Horrison Financial Statements From 2010 to 2025
| HRSR Stock | USD 0.0002 0.00 0.00% |
Check Horrison Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horrison Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Horrison financial statements analysis is a perfect complement when working with Horrison Resources Valuation or Volatility modules.
Horrison |
Horrison Resources Company Shares Outstanding Analysis
Horrison Resources' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Horrison Resources Shares Outstanding | 43.42 M |
Most of Horrison Resources' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Horrison Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Horrison Resources has 43.42 M of shares currently outstending. This is 89.57% lower than that of the Consumer Defensive sector and 90.99% lower than that of the Household & Personal Products industry. The shares outstanding for all United States stocks is 92.41% higher than that of the company.
Horrison Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Horrison Resources's current stock value. Our valuation model uses many indicators to compare Horrison Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Horrison Resources competition to find correlations between indicators driving Horrison Resources's intrinsic value. More Info.Horrison Resources is rated # 2 in return on asset category among its peers. It is rated as one of the top companies in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Horrison Resources' earnings, one of the primary drivers of an investment's value.About Horrison Resources Financial Statements
Horrison Resources shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Horrison Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Horrison Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Horrison Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Horrison Resources Inc. does not have significant operations. Horrison Resources Inc. was founded in 2000 and is based in Kwun Tong, Hong Kong. Horrison Resources is traded on OTC Exchange in the United States.
Pair Trading with Horrison Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horrison Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horrison Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Horrison Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horrison Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horrison Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horrison Resources to buy it.
The correlation of Horrison Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horrison Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horrison Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horrison Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Horrison Pink Sheet Analysis
When running Horrison Resources' price analysis, check to measure Horrison Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Horrison Resources is operating at the current time. Most of Horrison Resources' value examination focuses on studying past and present price action to predict the probability of Horrison Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horrison Resources' price. Additionally, you may evaluate how the addition of Horrison Resources to your portfolios can decrease your overall portfolio volatility.