Highland Global Fund Forecast - Simple Moving Average

HGLB Fund  USD 8.82  0.08  0.90%   
The Simple Moving Average forecasted value of Highland Global Allocation on the next trading day is expected to be 8.82 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.65. Highland Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Highland Global stock prices and determine the direction of Highland Global Allocation's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Highland Global's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Highland Global's share price is below 20 . This usually indicates that the fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Highland Global's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Highland Global Allocation, which may create opportunities for some arbitrage if properly timed.
Using Highland Global hype-based prediction, you can estimate the value of Highland Global Allocation from the perspective of Highland Global response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Highland Global Allocation on the next trading day is expected to be 8.82 with a mean absolute deviation of 0.13 and the sum of the absolute errors of 7.65.

Highland Global after-hype prediction price

    
  USD 8.82  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Highland Global to cross-verify your projections.

Highland Global Additional Predictive Modules

Most predictive techniques to examine Highland price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Highland using various technical indicators. When you analyze Highland charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A two period moving average forecast for Highland Global is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Highland Global Simple Moving Average Price Forecast For the 26th of January

Given 90 days horizon, the Simple Moving Average forecasted value of Highland Global Allocation on the next trading day is expected to be 8.82 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.65.
Please note that although there have been many attempts to predict Highland Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Highland Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Highland Global Fund Forecast Pattern

Backtest Highland GlobalHighland Global Price PredictionBuy or Sell Advice 

Highland Global Forecasted Value

In the context of forecasting Highland Global's Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Highland Global's downside and upside margins for the forecasting period are 7.35 and 10.29, respectively. We have considered Highland Global's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
8.82
8.82
Expected Value
10.29
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Highland Global fund data series using in forecasting. Note that when a statistical model is used to represent Highland Global fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria110.9359
BiasArithmetic mean of the errors 0.0221
MADMean absolute deviation0.1296
MAPEMean absolute percentage error0.0139
SAESum of the absolute errors7.645
The simple moving average model is conceptually a linear regression of the current value of Highland Global Allocation price series against current and previous (unobserved) value of Highland Global. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Highland Global

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Highland Global Allo. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
7.358.8210.29
Details
Intrinsic
Valuation
LowRealHigh
7.508.9710.44
Details

Highland Global After-Hype Price Prediction Density Analysis

As far as predicting the price of Highland Global at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Highland Global or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Fund prices, such as prices of Highland Global, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Highland Global Estimiated After-Hype Price Volatility

In the context of predicting Highland Global's fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Highland Global's historical news coverage. Highland Global's after-hype downside and upside margins for the prediction period are 7.35 and 10.29, respectively. We have considered Highland Global's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
8.82
8.82
After-hype Price
10.29
Upside
Highland Global is not too volatile at this time. Analysis and calculation of next after-hype price of Highland Global Allo is based on 3 months time horizon.

Highland Global Fund Price Prediction Analysis

Have you ever been surprised when a price of a Fund such as Highland Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Highland Global backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Highland Global, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.15 
1.47
 0.00  
 0.00  
0 Events / Month
2 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
8.82
8.82
0.00 
0.00  
Notes

Highland Global Hype Timeline

Highland Global Allo is currently traded for 8.82. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Highland is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at -0.15%. %. The volatility of related hype on Highland Global is about 11307.69%, with the expected price after the next announcement by competition of 8.82. About 24.0% of the company shares are held by company insiders. The company last dividend was issued on the 22nd of November 2022. Given the investment horizon of 90 days the next expected press release will be in a few days.
Check out Historical Fundamental Analysis of Highland Global to cross-verify your projections.

Highland Global Related Hype Analysis

Having access to credible news sources related to Highland Global's direct competition is more important than ever and may enhance your ability to predict Highland Global's future price movements. Getting to know how Highland Global's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Highland Global may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
EODWells Fargo Advantage 0.00 0 per month 0.58  0.03  1.26 (1.03) 3.59 
RIVRivernorth Opportunities 0.00 0 per month 0.39  0.03  0.98 (0.82) 2.96 
OPPRiverNorthDoubleLine Strategic(0.01)8 per month 0.00 (0.22) 0.77 (1.14) 2.43 
DNMDXDunham Monthly Distribution 0.02 1 per month 0.00 (0.66) 0.14 (0.10) 0.31 
GLOClough Global Opportunities 0.00 0 per month 0.72  0.0002  1.27 (1.25) 3.38 
HSFNXHennessy Small Cap 0.00 0 per month 0.85  0.15  3.76 (1.52) 13.11 
RLTYCohen Steers Real 0.00 0 per month 0.00 (0.14) 0.97 (1.14) 3.17 
TSITCW Strategic Income 0.01 5 per month 0.29 (0.13) 0.64 (0.61) 2.48 
PSFCohen and Steers 0.00 0 per month 0.00 (0.18) 0.54 (0.75) 2.10 
SPESpecial Opportunities Closed 0.11 4 per month 0.73 (0.02) 0.76 (0.91) 4.57 

Other Forecasting Options for Highland Global

For every potential investor in Highland, whether a beginner or expert, Highland Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Highland Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Highland. Basic forecasting techniques help filter out the noise by identifying Highland Global's price trends.

Highland Global Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Highland Global fund to make a market-neutral strategy. Peer analysis of Highland Global could also be used in its relative valuation, which is a method of valuing Highland Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Highland Global Market Strength Events

Market strength indicators help investors to evaluate how Highland Global fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Highland Global shares will generate the highest return on investment. By undertsting and applying Highland Global fund market strength indicators, traders can identify Highland Global Allocation entry and exit signals to maximize returns.

Highland Global Risk Indicators

The analysis of Highland Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Highland Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting highland fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Highland Global

The number of cover stories for Highland Global depends on current market conditions and Highland Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Highland Global is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Highland Global's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Highland Fund

Highland Global 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 Global security.
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