Horizon Defensive Equity Fund Buy Hold or Sell Recommendation
| USRAX Fund | USD 34.05 0.15 0.44% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Horizon Defensive Equity is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Horizon Defensive Equity given historical horizon and risk tolerance towards Horizon Us. When Macroaxis issues a 'buy' or 'sell' recommendation for Horizon Defensive Equity, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Horizon Us Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Horizon and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Horizon Defensive Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.
Horizon |
Execute Horizon Us Buy or Sell Advice
The Horizon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Horizon Defensive Equity. Macroaxis does not own or have any residual interests in Horizon Defensive Equity or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Horizon Us' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Horizon Us Trading Alerts and Improvement Suggestions
| The fund keeps 99.49% of its net assets in stocks |
Horizon Us Returns Distribution Density
The distribution of Horizon Us' historical returns is an attempt to chart the uncertainty of Horizon Us' future price movements. The chart of the probability distribution of Horizon Us daily returns describes the distribution of returns around its average expected value. We use Horizon Defensive Equity price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Horizon Us returns is essential to provide solid investment advice for Horizon Us.
| Mean Return | 0.09 | Value At Risk | -0.98 | Potential Upside | 0.98 | Standard Deviation | 0.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Horizon Us historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Horizon Us Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Horizon Us or Horizon Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Horizon Us' price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Horizon fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0061 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.07 |
Horizon Us Volatility Alert
Horizon Defensive Equity exhibits relatively low volatility with skewness of -0.25 and kurtosis of 0.8. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Horizon Us' mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Horizon Us' mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Horizon Us Fundamentals Vs Peers
Comparing Horizon Us' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Horizon Us' direct or indirect competition across all of the common fundamentals between Horizon Us and the related equities. This way, we can detect undervalued stocks with similar characteristics as Horizon Us or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Horizon Us' fundamental indicators could also be used in its relative valuation, which is a method of valuing Horizon Us by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Horizon Us to competition |
| Fundamentals | Horizon Us | Peer Average |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 22.09 % | 0.39 % |
| One Year Return | 26.84 % | 4.15 % |
| Three Year Return | 8.86 % | 3.60 % |
| Five Year Return | 11.29 % | 3.24 % |
| Net Asset | 196.8 M | 4.11 B |
| Minimum Initial Investment | 2.5 K | 976.16 K |
| Last Dividend Paid | 0.08 | 0.65 |
| Cash Position Weight | 0.51 % | 10.61 % |
| Equity Positions Weight | 99.49 % | 63.90 % |
Horizon Us Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Horizon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 34.05 | |||
| Day Typical Price | 34.05 | |||
| Price Action Indicator | 0.075 | |||
| Period Momentum Indicator | 0.15 | |||
| Relative Strength Index | 63.86 |
About Horizon Us Buy or Sell Advice
When is the right time to buy or sell Horizon Defensive Equity? Buying financial instruments such as Horizon Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Horizon Mutual Fund
Horizon Us 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 Us security.
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