Horizon Spin-off Financials
| LSHAX Fund | USD 38.06 0.37 0.98% |
Horizon |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Horizon Spin-off Fund Summary
Horizon Spin-off competes with Old Westbury, Ab Bond, Gmo High, Artisan High, and Dreyfus/standish. The fund will pursue its investment objective by investing at least 80 percent of its net assets in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, parents of any such companies, and publicly traded shareholder activist holding companies which, by way of their shareholder ownership in other companies, have caused such other companies to undergo spin-offs and other forms of corporate restructurings. It may invest in any size company, including small- and medium-sized companies. The fund is non-diversified.Specialization | Miscellaneous Sector, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Kinetics Mutual Funds |
| Mutual Fund Family | Kinetics |
| Mutual Fund Category | Miscellaneous Sector |
| Benchmark | Dow Jones Industrial |
| Phone | 800 930 3828 |
| Currency | USD - US Dollar |
Horizon Spin-off Key Financial Ratios
Horizon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Horizon Spin-off's current stock value. Our valuation model uses many indicators to compare Horizon Spin-off value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Horizon Spin-off competition to find correlations between indicators driving Horizon Spin-off's intrinsic value. More Info.Horizon Spin Off And is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Horizon Spin Off And is roughly 9.99 . 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 Horizon Spin-off's earnings, one of the primary drivers of an investment's value.Horizon Spin Off Systematic Risk
Horizon Spin-off's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Horizon Spin-off volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Horizon Spin Off correlated with the market. If Beta is less than 0 Horizon Spin-off generally moves in the opposite direction as compared to the market. If Horizon Spin-off Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Horizon Spin Off is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Horizon Spin-off is generally in the same direction as the market. If Beta > 1 Horizon Spin-off moves generally in the same direction as, but more than the movement of the benchmark.
Horizon Spin-off February 16, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Horizon Spin-off help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Horizon Spin Off And. We use our internally-developed statistical techniques to arrive at the intrinsic value of Horizon Spin Off And based on widely used predictive technical indicators. In general, we focus on analyzing Horizon Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Horizon Spin-off's daily price indicators and compare them against related drivers.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 20.01 | |||
| Value At Risk | (5.93) | |||
| Potential Upside | 3.43 |
Other Information on Investing in Horizon Mutual Fund
Horizon Spin-off financial ratios help investors to determine whether Horizon 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 Horizon with respect to the benefits of owning Horizon Spin-off security.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |