Highland Floating Rate Fund Manager Performance Evaluation
| HFRO Fund | USD 5.89 0.01 0.17% |
The fund retains a Market Volatility (i.e., Beta) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Highland Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Highland Floating is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Highland Floating Rate are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of very healthy basic indicators, Highland Floating is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors.
...more1 | Highland Fund Announces December Investor Call to Review Portfolio Performance HFRO Stock News - StockTitan | 11/22/2024 |
| Expense Ratio | 1.1800 |
Highland |
Highland Floating Relative Risk vs. Return Landscape
If you would invest 577.00 in Highland Floating Rate on September 2, 2024 and sell it today you would earn a total of 12.00 from holding Highland Floating Rate or generate 2.08% return on investment over 90 days. Highland Floating Rate is currently generating 0.0435% in daily expected returns and assumes 1.5393% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of funds are less volatile than Highland, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Highland Floating Current Valuation
Fairly Valued
Today
Please note that Highland Floating's price fluctuation is somewhat reliable at this time. At this time, the entity appears to be fairly valued. Highland Floating Rate retains a regular Real Value of $5.85 per share. The prevalent price of the fund is $5.89. We determine the value of Highland Floating Rate from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage obtaining undervalued funds and abandoning overvalued funds since, at some point, fund prices and their ongoing real values will come together.
Since Highland Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Highland Fund. However, Highland Floating'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. | Historical | Market 5.89 | Real 5.85 | Hype 5.89 | Naive 6.17 |
The intrinsic value of Highland Floating's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Highland Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Highland Floating Rate helps investors to forecast how Highland 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 Floating more accurately as focusing exclusively on Highland Floating's fundamentals will not take into account other important factors: Highland Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highland Floating's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Highland Floating Rate, and traders can use it to determine the average amount a Highland Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0282
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HFRO |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Highland Floating is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Highland Floating by adding it to a well-diversified portfolio.
Highland Floating Fundamentals Growth
Highland Fund prices reflect investors' perceptions of the future prospects and financial health of Highland Floating, and Highland Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Highland Fund performance.
| Shares Outstanding | 71.42 M | ||||
| Price To Earning | 4.67 X | ||||
| Earnings Per Share | 2.45 X | ||||
About Highland Floating Performance
By examining Highland Floating's fundamental ratios, stakeholders can obtain critical insights into Highland Floating's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Highland Floating is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Highland Funds I - Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships. The fund seeks to invest in below investment grade securities. It also invests through derivatives. The fund benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. It was formerly known as Highland Funds I - Highland Income Fund. Highland Funds I - Highland Opportunities and Income Fund was formed on January 13, 2000 and is domiciled in the United States.Things to note about Highland Floating Rate performance evaluation
Checking the ongoing alerts about Highland Floating for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Highland Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Highland Fund Announces December Investor Call to Review Portfolio Performance HFRO Stock News - StockTitan |
- Analyzing Highland Floating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Highland Floating's stock is overvalued or undervalued compared to its peers.
- Examining Highland Floating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Highland Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Highland Floating's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Highland Floating's fund. These opinions can provide insight into Highland Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Highland Fund
Highland Floating financial ratios help investors to determine whether Highland Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Highland with respect to the benefits of owning Highland Floating security.
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