Horizon Funds Fund Technical Analysis
| HTFAX Fund | USD 48.94 0.13 0.27% |
As of the 29th of November, Horizon Funds retains the Downside Deviation of 0.2449, market risk adjusted performance of 0.1152, and Risk Adjusted Performance of 0.0442. Horizon Funds technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
Horizon Funds Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Horizon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HorizonHorizon |
Horizon Funds technical mutual fund 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, fund market cycles, or different charting patterns.
Horizon Funds Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Horizon Funds volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Horizon Funds Trend Analysis
Use this graph to draw trend lines for Horizon Funds . You can use it to identify possible trend reversals for Horizon Funds as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Horizon Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Horizon Funds Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Horizon Funds applied against its price change over selected period. The best fit line has a slop of 0.0045 , which may suggest that Horizon Funds market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.76, which is the sum of squared deviations for the predicted Horizon Funds price change compared to its average price change.About Horizon Funds Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Horizon Funds on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Horizon Funds based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Horizon Funds price pattern first instead of the macroeconomic environment surrounding Horizon Funds. By analyzing Horizon Funds's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Horizon Funds's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Horizon Funds specific price patterns or momentum indicators. Please read more on our technical analysis page.
Horizon Funds November 29, 2024 Technical Indicators
Most technical analysis of Horizon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Horizon from various momentum indicators to cycle indicators. When you analyze Horizon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0442 | |||
| Market Risk Adjusted Performance | 0.1152 | |||
| Mean Deviation | 0.1892 | |||
| Semi Deviation | 0.1869 | |||
| Downside Deviation | 0.2449 | |||
| Coefficient Of Variation | 1149.18 | |||
| Standard Deviation | 0.236 | |||
| Variance | 0.0557 | |||
| Information Ratio | (0.44) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | 0.1052 | |||
| Maximum Drawdown | 1.13 | |||
| Value At Risk | (0.35) | |||
| Potential Upside | 0.3487 | |||
| Downside Variance | 0.06 | |||
| Semi Variance | 0.0349 | |||
| Expected Short fall | (0.20) | |||
| Skewness | (0.37) | |||
| Kurtosis | (0.01) |
Other Information on Investing in Horizon Mutual Fund
Horizon Funds financial ratios help investors to determine whether Horizon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Horizon with respect to the benefits of owning Horizon Funds security.
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