Horizon Competitors

Delisted . USA . 
Stock . Horizon Offshore
Horizon Offshore competes with Apogee Therapeutics,, Abcellera Biologics, Ardelyx, Chimerix, and Chart Industries; as well as few others. Analyzing Horizon Offshore competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Horizon Offshore to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Horizon Offshore competition on your existing holdings.
  
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Horizon Offshore. Your research has to be compared to or analyzed against Horizon Offshore's peers to derive any actionable benefits. When done correctly, Horizon Offshore's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Horizon Offshore.

Horizon Offshore Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Horizon Offshore and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Horizon and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Horizon Offshore does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
PRIM
+ 0.97
GTLS
PRIM
+ 0.66
ABCL
GTLS
+ 0.61
ABCL
CPAC
+ 0.59
PRIM
CPAC
+ 0.52
CMRX
CPAC
+ 0.44
GTLS
  
High negative correlations   
PRIM
- 0.62
ARDX
GTLS
- 0.61
ARDX
CPAC
- 0.45
ARDX
ARDX
- 0.43
ABCL
GTLS
- 0.32
APGE
PRIM
- 0.21
APGE

Risk-Adjusted Indicators

There is a big difference between Horizon Stock performing well and Horizon Offshore Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Horizon Offshore's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Horizon Offshore Competitive Analysis

The better you understand Horizon Offshore competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Horizon Offshore's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Horizon Offshore's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
APGE ABCL ARDX CMRX GTLS PRIM BNTX CPAC
 1.01 
 45.15 
Apogee
 0.33 
 3.01 
Abcellera
 0.35 
 5.67 
Ardelyx
 3.30 
 0.88 
Chimerix
 1.20 
 193.25 
Chart
 0.65 
 83.71 
Primoris
 1.93 
 118.39 
BioNTech
 1.59 
 5.75 
Cementos
Market Volatility
(90 Days Market Risk)
Very steady
Slightly risky
Slightly risky
Risky
Very steady
Very steady
Very steady
Somewhat reliable
Market Performance
(90 Days Performance)
Very Weak
OK
Weak
Weak
Solid
Solid
Good
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Average
Low
Low
Low
Very Low
Very Small
Very Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Under Valued
Under Valued
Over Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Hold
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Buy
Strong Buy
Hold
Strong Sell
Current Ratio
N/A
9.86 X
2.31 X
2.18 X
1.31 X
1.48 X
5.15 X
1.14 X
Net Asset
401.4 M
1.49 B
297.58 M
212.77 M
9.1 B
3.83 B
23.01 B
3.22 B
Profit Margin
N/A
N/A
(0.29) %
N/A
0.05 %
0.03 %
(0.15) %
0.09 %
EBITDA
(83.98 M)
(192.16 M)
(55.35 M)
(92.97 M)
578.2 M
357.55 M
1.09 B
490.66 M
Current Valuation
2.06 B
317.31 M
1.26 B
(56.44 M)
11.93 B
5.49 B
10.99 B
838.9 M
Price To Book
3.50 X
0.82 X
8.48 X
0.58 X
2.78 X
3.31 X
1.41 X
1.41 X
Operating Margin
N/A
(14.39) %
0.02 %
(953.58) %
0.17 %
0.06 %
0.02 %
0.23 %
Retained Earnings
(123.77 M)
279.79 M
(846.2 M)
(795.52 M)
922.1 M
961.03 M
19.76 B
430.63 M
Current Asset
N/A
N/A
112.03 M
228.84 M
587.23 M
686.82 M
284.67 M
628.48 M
Five Year Return
N/A
N/A
N/A
N/A
N/A
1.05 %
N/A
N/A
Beta
N/A
0.35
0.91
1.13
1.71
1.06
0.26
0.2
Number Of Employees
91
586
267
72
11.64 K
14.06 K
6.13 K
N/A
Shares Outstanding
43.42 M
295.37 M
236.85 M
89.94 M
42.81 M
53.71 M
239.74 M
84.77 M
Cash Flow From Operations
(74.76 M)
(43.88 M)
(89.72 M)
(69.09 M)
167.2 M
198.55 M
5.37 B
412.32 M
Annual Yield
N/A
N/A
N/A
N/A
N/A
0 %
N/A
N/A
Total Debt
2.03 M
77.38 M
55.98 M
1.3 M
3.9 B
1.32 B
219.1 M
1.58 B
Return On Equity
-0.26
-0.16
-0.42
-0.49
0.0694
0.13
-0.024
0.14
Return On Asset
-0.19
-0.13
-0.12
-0.3
0.0444
0.0478
-0.0124
0.0761
Number Of Shares Shorted
6.62 M
15.93 M
23.31 M
710.25 K
4.14 M
879.05 K
2.47 M
28.74 K
Book Value Per Share
12.55 X
3.65 X
0.67 X
1.51 X
70.66 X
25.28 X
79.73 X
3.13 X
Current Liabilities
N/A
N/A
7.72 M
20.18 M
262.04 M
416.17 M
143.37 M
203.55 M
Total Asset
401.4 M
1.49 B
297.58 M
212.77 M
9.1 B
3.83 B
23.01 B
3.22 B
Short Ratio
18.09 X
6.39 X
4.69 X
2.74 X
9.44 X
2.12 X
2.64 X
2.07 X
Target Price
88.71
12.29
10.67
7.0
193.27
85.0
129.5
5.82
Debt To Equity
N/A
0.06 %
0.56 %
0.1 %
0.58 %
0.81 %
0.01 %
1.18 %
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
0.24
N/A
0.41
Shares Owned By Institutions
88.29 %
38.24 %
61.46 %
45.90 %
99.43 %
96.49 %
20.64 %
6.15 %
Market Capitalization
2.54 B
889.05 M
1.35 B
81.39 M
8.37 B
4.5 B
28.94 B
491.06 M
Price To Earning
N/A
16.67 X
(2.11) X
(3.43) X
15.65 X
9.88 X
5.19 X
21.88 X
Price To Earnings To Growth
N/A
2.22 X
(0.08) X
N/A
0.21 X
0.80 X
0.04 X
1.13 X
Price To Sales
N/A
26.97 X
5.35 X
511.90 X
2.06 X
0.73 X
9.52 X
0.25 X
Net Income
(83.98 M)
(146.4 M)
(66.07 M)
(82.09 M)
47.3 M
126.14 M
1.19 B
168.9 M
Earnings Per Share
(2.43) X
(0.61) X
(0.32) X
(0.94) X
3.52 X
3.03 X
(2.05) X
0.56 X
Shares Owned By Insiders
11.71 %
28.02 %
1.69 %
6.62 %
0.57 %
1.34 %
61.65 %
N/A
Revenue
N/A
38.02 M
124.46 M
324 K
3.35 B
5.72 B
3.82 B
1.95 B
Working Capital
377.85 M
752.97 M
195.72 M
170.67 M
348.2 M
550.2 M
17.46 B
302.86 M
Cash And Equivalents
N/A
868.21 M
90.62 M
42.79 M
149.7 M
91.25 M
9.33 B
277.99 M
Cash Per Share
N/A
3.04 X
0.48 X
0.49 X
4.17 X
1.72 X
38.30 X
3.25 X
Gross Profit
N/A
311.11 M
15.54 M
(36.49 M)
406.4 M
456.88 M
16.07 B
652.03 M
Day Typical Price
44.99
3.0
5.7
0.89
193.99
83.93
118.89
5.77
Accumulation Distribution
0.0359
0.0328
0.031
0.0435
0.0259
0.0156
0.0223
0.0273
Market Facilitation Index
1.64
0.1
0.18
0.04
5.1
1.32
2.69
0.16
Daily Balance Of Power
0.2744
0.1
(0.11)
(0.75)
(0.46)
0.4091
(0.87)
0.5625
Period Momentum Indicator
0.45
0.01
(0.02)
(0.03)
(2.35)
0.54
(2.33)
0.09
Rate Of Daily Change
1.01
1.0
1.0
0.97
0.99
1.01
0.98
1.02
Day Median Price
44.91
3.0
5.71
0.9
194.36
84.04
119.14
5.78
Price Action Indicator
0.46
0.015
(0.05)
(0.04)
(2.28)
(0.06)
(1.91)
0.015
Coefficient Of Variation
(7,134)
1218.97
(20,995)
(2,308)
376.97
403.84
723.03
4835.32
Mean Deviation
2.76
2.84
2.97
2.47
2.08
1.78
2.38
1.2
Jensen Alpha
(0.19)
0.1696
(0.30)
(0.32)
0.4522
0.4314
0.3638
0.1154
Total Risk Alpha
(0.63)
(0.34)
(0.77)
(0.70)
0.2696
0.2144
(0.12)
(0.29)
Sortino Ratio
N/A
0.0568
N/A
N/A
0.2977
0.2528
0.14
(0.04)
Downside Variance
N/A
9.96
N/A
N/A
4.29
4.75
7.13
6.11
Standard Deviation
3.43
3.86
4.44
3.26
2.84
2.78
3.7
1.95
Kurtosis
0.2772
3.74
7.07
(0)
3.23
11.1
7.06
7.85
Potential Upside
5.29
6.88
5.02
5.43
5.4
4.15
5.96
2.85
Treynor Ratio
(0.06)
0.2853
(0.01)
(0.11)
0.3253
0.3501
0.4649
(0.05)
Maximum Drawdown
18.3
22.7
33.99
14.98
13.58
17.09
24.81
14.21
Variance
11.8
14.91
19.75
10.62
8.08
7.74
13.68
3.79
Market Risk Adjusted Performance
(0.05)
0.2953
(0)
(0.10)
0.3353
0.3601
0.4749
(0.04)
Risk Adjusted Performance
(0)
0.0707
0.0046
(0.03)
0.2101
0.1965
0.1137
0.0219
Skewness
0.1329
1.29
(1.29)
0.1108
1.05
1.51
1.81
(1.45)
Semi Deviation
N/A
2.91
N/A
N/A
1.6
1.72
2.3
2.13
Information Ratio
(0.05)
0.0464
(0.04)
(0.09)
0.2169
0.1981
0.1011
(0.05)
Value At Risk
(5.21)
(5.47)
(6.13)
(5.56)
(2.72)
(1.78)
(3.90)
(2.80)
Expected Short fall
N/A
(3.34)
N/A
N/A
(2.51)
(2.21)
(2.77)
(1.24)
Downside Deviation
N/A
3.16
N/A
N/A
2.07
2.18
2.67
2.47
Semi Variance
N/A
8.46
N/A
N/A
2.55
2.95
5.27
4.54

Horizon Offshore Competition Performance Charts

Five steps to successful analysis of Horizon Offshore Competition

Horizon Offshore's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Horizon Offshore in relation to its competition. Horizon Offshore's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Horizon Offshore in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Horizon Offshore's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Horizon Offshore, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Horizon Offshore position

In addition to having Horizon Offshore in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Music and Video Thematic Idea Now

Music and Video
Music and Video Theme
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 35 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Music and Video Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Consideration for investing in Horizon Stock

If you are still planning to invest in Horizon Offshore check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Horizon Offshore's history and understand the potential risks before investing.
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