Horizon Kinetics Medical Etf Performance
| MEDX Etf | 28.17 0.09 0.32% |
The etf retains a Market Volatility (i.e., Beta) of 0.58, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Horizon Kinetics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Horizon Kinetics is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Horizon Kinetics Medical has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest inconsistent performance, the Etf's fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
1 | Disposition of 3161 shares by Schaller Charles R of Horizon Kinetics subject to Rule 16b-3 | 11/04/2024 |
2 | Disposition of 100000 shares by Pepin Ronald of Horizon Kinetics at 9.9 subject to Rule 16b-3 | 11/08/2024 |
| In Threey Sharp Ratio | -0.10 |
Horizon |
Horizon Kinetics Relative Risk vs. Return Landscape
If you would invest 3,192 in Horizon Kinetics Medical on August 29, 2024 and sell it today you would lose (375.00) from holding Horizon Kinetics Medical or give up 11.75% of portfolio value over 90 days. Horizon Kinetics Medical is currently does not generate positive expected returns and assumes 0.852% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Horizon, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Horizon Kinetics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Kinetics' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Horizon Kinetics Medical, and traders can use it to determine the average amount a Horizon Kinetics' 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 = -0.2247
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| Negative Returns | MEDX |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Horizon Kinetics is not performing at its full potential. However, 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 Kinetics by adding Horizon Kinetics to a well-diversified portfolio.
Horizon Kinetics Fundamentals Growth
Horizon Etf prices reflect investors' perceptions of the future prospects and financial health of Horizon Kinetics, and Horizon Kinetics 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 Etf performance.
About Horizon Kinetics Performance
Evaluating Horizon Kinetics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Horizon Kinetics 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 Kinetics 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.
Horizon Kinetics is entity of United States. It is traded as Etf on NASDAQ exchange.| Horizon Kinetics generated a negative expected return over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Kinetics Medical. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Horizon Kinetics Medical is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Kinetics' value that differs from its market value or its book value, called intrinsic value, which is Horizon Kinetics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Kinetics' market value can be influenced by many factors that don't directly affect Horizon Kinetics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Kinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Kinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Kinetics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.