 achieve its investment objective by primarily investing in equity, debt, andor derivative securities of companies that the Adviser expects to benefit from an event catalyst. It may invest significantly in the common stock of and other interests in special purpose acquisition companies or similar special purpose entities that pool funds to seek potential acquisition opportunities . The fund may invest in SPACs for a variety of investment purposes, including to achieve income. It is non-diversified.
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Try AI Portfolio ArchitectCheck out 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 the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Highland Mutual Fund analysis
When running Highland Longshort's 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 the 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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