Horizon Space Acquisition Stock Price on June 6, 2024
| HSPOU Stock | 11.37 0.23 1.98% |
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 Space stands at 11.37, as last reported on the 28th of November, with the highest price reaching 11.38 and the lowest price hitting 11.37 during the day. Currently, Horizon Space Acquisition is very steady. Horizon Space Acquisition holds Efficiency (Sharpe) Ratio of 0.0507, which attests that the entity had a 0.0507% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Horizon Space Acquisition, which you can use to evaluate the volatility of the firm. Please check out Horizon Space's Market Risk Adjusted Performance of (0.15), risk adjusted performance of 0.0301, and Standard Deviation of 0.4199 to validate if the risk estimate we provide is consistent with the expected return of 0.0216%.
Total Stockholder Equity is likely to drop to about 53.6 M in 2024. Common Stock Shares Outstanding is likely to drop to about 5.9 M in 2024. At this time, Horizon Space's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.16 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (201.55) in 2024. Horizon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Horizon |
Sharpe Ratio = 0.0507
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Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Horizon Space 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 Space by adding it to a well-diversified portfolio.
Book Value (0.29) | Enterprise Value 91.7 M | Shares Float 4.5 M | Shares Short Prior Month 147 | Shares Short 100 |
Horizon Space Valuation on June 6, 2024
It is possible to determine the worth of Horizon Space on a given historical date. On June 6, 2024 Horizon was worth 10.75 at the beginning of the trading date compared to the closed value of 10.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizon Space stock. Still, in general, we apply an absolute valuation method to find Horizon Space'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 Space where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizon Space's related companies.
| Open | High | Low | Close | Volume | |
| 10.75 | 10.75 | 10.75 | 10.75 | 1.00 | |
06/06/2024 | 10.75 | 10.75 | 10.75 | 10.75 | 1.00 |
| 10.75 | 10.75 | 10.75 | 10.75 | 1.00 |
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Horizon Space Trading Date Momentum on June 6, 2024
| On June 07 2024 Horizon Space Acquisition was traded for 10.75 at the closing time. The highest daily price throughout the period was 10.75 and the lowest price was 10.75 . There was no trading activity during the period 1.0. Lack of trading volume on 06/07/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Horizon Space Acquisition Fundamentals Correlations and Trends
By evaluating Horizon Space'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 Space'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 Space Stock history
Horizon Space 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 Space Acquisition 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 Space stock prices may prove useful in developing a viable investing in Horizon Space
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.1 M | 5.9 M |
Horizon Space Stock Technical Analysis
Horizon Space 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 Space Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Horizon Space Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Space November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Horizon Space 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 Space shares will generate the highest return on investment. By undertsting and applying Horizon Space stock market strength indicators, traders can identify Horizon Space Acquisition entry and exit signals to maximize returns
Horizon Space Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Horizon Space's 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 | 0.0301 | |||
| Jensen Alpha | 0.0189 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.16) |
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Additional Tools for Horizon Stock Analysis
When running Horizon Space's price analysis, check to measure Horizon Space's 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 Space is operating at the current time. Most of Horizon Space's value examination focuses on studying past and present price action to predict the probability of Horizon Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Space's price. Additionally, you may evaluate how the addition of Horizon Space to your portfolios can decrease your overall portfolio volatility.