Horizon Funds Fund Price on November 25, 2024
| HTFNX Fund | 49.11 0.14 0.29% |
If you're considering investing in Horizon Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Horizon Funds stands at 49.11, as last reported on the 1st of December, with the highest price reaching 49.11 and the lowest price hitting 49.11 during the day. At this stage we consider Horizon Mutual Fund to be very steady. Horizon Funds holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Horizon Funds, which you can use to evaluate the volatility of the entity. Please check out Horizon Funds' Market Risk Adjusted Performance of 0.1736, risk adjusted performance of 0.0651, and Downside Deviation of 0.2529 to validate if the risk estimate we provide is consistent with the expected return of 0.0292%.
Horizon Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Horizon |
Sharpe Ratio = 0.1226
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| Negative Returns | HTFNX |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Horizon Funds is performing at about 9% 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 Funds by adding it to a well-diversified portfolio.
Horizon Funds Valuation on November 25, 2024
It is possible to determine the worth of Horizon Funds on a given historical date. On November 25, 2024 Horizon was worth 48.95 at the beginning of the trading date compared to the closed value of 48.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizon Funds mutual fund. Still, in general, we apply an absolute valuation method to find Horizon Funds' 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 Funds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizon Funds' related companies.
| Open | High | Low | Close | Volume | |
| 48.78 | 48.78 | 48.78 | 48.78 | 1.00 | |
11/25/2024 | 48.95 | 48.95 | 48.95 | 48.95 | 1.00 |
| 48.84 | 48.84 | 48.84 | 48.84 | 1.00 |
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Horizon Funds Trading Date Momentum on November 25, 2024
| On November 26 2024 Horizon Funds was traded for 48.84 at the closing time. The highest daily price throughout the period was 48.84 and the lowest price was 48.84 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.22% . The trading delta at closing time to current closing price is 0.33% . |
About Horizon Funds Mutual Fund history
Horizon Funds 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 Funds 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 Funds stock prices may prove useful in developing a viable investing in Horizon Funds
The funds investment adviser seeks to achieve the Tactical Income Funds investment objective by allocating to investments across various sectors of the global securities markets. Its investments will be primarily comprised of fixed and floating rate bonds of U.S. and foreign corporate issuers, both those that are investment-grade and non-investment grade debt securities issued by the U.S. government and its agencies and instrumentalities foreign sovereign debt preferred stocks convertible bonds mortgage-backed securities and bank loan assignments and participations.
Horizon Funds Mutual Fund Technical Analysis
Horizon Funds 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 Funds Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Horizon Funds 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 Funds December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Horizon Funds 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 Funds shares will generate the highest return on investment. By undertsting and applying Horizon Funds mutual fund market strength indicators, traders can identify Horizon Funds entry and exit signals to maximize returns
Horizon Funds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Horizon Funds' 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 | 0.0651 | |||
| Jensen Alpha | 0.0038 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.44) | |||
| Treynor Ratio | 0.1636 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Horizon Mutual Fund
Horizon Funds 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 Funds security.
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