Horizon Minerals Return On Equity vs. Net Income
| HZNM Stock | USD 0.0002 0.00 0.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.38) | Current Value (0.36) | Quarterly Volatility 0.44697576 |
For Horizon Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Horizon Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Horizon Minerals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Horizon Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Horizon Minerals Corp over time as well as its relative position and ranking within its peers.
Horizon |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Minerals. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.25) | Return On Equity (1.20) |
The market value of Horizon Minerals Corp 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 Minerals' value that differs from its market value or its book value, called intrinsic value, which is Horizon Minerals' 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 Minerals' market value can be influenced by many factors that don't directly affect Horizon Minerals' 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 Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Minerals' 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 Minerals Corp Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Horizon Minerals's current stock value. Our valuation model uses many indicators to compare Horizon Minerals value to that of its competitors to determine the firm's financial worth. Horizon Minerals Corp is rated below average in return on equity category among its peers. It is rated below average in net income category among its peers . At this time, Horizon Minerals' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Horizon Minerals by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Horizon Net Income vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Horizon Minerals |
| = | -1.2 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Horizon Minerals |
| = | (131.11 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Horizon Net Income Comparison
Horizon Minerals is currently under evaluation in net income category among its peers.
Horizon Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Horizon Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Horizon Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Horizon Minerals' change in net profit over the period of time. It can combine multiple indicators of Horizon Minerals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -97.2 K | -102.1 K | |
| Net Loss | -118 K | -112.1 K | |
| Income Before Tax | -118 K | -112.1 K | |
| Total Other Income Expense Net | -26.5 K | -25.2 K | |
| Net Loss | -2.8 M | -2.7 M | |
| Net Loss | -118 K | -112.1 K | |
| Change To Netincome | 31.3 K | 32.8 K | |
| Income Quality | 0.47 | 0.92 |
Horizon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Horizon Minerals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Horizon Minerals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Horizon Minerals' important profitability drivers and their relationship over time.
Use Horizon Minerals in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Minerals will appreciate offsetting losses from the drop in the long position's value.Horizon Minerals Pair Trading
Horizon Minerals Corp Pair Trading Analysis
The ability to find closely correlated positions to Horizon Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Minerals Corp to buy it.
The correlation of Horizon Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Minerals Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Horizon Minerals position
In addition to having Horizon Minerals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 constituents at this time.
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Check out Risk vs Return Analysis. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
To fully project Horizon Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Horizon Minerals Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Horizon Minerals' income statement, its balance sheet, and the statement of cash flows.