Horizon Securities (Taiwan) Price on March 1, 2024
| 6015 Stock | TWD 11.90 0.05 0.42% |
If you're considering investing in Horizon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Horizon Securities stands at 11.90, as last reported on the 24th of November, with the highest price reaching 12.00 and the lowest price hitting 11.85 during the day. At this stage we consider Horizon Stock to be very steady. Horizon Securities holds Efficiency (Sharpe) Ratio of 0.0491, which attests that the entity had a 0.0491% return per unit of risk over the last 3 months. We have found thirty technical indicators for Horizon Securities, which you can use to evaluate the volatility of the firm. Please check out Horizon Securities' Market Risk Adjusted Performance of 0.1989, downside deviation of 1.4, and Risk Adjusted Performance of 0.0408 to validate if the risk estimate we provide is consistent with the expected return of 0.061%.
Horizon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Horizon |
Sharpe Ratio = 0.0491
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| Cash | 6015 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Horizon Securities is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Horizon Securities by adding it to a well-diversified portfolio.
Horizon Securities Valuation on March 1, 2024
It is possible to determine the worth of Horizon Securities on a given historical date. On March 1, 2024 Horizon was worth 10.88 at the beginning of the trading date compared to the closed value of 10.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizon Securities stock. Still, in general, we apply an absolute valuation method to find Horizon Securities' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Horizon Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizon Securities' related companies.
| Open | High | Low | Close | Volume | |
| 10.53 | 10.78 | 10.53 | 10.78 | 1,010,000 | |
03/01/2024 | 10.88 | 10.98 | 10.83 | 10.93 | 1,742,000 |
| 11.12 | 11.76 | 11.12 | 11.56 | 6,244,000 |
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Horizon Securities Trading Date Momentum on March 1, 2024
| On March 04 2024 Horizon Securities Co was traded for 11.56 at the closing time. The highest price during the trading period was 11.76 and the lowest recorded bid was listed for 11.12 . The volume for the day was 6.2 M. This history from March 4, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 5.76% . The trading delta at closing time to the current price is 9.42% . |
Horizon Securities Fundamentals Correlations and Trends
By evaluating Horizon Securities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Horizon Securities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Horizon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Horizon Securities Stock history
Horizon Securities investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Horizon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Horizon Securities will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Horizon Securities stock prices may prove useful in developing a viable investing in Horizon Securities
Horizon Securities Co., Ltd. provides securities brokerage services in Taiwan. The company was incorporated in 1961 and is headquartered in Taipei, Taiwan. HORIZON SECURITIES is traded on Taiwan OTC Exchange in Taiwan.
Horizon Securities Stock Technical Analysis
Horizon Securities technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Horizon Securities Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Horizon Securities Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Horizon Securities November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Horizon Securities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Horizon Securities shares will generate the highest return on investment. By undertsting and applying Horizon Securities stock market strength indicators, traders can identify Horizon Securities Co entry and exit signals to maximize returns
Horizon Securities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Horizon Securities' price direction in advance. Along with the technical and fundamental analysis of Horizon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Horizon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0408 | |||
| Jensen Alpha | 0.0177 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1889 |
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Additional Tools for Horizon Stock Analysis
When running Horizon Securities' price analysis, check to measure Horizon Securities' 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 Horizon Securities is operating at the current time. Most of Horizon Securities' value examination focuses on studying past and present price action to predict the probability of Horizon Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Securities' price. Additionally, you may evaluate how the addition of Horizon Securities to your portfolios can decrease your overall portfolio volatility.