Horizon Oil Limited Stock Performance

HZNFF Stock  USD 0.13  0.00  0.00%   
Horizon Oil has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -2.55, 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. Horizon Oil Limited right now retains a risk of 6.64%. Please check out Horizon Oil maximum drawdown, as well as the relationship between the semi variance and rate of daily change , to decide if Horizon Oil will be following its current trending patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Horizon Oil Limited are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak technical and fundamental indicators, Horizon Oil may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Begin Period Cash Flow44.4 M
Total Cashflows From Investing Activities-10.4 M
  

Horizon Oil Relative Risk vs. Return Landscape

If you would invest  14.00  in Horizon Oil Limited on August 28, 2024 and sell it today you would lose (1.00) from holding Horizon Oil Limited or give up 7.14% of portfolio value over 90 days. Horizon Oil Limited is currently producing 0.1057% returns and takes up 6.6362% volatility of returns over 90 trading days. Put another way, 59% of traded otc stocks are less volatile than Horizon, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Horizon Oil is expected to generate 1.31 times less return on investment than the market. In addition to that, the company is 8.51 times more volatile than its market benchmark. It trades about 0.02 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.18 per unit of volatility.

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 = 0.0159

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Estimated Market Risk

 6.64
  actual daily
59
59% of assets are less volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Horizon Oil is performing at about 1% 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 Oil by adding it 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.

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 had very high historical volatility over the last 90 days
Horizon Oil Limited has some characteristics of a very speculative penny stock
About 33.0% of the company shares are held by company insiders
Evaluating Horizon Oil's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Horizon Oil's otc stock performance include:
  • 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.
It's essential to remember that evaluating Horizon Oil's otc stock performance is not an exact science, and many factors can impact Horizon Oil's otc stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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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