Horizon Digital Frontier Etf Market Value
| YNOT Etf | 28.73 0.05 0.17% |
| Symbol | Horizon |
The market value of Horizon Digital Frontier 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is Horizon Digital's 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 Digital's market value can be influenced by many factors that don't directly affect Horizon Digital's 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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Digital's 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.
Horizon Digital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Horizon Digital's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Horizon Digital.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Horizon Digital on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Horizon Digital Frontier or generate 0.0% return on investment in Horizon Digital over 180 days. Horizon Digital is related to or competes with Roundhill ETF, Pacer Funds, Horizon Flexible, MicroSectors Travel, GlacierShares Nasdaq, Strategy Shares, and Prospera Income. Horizon Digital is entity of United States More
Horizon Digital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Horizon Digital's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Horizon Digital Frontier upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.59 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 1.97 |
Horizon Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Horizon Digital's standard deviation. In reality, there are many statistical measures that can use Horizon Digital historical prices to predict the future Horizon Digital's volatility.| Risk Adjusted Performance | 0.0102 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 3.0E-4 |
Horizon Digital Frontier Backtested Returns
Currently, Horizon Digital Frontier is very steady. Horizon Digital Frontier holds Efficiency (Sharpe) Ratio of 0.0304, which attests that the entity had a 0.0304 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Horizon Digital Frontier, which you can use to evaluate the volatility of the entity. Please check out Horizon Digital's Risk Adjusted Performance of 0.0102, market risk adjusted performance of 0.0103, and Downside Deviation of 1.75 to validate if the risk estimate we provide is consistent with the expected return of 0.046%. The etf retains a Market Volatility (i.e., Beta) of 1.3, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Horizon Digital will likely underperform.
Auto-correlation | -0.03 |
Very weak reverse predictability
Horizon Digital Frontier has very weak reverse predictability. Overlapping area represents the amount of predictability between Horizon Digital time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Horizon Digital Frontier price movement. The serial correlation of -0.03 indicates that only 3.0% of current Horizon Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Horizon Digital Frontier lagged returns against current returns
Autocorrelation, which is Horizon Digital etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Horizon Digital's etf expected returns. We can calculate the autocorrelation of Horizon Digital returns to help us make a trade decision. For example, suppose you find that Horizon Digital has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Horizon Digital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Horizon Digital etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Horizon Digital etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Horizon Digital etf over time.
Current vs Lagged Prices |
| Timeline |
Horizon Digital Lagged Returns
When evaluating Horizon Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Horizon Digital etf have on its future price. Horizon Digital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Horizon Digital autocorrelation shows the relationship between Horizon Digital etf current value and its past values and can show if there is a momentum factor associated with investing in Horizon Digital Frontier.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Horizon Digital Correlation, Horizon Digital Volatility and Horizon Digital Alpha and Beta module to complement your research on Horizon Digital. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Horizon Digital technical etf 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, etf market cycles, or different charting patterns.