Highland Mutual Fund Valuation

HHCAX -  USA Fund  

USD 14.99  0.05  0.33%

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 $15.12 per share. The prevalent price of the fund is $14.99. At this time, the entity appears to be fairly valued. We determine the value of Highland LongShort from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued assets and dropping overvalued assets since, at some point, stock prices and their ongoing real values will come together.

Highland Valuation 

 
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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
14.99
17th of October 2021
Share
Please note that Highland LongShort's price fluctuation is very steady at this time.
Highland LongShort retains a regular Real Value of $15.12 per share. The prevalent price of the fund is $14.99. At this time, the entity appears to be fairly valued. We determine the value of Highland LongShort from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued assets and dropping overvalued assets since, at some point, stock 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.
15.12
Real Value
16.65
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
14.6115.2716.59
Details
Hype
Prediction
LowEstimated ValueHigh
13.4614.9916.52
Details
Naive
Forecast
LowNext ValueHigh
14.2715.8017.33
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 one year return among similar funds. It is one of the top funds in three year return among similar funds reporting about  0.99  of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Highland LongShort Healthcare is roughly  1.01 

About Highland LongShort Valuation

The equity 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.
The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective by investing at least 80 percent of the value of its total assets under normal circumstances in securities of companies principally engaged in the design, development, production, sale, management or distribution of products, services or facilities used for or in connection with healthcare or medicine . It is non-diversified.

Highland LongShort Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Highland LongShort does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Annual Report Expense Ratio2.75%
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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.