Horizon Defined Risk Fund Manager Performance Evaluation
| HADRX Fund | USD 77.65 0.09 0.12% |
The fund retains a Market Volatility (i.e., Beta) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Horizon Defined's returns are expected to increase less than the market. However, during the bear market, the loss of holding Horizon Defined is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Horizon Defined Risk are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Horizon Defined is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 30th of March 2023 | |
| Expense Ratio | 1.6000 |
Horizon |
Horizon Defined Relative Risk vs. Return Landscape
If you would invest 7,429 in Horizon Defined Risk on August 27, 2024 and sell it today you would earn a total of 336.00 from holding Horizon Defined Risk or generate 4.52% return on investment over 90 days. Horizon Defined Risk is currently producing 0.07% returns and takes up 0.4159% volatility of returns over 90 trading days. Put another way, 3% 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 Defined Current Valuation
Fairly Valued
Today
Please note that Horizon Defined's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Horizon Defined Risk retains a regular Real Value of $77.05 per share. The prevalent price of the fund is $77.65. We determine the value of Horizon Defined Risk 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 Defined is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Horizon Mutual Fund. However, Horizon Defined's 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 77.65 | Real 77.05 | Hype 77.65 | Naive 77.25 |
The intrinsic value of Horizon Defined's 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 Defined's 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 Defined Risk 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 Defined more accurately as focusing exclusively on Horizon Defined's fundamentals will not take into account other important factors: Horizon Defined Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Defined's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Horizon Defined Risk, and traders can use it to determine the average amount a Horizon Defined's 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 = 0.1683
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | HADRX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Horizon Defined is performing at about 13% 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 Defined by adding it to a well-diversified portfolio.
Horizon Defined Fundamentals Growth
Horizon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Horizon Defined, and Horizon Defined 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.
| Total Asset | 19.89 M | ||||
About Horizon Defined Performance
Evaluating Horizon Defined's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Horizon Defined 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 Defined 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 funds investment objective by investing in a broadly diversified portfolio of equity securities , while seeking to generate income, hedge volatility and reduce the downside risk of the Equity Portfolio by buying and selling put and call options . The Equity Portfolio typically focuses on investing in individual stocks. The Options Portfolio will generally consist of options collars.Things to note about Horizon Defined Risk performance evaluation
Checking the ongoing alerts about Horizon Defined for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Horizon Defined Risk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 6.19% of its assets under management (AUM) in cash |
- Analyzing Horizon Defined's 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 Defined's stock is overvalued or undervalued compared to its peers.
- Examining Horizon Defined's 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 Defined's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horizon Defined's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Horizon Defined's mutual fund. These opinions can provide insight into Horizon Defined's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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