Horizon Technology Finance Stock Alpha and Beta Analysis
| HRZN Stock | USD 9.22 0.02 0.22% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Horizon Technology Finance. It also helps investors analyze the systematic and unsystematic risks associated with investing in Horizon Technology over a specified time horizon. Remember, high Horizon Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Horizon Technology's market risk premium analysis include:
Beta 0.2 | Alpha (0.24) | Risk 1 | Sharpe Ratio (0.23) | Expected Return (0.23) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Horizon |
Horizon Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Horizon Technology market risk premium is the additional return an investor will receive from holding Horizon Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Horizon Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Horizon Technology's performance over market.| α | -0.24 | β | 0.20 |
Horizon Technology expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Horizon Technology's Buy-and-hold return. Our buy-and-hold chart shows how Horizon Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Horizon Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Horizon Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Horizon Technology shares will generate the highest return on investment. By understating and applying Horizon Technology stock market price indicators, traders can identify Horizon Technology position entry and exit signals to maximize returns.
Horizon Technology Return and Market Media
The median price of Horizon Technology for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 10.36 with a coefficient of variation of 5.4. The daily time series for the period is distributed with a sample standard deviation of 0.55, arithmetic mean of 10.16, and mean deviation of 0.46. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Vesta Healthcare Raises 65 Million in Financing to Propel Growth | 09/04/2024 |
2 | GT Medical Technologies, Inc. Secures 35 Million Venture Loan Facility from Horizon Technology Finance | 09/12/2024 |
| Horizon Technology dividend paid on 13th of September 2024 | 09/13/2024 |
3 | Analysts Set Horizon Technology Finance Co. PT at 9.70 - MarketBeat | 09/20/2024 |
4 | Horizon Technology Finance to Announce Third Quarter 2024 Financial Results | 10/15/2024 |
| Horizon Technology dividend paid on 16th of October 2024 | 10/16/2024 |
5 | Acquisition by Gerald Michaud of 2500 shares of Horizon Technology at 16.19 subject to Rule 16b-3 | 10/25/2024 |
6 | Horizon Technology Finance Corp Q3 2024 Earnings EPS of 0. ... | 10/29/2024 |
7 | Horizon Technology Finance declares 0.11 dividend | 10/30/2024 |
8 | Horizon Technology Finance Co. to Issue Monthly Dividend of 0.11 | 11/01/2024 |
9 | Acquisition by Savage Joseph J of 5000 shares of Horizon Technology at 9.35 subject to Rule 16b-3 | 11/13/2024 |
| Horizon Technology dividend paid on 14th of November 2024 | 11/14/2024 |
10 | Insider Buying at Horizon Technology Finance Corp | 11/15/2024 |
About Horizon Technology Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Horizon or other stocks. Alpha measures the amount that position in Horizon Technology has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | PTB Ratio | 1.3 | 0.9 | 1.26 | Dividend Yield | 0.077 | 0.1 | 0.0994 |
Horizon Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Horizon Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Horizon Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Horizon Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Horizon Technology. Please utilize our Beneish M Score to check the likelihood of Horizon Technology's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Horizon Technology Backtesting, Horizon Technology Valuation, Horizon Technology Correlation, Horizon Technology Hype Analysis, Horizon Technology Volatility, Horizon Technology History and analyze Horizon Technology Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Horizon Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.