Highland Longshort Healthcare Fund Analysis

HHCAX Fund  USD 15.05  0.01  0.07%   
Highland Longshort Healthcare is overvalued with Real Value of 13.8 and Hype Value of 15.05. The main objective of Highland Longshort fund analysis is to determine its intrinsic value, which is an estimate of what Highland Longshort Healthcare is worth, separate from its market price. There are two main types of Highland Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Highland Longshort Healthcare. On the other hand, technical analysis, focuses on the price and volume data of Highland Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Highland Longshort mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Highland Longshort is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Highland Mutual Fund trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Highland Longshort's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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.

Highland Mutual Fund Analysis Notes

The fund retains all of assets under management (AUM) in equities. Highland Longshort last dividend was 0.06 per share. Large To learn more about Highland Longshort Healthcare call the company at 877-665-1287.

Highland Longshort Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more funds at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Highland Longshort's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Highland Longshort Healthcare or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The fund generated three year return of -6.0%
Highland Longshort retains all of its assets under management (AUM) in equities

Highland Market Capitalization

The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Highland Longshort's market, we take the total number of its shares issued and multiply it by Highland Longshort's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Top Highland Longshort Healthcare Mutual Fund Constituents

RHHBYRoche HoldingOTC StockRoche
SYKStrykerStockMedical Equipment
CTXSCitrix SystemsStockTechnology
QUREUniqure NVStockBiotechnology
IWMIShares Russell 2000EtfSize And Style ETFs
BHVNBiohaven Pharmaceutical HoldingStockBiotechnology
HRTXHeron TherapeutiStockCancer Fighters
GILDGilead SciencesStockMacroaxis Index
NXTCNextCureStockBiotechnology
AXNXAxonics Modulation TechnologiesStockHealth Care Equipment & Supplies
TMOThermo Fisher ScientificStockMeasuring and Control Equipment
FOLDAmicus TherapeuticsStockBiotechnology
SRNESorrento TherapeStockSorrento
BIOBio Rad LaboratoriesStockMeasuring and Control Equipment
OMICSingular Genomics SystemsStockOffice Supplies
XBISPDR SP BiotechEtfHealth Care ETFs
EWEdwards Lifesciences CorpStockMedical Equipment
GBTGlobal Blood TherapeuticsStockGlobal
BLIBLI OldStockBLI
TAKTakeda Pharmaceutical CoStockPharmaceuticals
NERVMinerva NeurosciencesStockBiotechnology
MRKMerck CompanyStockGiant Impact
CNCCentene CorpStockObamacare
NVSNovartis AG ADRStockHealthcare
ANTMAnthem IncStockAnthem
ABBVAbbVie IncStockCannabis

Technical Drivers

As of the 18th of March 2024, Highland Longshort retains the Coefficient Of Variation of 401.76, risk adjusted performance of 0.1308, and Market Risk Adjusted Performance of (11.38). Highland Longshort technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. 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 analyze eighteen technical drivers for Highland Longshort, which can be compared to its competitors. Please check out Highland Longshort downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Highland Longshort is priced fairly, providing market reflects its last-minute price of 15.05 per share.

Highland Longshort Price Movement Analysis

null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Highland Longshort middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Highland Longshort. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Highland Longshort Predictive Daily Indicators

Highland Longshort intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Highland Longshort mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Highland Longshort Forecast Models

Highland Longshort's time-series forecasting models are one of many Highland Longshort's mutual fund analysis techniques aimed at predicting 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 market movement and maximize returns from investment trading.

About Highland Mutual Fund Analysis

Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Highland Longshort prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Highland shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Highland Longshort. By using and applying Highland Mutual Fund analysis, traders can create a robust methodology for identifying Highland entry and exit points for their positions.
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.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Highland Longshort to your portfolios without increasing risk or reducing expected return.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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.
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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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.