Horizon Active Risk Fund Price on October 31, 2024
| ARANX Fund | USD 27.27 0.09 0.33% |
Below is the normalized historical share price chart for Horizon Active Risk extending back to September 02, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Horizon Active stands at 27.27, as last reported on the 26th of November, with the highest price reaching 27.27 and the lowest price hitting 27.27 during the day.
If you're considering investing in Horizon Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Horizon Mutual Fund to be very steady. Horizon Active Risk holds Efficiency (Sharpe) Ratio of 0.0664, which attests that the entity had a 0.0664% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Horizon Active Risk, which you can use to evaluate the volatility of the entity. Please check out Horizon Active's Downside Deviation of 0.7577, market risk adjusted performance of 0.0441, and Risk Adjusted Performance of 0.0364 to validate if the risk estimate we provide is consistent with the expected return of 0.0459%.
Horizon Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Horizon |
Sharpe Ratio = 0.0664
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Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Horizon Active is performing at about 5% 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 Active by adding it to a well-diversified portfolio.
Horizon Active Valuation on October 31, 2024
It is possible to determine the worth of Horizon Active on a given historical date. On October 31, 2024 Horizon was worth 26.51 at the beginning of the trading date compared to the closed value of 26.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizon Active mutual fund. Still, in general, we apply an absolute valuation method to find Horizon Active's 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 Active where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizon Active's related companies.
| Open | High | Low | Close | Volume | |
| 26.90 | 26.90 | 26.90 | 26.90 | 1.00 | |
10/31/2024 | 26.51 | 26.51 | 26.51 | 26.51 | 1.00 |
| 26.59 | 26.59 | 26.59 | 26.59 | 1.00 |
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Horizon Active Trading Date Momentum on October 31, 2024
| On November 01 2024 Horizon Active Risk was traded for 26.59 at the closing time. The highest daily price throughout the period was 26.59 and the lowest price was 26.59 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.30% . The trading delta at closing time to current closing price is 3.55% . |
Horizon Active Risk Fundamentals Correlations and Trends
By evaluating Horizon Active's 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 Active's 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 Active Mutual Fund history
Horizon Active 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 Active Risk 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 Active stock prices may prove useful in developing a viable investing in Horizon Active
The fund seeks to achieve its objective by using a multi-discipline active asset allocation investment approach. The adviser executes its global securities allocation strategy by allocating assets across one or more sectors of the global securities markets. Normally, the fund invests a majority of its assets in equity securities or ETFs that invest primarily in equity securities however, it may invest in fixed income securities or in ETFs that invest primarily in such securities.
Horizon Active Mutual Fund Technical Analysis
Horizon Active technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Horizon Active Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Horizon Active Risk cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Active November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Horizon Active mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Horizon Active shares will generate the highest return on investment. By undertsting and applying Horizon Active mutual fund market strength indicators, traders can identify Horizon Active Risk entry and exit signals to maximize returns
Horizon Active Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Horizon Active's price direction in advance. Along with the technical and fundamental analysis of Horizon Mutual Fund 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 | 0.0364 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0341 |
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| Volume Indicators |
Other Information on Investing in Horizon Mutual Fund
Horizon Active 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 Active security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
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