These are the most popular ASX ETFs that Aussies are buying in 2024
| HADRX Fund | USD 78.37 0.04 0.05% |
Slightly above 62% of Horizon Defined's investor base is looking to short. The analysis of overall sentiment of trading Horizon Defined Risk mutual fund suggests that many investors are alarmed at this time. Horizon Defined's investing sentiment can be driven by a variety of factors including economic data, Horizon Defined's earnings reports, geopolitical events, and overall market trends.
Horizon |
Here are the three most popular ASX ETFs that Aussie investors are buying this year according to analysts at Bell Potter...
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Horizon Defined Fundamental Analysis
We analyze Horizon Defined's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Horizon Defined using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Horizon Defined based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Asset
Total Asset Comparative Analysis
Horizon Defined is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Horizon Defined Risk Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Horizon Defined mutual fund to make a market-neutral strategy. Peer analysis of Horizon Defined could also be used in its relative valuation, which is a method of valuing Horizon Defined by comparing valuation metrics with similar companies.
Peers
Horizon Defined Related Equities
| AGGWX | Global Gold | 2.42 | ||||
| IOGYX | Invesco Gold | 2.15 | ||||
| USERX | Gold And | 2.09 | ||||
| OGMCX | Oppenheimer Gold | 0.16 | ||||
| EPGFX | Europac Gold | 0.56 | ||||
| FGDIX | Fidelity Advisor | 0.64 | ||||
| GCEBX | Goldman Sachs | 1.73 | ||||
| MXKJX | Great-west Goldman | 2.50 |
Other Information on Investing in Horizon Mutual Fund
Horizon Defined 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 Defined security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |