Highland Merger Arbitrage Fund Manager Performance Evaluation
| HMEAX Fund | USD 19.50 0.01 0.05% |
The fund retains a Market Volatility (i.e., Beta) of 0.0278, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Highland Merger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Highland Merger is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Highland Merger Arbitrage are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Highland Merger is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 31st of October 2022 | |
| Expense Ratio | 2.4900 |
Highland |
Highland Merger Relative Risk vs. Return Landscape
If you would invest 1,934 in Highland Merger Arbitrage on September 15, 2024 and sell it today you would earn a total of 16.00 from holding Highland Merger Arbitrage or generate 0.83% return on investment over 90 days. Highland Merger Arbitrage is currently producing 0.0129% returns and takes up 0.2072% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Highland, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Highland Merger Current Valuation
Fairly Valued
Today
Please note that Highland Merger's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Highland Merger Arbitrage retains a regular Real Value of $19.5 per share. The prevalent price of the fund is $19.5. We determine the value of Highland Merger Arbitrage from evaluating 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, at some point, mutual fund prices and their ongoing real values will come together.
Since Highland Merger is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Highland Mutual Fund. However, Highland Merger'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 19.5 | Real 19.5 | Hype 19.5 | Naive 19.46 |
The intrinsic value of Highland Merger'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 Merger'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 Merger Arbitrage 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 Merger more accurately as focusing exclusively on Highland Merger's fundamentals will not take into account other important factors: Highland Merger Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highland Merger's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Highland Merger Arbitrage, and traders can use it to determine the average amount a Highland Merger'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 = 0.0622
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HMEAX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Highland Merger is performing at about 4% 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 Merger by adding it to a well-diversified portfolio.
Highland Merger Fundamentals Growth
Highland Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Highland Merger, and Highland Merger 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 Mutual Fund performance.
| Total Asset | 69.14 M | ||||
About Highland Merger Performance
Evaluating Highland Merger's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Highland Merger has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Highland Merger has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of the value of its total assets in securities of companies that are involved in publicly-announced mergers or companies that the Adviser believes may be involved in Merger Transactions. It engages in risk arbitrage strategies, particularly merger arbitrage strategies, in order to achieve its investment objective. The fund is non-diversified.Things to note about Highland Merger Arbitrage performance evaluation
Checking the ongoing alerts about Highland Merger for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Highland Merger Arbitrage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 99.99% of its assets under management (AUM) in equities |
- Analyzing Highland Merger'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 Merger's stock is overvalued or undervalued compared to its peers.
- Examining Highland Merger'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 Merger's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Highland Merger's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Highland Merger's mutual fund. These opinions can provide insight into Highland Merger's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Highland Mutual Fund
Highland Merger financial ratios help investors to determine whether Highland Mutual 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 Merger security.
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