Horizon Funds Fund Manager Performance Evaluation
| HTFAX Fund | USD 48.75 0.06 0.12% |
The fund retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Horizon Funds' returns are expected to increase less than the market. However, during the bear market, the loss of holding Horizon Funds is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Horizon Funds are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Horizon Funds is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreHorizon |
Horizon Funds Relative Risk vs. Return Landscape
If you would invest 4,829 in Horizon Funds on August 27, 2024 and sell it today you would earn a total of 46.00 from holding Horizon Funds or generate 0.95% return on investment over 90 days. Horizon Funds is currently producing 0.0151% returns and takes up 0.232% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Horizon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Horizon Funds Current Valuation
Fairly Valued
Today
Please note that Horizon Funds' price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Horizon Funds retains a regular Real Value of $48.71 per share. The prevalent price of the fund is $48.75. We determine the value of Horizon Funds from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Horizon Funds is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Horizon Mutual Fund. However, Horizon Funds' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 48.75 | Real 48.71 | Hype 48.75 | Naive 48.75 |
The intrinsic value of Horizon Funds' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Horizon Funds' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Horizon Funds helps investors to forecast how Horizon mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Horizon Funds more accurately as focusing exclusively on Horizon Funds' fundamentals will not take into account other important factors: Horizon Funds Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Funds' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Horizon Funds , and traders can use it to determine the average amount a Horizon Funds' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.065
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| Negative Returns | HTFAX |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 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 Funds 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 Funds by adding it to a well-diversified portfolio.
Horizon Funds Fundamentals Growth
Horizon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Horizon Funds, and Horizon Funds fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Horizon Mutual Fund performance.
About Horizon Funds Performance
Evaluating Horizon Funds' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Horizon Funds has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Horizon Funds has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Horizon Funds performance evaluation
Checking the ongoing alerts about Horizon Funds for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Horizon Funds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Horizon Funds yields -7.0% to date and shows negative annual yield of 0.0% | |
| This fund retains about 24.75% of its assets under management (AUM) in cash |
- Analyzing Horizon Funds' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Horizon Funds' stock is overvalued or undervalued compared to its peers.
- Examining Horizon Funds' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Horizon Funds' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horizon Funds' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Horizon Funds' mutual fund. These opinions can provide insight into Horizon Funds' potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |