Horizons Active Global Etf Profile
| HAF Etf | CAD 7.08 0.06 0.84% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Horizons Active is selling at 7.08 as of the 30th of April 2024; that is -0.84 percent decrease since the beginning of the trading day. The etf's open price was 7.14. Horizons Active has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Horizons Active Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 30th of April 2024. Click here to learn more.
The investment objectives of Horizons HAF are to seek to provide holders of Units with a stable stream of monthly distributions and the opportunity for capital appreciation through a tactical asset allocation strategy that includes managing the duration and yield of its exposure to fixed income and fixed income-like securities according to the prevailing interest rate environment. More on Horizons Active Global
Moving together with Horizons Etf
| 0.8 | MUB | Mackenzie Unconstrained | PairCorr |
| 0.85 | ZGSB | BMO Global Strategic | PairCorr |
| 0.76 | XSE | iShares Conservative | PairCorr |
| 0.82 | XSC | iShares Conservative | PairCorr |
| 0.86 | BND | Purpose Global Bond | PairCorr |
| 0.7 | ZMSB | BMO Sustainable Global | PairCorr |
Horizons Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Horizons Active's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Horizons Active or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Multi-Sector Fixed Income , Horizons ETFs Management (Canada) Inc (View all Sectors) |
| Updated At | 29th of April 2024 |
Horizons Active Global [HAF] is traded in Canada and was established 2009-07-20. The fund is listed under Multi-Sector Fixed Income category and is part of Horizons ETFs Management (Canada) Inc family. Horizons Active Global currently have 46.32 M in assets under management (AUM). , while the total return for the last 3 years was 1.6%.
Check Horizons Active Probability Of Bankruptcy
Top Horizons Active Global Etf Constituents
| United States Treasury Notes 2.38% | 3.76% |
| Laurentian Bank of Canada 4.25% | 1.86% |
| Horizons Active Hybrid Bd&Pref ETF Comm | 3.32% |
| Horizons Active Ultra-Shrt Trm IG Bd ETF | 3.18% |
| Mexico (United Mexican States) 7.86% | 3.63% |
| Horizons Active Emerging Markets Bd ETF | 5.6900002% |
| Canada (Government of) | 2.2% |
| Horizons Active Cdn Municipal Bd ETF E | 14.71% |
| Horizons Active Preferred Share ETF Comm | 4.95% |
Horizons Active Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Horizons Active jumping above the current price in 90 days from now is close to 99%. The Horizons Active Global probability density function shows the probability of Horizons Active etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Horizons Active has a beta of 0.2094. This usually indicates as returns on the market go up, Horizons Active average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Horizons Active Global will be expected to be much smaller as well. Additionally, horizons Active Global has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Horizons Active to move above the current price in 90 days from now is close to 99 (This Horizons Active Global probability density function shows the probability of Horizons Etf to fall within a particular range of prices over 90 days) .
Horizons Active Global Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Horizons Active market risk premium is the additional return an investor will receive from holding Horizons Active 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 Horizons Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Horizons Active's alpha and beta are two of the key measurements used to evaluate Horizons Active's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2832 | |||
| Semi Deviation | 0.3128 | |||
| Standard Deviation | 0.3866 | |||
| Variance | 0.1495 |
Horizons Active Global Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Horizons Active Global Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Horizons Active price patterns.
Horizons Active Against Markets
Picking the right benchmark for Horizons Active etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Horizons Active etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Horizons Active is critical whether you are bullish or bearish towards Horizons Active Global at a given time. Please also check how Horizons Active's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Horizons Active without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Horizons Etf?
Before investing in Horizons Active, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Horizons Active. To buy Horizons Active etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Horizons Active. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Horizons Active etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Horizons Active Global etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Horizons Active Global etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Horizons Active Global, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Horizons Active Global?
The danger of trading Horizons Active Global is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Horizons Active is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Horizons Active. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Horizons Active Global is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizons Active Global. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Horizons Active Global information on this page should be used as a complementary analysis to other Horizons Active's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.