Horizon Technology Finance Stock Probability of Future Stock Price Finishing Under 10.55
| HRZN Stock | USD 9.29 0.05 0.54% |
Horizon |
Horizon Technology Target Price Odds to finish below 10.55
The tendency of Horizon Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 10.55 after 90 days |
| 9.29 | 90 days | 10.55 | about 80.83 |
Based on a normal probability distribution, the odds of Horizon Technology to stay under $ 10.55 after 90 days from now is about 80.83 (This Horizon Technology Finance probability density function shows the probability of Horizon Stock to fall within a particular range of prices over 90 days) . Probability of Horizon Technology price to stay between its current price of $ 9.29 and $ 10.55 at the end of the 90-day period is about 71.85 .
Given the investment horizon of 90 days Horizon Technology has a beta of 0.19. This usually indicates as returns on the market go up, Horizon Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Horizon Technology Finance will be expected to be much smaller as well. Additionally Horizon Technology Finance has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Horizon Technology Price Density |
| Price |
Predictive Modules for Horizon Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Horizon Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Horizon Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Horizon Technology is not an exception. The market had few large corrections towards the Horizon Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Horizon Technology Finance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Horizon Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | -0.33 |
Horizon Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Horizon Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Horizon Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Horizon Technology generated a negative expected return over the last 90 days | |
| Horizon Technology has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (17.18 M) with profit before overhead, payroll, taxes, and interest of 79.19 M. | |
| Horizon Technology has a frail financial position based on the latest SEC disclosures | |
| On 14th of November 2024 Horizon Technology paid $ 0.11 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Buying at Horizon Technology Finance Corp |
Horizon Technology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Horizon Stock often depends not only on the future outlook of the current and potential Horizon Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Horizon Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31 M | |
| Cash And Short Term Investments | 46.6 M |
Horizon Technology Technical Analysis
Horizon Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Horizon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Horizon Technology Finance. In general, you should focus on analyzing Horizon Stock price patterns and their correlations with different microeconomic environments and drivers.
Horizon Technology Predictive Forecast Models
Horizon Technology's time-series forecasting models is one of many Horizon Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Horizon Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Horizon Technology
Checking the ongoing alerts about Horizon Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Horizon Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Horizon Technology generated a negative expected return over the last 90 days | |
| Horizon Technology has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (17.18 M) with profit before overhead, payroll, taxes, and interest of 79.19 M. | |
| Horizon Technology has a frail financial position based on the latest SEC disclosures | |
| On 14th of November 2024 Horizon Technology paid $ 0.11 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Buying at Horizon Technology Finance Corp |
Check out Horizon Technology Backtesting, Horizon Technology Valuation, Horizon Technology Correlation, Horizon Technology Hype Analysis, Horizon Technology Volatility, Horizon Technology History as well as Horizon Technology Performance. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Technology. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.371 | Dividend Share 1.32 | Earnings Share (0.15) | Revenue Per Share 3.009 | Quarterly Revenue Growth (0.16) |
The market value of Horizon Technology is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Technology's market value can be influenced by many factors that don't directly affect Horizon Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.