HIGHLAND Mutual Fund Valuation

HHCAX Fund  USD 14.30  0.01  0.07%   
Do you wonder what the value of HIGHLAND LONGSHORT is? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as HIGHLAND LONGSHORT, is its stock price multiplied by the total number of shares outstanding, calculating HIGHLAND LONGSHORT's enterprise value requires a different approach. It uses HIGHLAND LONGSHORT's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
HIGHLAND LONGSHORT retains a regular Real Value of $14.29 per share. The prevalent price of the fund is $14.3. At this time, the entity appears to be fairly valued. We determine the value of HIGHLAND LONGSHORT from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, in the future, mutual fund prices and their ongoing real values will come together.
  
HIGHLAND LONGSHORT Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as HIGHLAND LONGSHORT's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Fairly Valued
Today 14.30
Please note that HIGHLAND LONGSHORT's price fluctuation is very steady at this time.
HIGHLAND LONGSHORT retains a regular Real Value of $14.29 per share. The prevalent price of the fund is $14.3. At this time, the entity appears to be fairly valued. We determine the value of HIGHLAND LONGSHORT from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, in the future, mutual fund prices and their ongoing real values will come together.
Our valuation method for HIGHLAND LONGSHORT HEALTHCARE is useful when determining the fair value of the HIGHLAND mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of HIGHLAND LONGSHORT. Since HIGHLAND LONGSHORT is currently traded on the exchange, buyers and sellers on that exchange determine the market value of HIGHLAND Mutual Fund. However, HIGHLAND LONGSHORT's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
14.29
Real Value
14.42
Upside
Estimating the potential upside or downside of HIGHLAND LONGSHORT HEALTHCARE helps investors to forecast how HIGHLAND mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of HIGHLAND LONGSHORT more accurately as focusing exclusively on HIGHLAND LONGSHORT's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.2214.2814.34
Details
Hype
Prediction
LowEstimated ValueHigh
14.1714.3014.43
Details
Naive
Forecast
LowNext ValueHigh
14.1114.2414.37
Details

HIGHLAND LONGSHORT Valuation Ratios as Compared to Competition

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 price to book among similar funds. It is one of the top funds in five year return among similar funds reporting about  0.18  of Five Year Return per Price to Book. The ratio of Price to Book to Five Year Return for HIGHLAND LONGSHORT HEALTHCARE is roughly  5.47 . 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.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates HIGHLAND LONGSHORT's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in HIGHLAND LONGSHORT and how it compares across the competition.

About HIGHLAND LONGSHORT Valuation

The fund valuation mechanism determines the current worth of HIGHLAND LONGSHORT HEALTHCARE on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of HIGHLAND LONGSHORT HEALTHCARE. In general, an absolute valuation paradigm, as applied to this mutual fund, attempts to find the value of HIGHLAND LONGSHORT based exclusively on its fundamental and basic technical indicators. By analyzing HIGHLAND LONGSHORT's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of HIGHLAND LONGSHORT's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of HIGHLAND LONGSHORT. We calculate exposure to HIGHLAND LONGSHORT's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to HIGHLAND LONGSHORT's related companies.
Fiscal Year End
June
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.

8 Steps to conduct HIGHLAND LONGSHORT's Valuation Analysis

Mutual Fund's valuation is the process of determining the worth of a mutual fund in monetary terms. It estimates a Mutual Fund's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of mutual fund valuation is a single number representing a Mutual Fund's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct HIGHLAND LONGSHORT's valuation analysis, follow these 8 steps:
  • Gather financial information: Obtain HIGHLAND LONGSHORT's financial statements, including balance sheets, income statements, and cash flow statements.
  • Determine HIGHLAND LONGSHORT's revenue streams: Identify HIGHLAND LONGSHORT's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
  • Analyze market data: Research HIGHLAND LONGSHORT's industry and market trends, including the size of the market, growth rate, and competition.
  • Establish HIGHLAND LONGSHORT's growth potential: Evaluate HIGHLAND LONGSHORT's management, business model, and growth potential.
  • Determine HIGHLAND LONGSHORT's financial performance: Analyze its financial statements to assess its historical performance and future potential.
  • Choose a valuation method: Consider the Mutual Fund's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
  • Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate HIGHLAND LONGSHORT's estimated value.
  • Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Note: This is a general outline, and different approaches and methods may be used depending on the type and size of the mutual fund being valued. We also recomment to seek professional assistance to ensure accuracy.
Please check Risk vs Return 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.