New Horizon Aircraft Stock Today
HOVR Stock | 0.63 0.08 11.27% |
Performance12 of 100
| Odds Of DistressLess than 46
|
New Horizon is selling at 0.63 as of the 30th of January 2025; that is 11.27 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.61. New Horizon has 46 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. Click here to learn more.
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New Stock Highlights
Chairman CoFounder | Brandon Robinson |
Thematic Idea | Aircraft (View all Themes) |
Business Concentration | Aerospace & Defense, Industrials, NASDAQ Composite, Aircraft, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors) |
New Horizon Aircraft (HOVR) is traded on NASDAQ Exchange in USA. It is located in 3187 Highway 35, Lindsay, ON, Canada, K9V 4R1 and employs 20 people. New Horizon is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 23.84 M. New Horizon Aircraft conducts business under Aerospace & Defense sector and is part of Industrials industry. The entity has 31.23 M outstanding shares of which 585.19 K shares are currently shorted by private and institutional investors with about 0.22 trading days to cover.
New Horizon generates negative cash flow from operations
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Ownership AllocationNew Horizon Aircraft maintains a total of 31.23 Million outstanding shares. New Horizon Aircraft holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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New Horizon Aircraft Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. New Horizon market risk premium is the additional return an investor will receive from holding New Horizon long position in a well-diversified portfolio.
Risk Adjusted Performance | 0.1391 | |||
Jensen Alpha | 2.23 | |||
Total Risk Alpha | 0.9187 | |||
Sortino Ratio | 0.2494 |
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New Horizon Corporate Management
Phil Kelly | Senior Development | Profile | |
Tom Brassington | Chief Officer | Profile | |
Brian Merker | Chief Officer | Profile | |
Stewart Lee | Head Strategy | Profile |
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When running New Horizon's price analysis, check to measure New Horizon'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 New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.