Horizon Oil Limited Stock Performance
| HZNFF Stock | USD 0.14 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of -4.28, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Horizon Oil are expected to decrease by larger amounts. On the other hand, during market turmoil, Horizon Oil is expected to outperform it. At this point, Horizon Oil Limited has a negative expected return of -0.11%. Please make sure to check out Horizon Oil's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Horizon Oil Limited performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Horizon Oil Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's technical and fundamental indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 44.4 M | |
| Total Cashflows From Investing Activities | -10.4 M |
Horizon |
Horizon Oil Relative Risk vs. Return Landscape
If you would invest 18.00 in Horizon Oil Limited on November 3, 2024 and sell it today you would lose (4.00) from holding Horizon Oil Limited or give up 22.22% of portfolio value over 90 days. Horizon Oil Limited is currently producing negative expected returns and takes up 7.7712% volatility of returns over 90 trading days. Put another way, 69% of traded otc stocks 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 Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Oil's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Horizon Oil Limited, and traders can use it to determine the average amount a Horizon Oil'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 = -0.0142
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| Negative Returns | HZNFF |
Estimated Market Risk
| 7.77 actual daily | 69 69% of assets are less volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Horizon Oil 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 Oil by adding Horizon Oil to a well-diversified portfolio.
Horizon Oil Fundamentals Growth
Horizon OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Horizon Oil, and Horizon Oil 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 OTC Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.37 % | |||
| Current Valuation | 239.24 M | |||
| Shares Outstanding | 1.6 B | |||
| Price To Earning | 10.07 X | |||
| Price To Book | 1.32 X | |||
| Price To Sales | 1.27 X | |||
| Revenue | 112.6 M | |||
| EBITDA | 72.2 M | |||
| Cash And Equivalents | 44.09 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 1.23 M | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | 56.93 M | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 182.46 M | |||
About Horizon Oil Performance
By analyzing Horizon Oil's fundamental ratios, stakeholders can gain valuable insights into Horizon Oil's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Horizon Oil 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 Oil has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China and New Zealand. The company was incorporated in 1969 and is based in Sydney, Australia. Horizon Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 12 people.Things to note about Horizon Oil Limited performance evaluation
Checking the ongoing alerts about Horizon Oil for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Horizon Oil Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Horizon Oil Limited generated a negative expected return over the last 90 days | |
| Horizon Oil Limited has high historical volatility and very poor performance | |
| Horizon Oil Limited has some characteristics of a very speculative penny stock | |
| About 33.0% of the company shares are held by company insiders |
- Analyzing Horizon Oil'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 Oil's stock is overvalued or undervalued compared to its peers.
- Examining Horizon Oil'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 Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horizon Oil's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Horizon Oil's otc stock. These opinions can provide insight into Horizon Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Horizon OTC Stock analysis
When running Horizon Oil's price analysis, check to measure Horizon Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Horizon Oil is operating at the current time. Most of Horizon Oil's value examination focuses on studying past and present price action to predict the probability of Horizon Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Oil's price. Additionally, you may evaluate how the addition of Horizon Oil to your portfolios can decrease your overall portfolio volatility.
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