sotnkρ +0.33beyond mkt +0.22holdout +0.35stable 75%robust
HGLB Highland Global Allocation Fund
- Last close
- 5.54
- 504-day return
- -6.94%
- Median $/day
- $504k
- Relationships shown
- 13
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
HGLB vs HFRO
Both indexed to 100 at 2026-05-11.
Moves with HGLB
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.41beyond mkt +0.20holdout +0.51stable 88%robust
ρ +0.39beyond mkt +0.19holdout +0.41stable 100%robust
ρ +0.33beyond mkt +0.19holdout +0.28stable 88%robust
ρ +0.36beyond mkt +0.18holdout +0.42stable 88%robust
ρ +0.40beyond mkt +0.18holdout +0.42stable 88%robust
Moves against HGLB
ρ -0.32beyond mkt -0.01holdout -0.42stable 75%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.55holdout +0.51stable 50%moderate
horizon 10dρ +0.55holdout +0.62stable 100%robust
horizon 10dρ +0.42holdout +0.34stable 75%robust
horizon 10dρ +0.42holdout +0.39stable 75%robust
horizon 10dρ +0.41holdout +0.37stable 50%moderate
horizon 10dρ +0.41holdout +0.35stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.52recent -0.31prior +0.21beyond mkt -0.05
Δ +0.41recent +0.45prior +0.05beyond mkt +0.00
Δ +0.37recent +0.37prior +0.00beyond mkt +0.00
Δ +0.33recent +0.50prior +0.18beyond mkt +0.08
Δ +0.32recent +0.63prior +0.31beyond mkt -0.04
Δ +0.32recent +0.60prior +0.28beyond mkt +0.04