Horizon Kinetics Spac Etf Profile

SPAQ Etf  USD 97.96  0.02  0.02%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 41

 
100  
 
Zero
Below Average
Horizon Kinetics is selling at 97.96 as of the 29th of March 2024; that is 0.02 percent increase since the beginning of the trading day. The etf's last reported lowest price was 97.96. Horizon Kinetics has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Horizon Kinetics SPAC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.
III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York. Spartan Acquisition operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.. The company has 55.2 M outstanding shares of which 272.44 K shares are at this time shorted by private and institutional investors with about 1.14 trading days to cover. More on Horizon Kinetics SPAC

Horizon 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. Horizon Kinetics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Horizon Kinetics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorGeoffrey Strong
Thematic Ideas
(View all Themes)
Old NameSpinnaker Acquisitions PLC
Business ConcentrationStrategy ETFs, Theme ETFs, Shell Companies, Financial Services (View all Sectors)
IssuerHorizon Kinetics Asset Management
Inception Date2023-01-30
Entity TypeRegulated Investment Company
Asset Under Management16.41 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorHorizon Kinetics Asset Management LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerPhilip Goldstein, Andrew Dakos, Rajeev Das
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents39.0
Market MakerVirtu Financial
Total Expense0.85
Management Fee0.85
200 Day M A97.8948
Country NameUSA
50 Day M A96.837
CodeSPAQ
Updated At28th of March 2024
NameHorizon Kinetics SPAC Active ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01DMT9440
TypeETF
Horizon Kinetics SPAC [SPAQ] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund at this time have in assets. Horizon Kinetics SPAC currently holds about 497.04 K in cash with (2.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Horizon Kinetics Probability Of Bankruptcy

Top Horizon Kinetics SPAC Etf Constituents

BOWNBowen Acquisition CorpStockFinancials
FLFVFeutune Light AcquisitionStockFinancials
SVIISpring Valley AcquisitionStockFinancials
CITECartica Acquisition CorpStockFinancials
NETDNabors Energy TransitionStockFinancials
HYACHaymaker Acquisition CorpStockShell Companies
AACTAres AcquisitionStockFinancials
More Details

Horizon Kinetics Target Price Odds Analysis

In regard to a normal probability distribution, the odds of Horizon Kinetics jumping above the current price in 90 days from now is about 14.66%. The Horizon Kinetics SPAC probability density function shows the probability of Horizon Kinetics etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Horizon Kinetics has a beta of 0.0152. This usually implies as returns on the market go up, Horizon Kinetics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Horizon Kinetics SPAC will be expected to be much smaller as well. Additionally, horizon Kinetics SPAC has an alpha of 0.0073, implying that it can generate a 0.007306 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 97.96HorizonTargetOdds Above 97.96
84.74%90 days
 97.96 
14.66%
Based on a normal probability distribution, the odds of Horizon Kinetics to move above the current price in 90 days from now is about 14.66 (This Horizon Kinetics SPAC probability density function shows the probability of Horizon Etf to fall within a particular range of prices over 90 days) .

Horizon Kinetics SPAC Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Horizon Kinetics market risk premium is the additional return an investor will receive from holding Horizon Kinetics 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 Kinetics. 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 Horizon Kinetics' alpha and beta are two of the key measurements used to evaluate Horizon Kinetics' performance over the market, the standard measures of volatility play an important role as well.

Horizon Kinetics Against Markets

Picking the right benchmark for Horizon Kinetics 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 Horizon Kinetics 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 Horizon Kinetics is critical whether you are bullish or bearish towards Horizon Kinetics SPAC at a given time. Please also check how Horizon Kinetics' 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 Horizon Kinetics 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?

Run Bond Analysis Now

   

Bond Analysis

Evaluate and analyze corporate bonds as a potential investment for your portfolios.
All  Next Launch Module

How to buy Horizon Etf?

Before investing in Horizon Kinetics, 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 Horizon Kinetics. To buy Horizon Kinetics etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Horizon Kinetics. 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 Horizon Kinetics etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Horizon Kinetics SPAC 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 Horizon Kinetics SPAC 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 Horizon Kinetics SPAC, 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. For more information on how to buy Horizon Etf please use our How to Invest in Horizon Kinetics guide.

Already Invested in Horizon Kinetics SPAC?

The danger of trading Horizon Kinetics SPAC 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 Horizon Kinetics 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 Horizon Kinetics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Horizon Kinetics SPAC 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.
When determining whether Horizon Kinetics SPAC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Horizon Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Horizon Kinetics Spac Etf. Highlighted below are key reports to facilitate an investment decision about Horizon Kinetics Spac Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Horizon Kinetics SPAC. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Horizon Kinetics SPAC information on this page should be used as a complementary analysis to other Horizon Kinetics' 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Horizon Etf analysis

When running Horizon Kinetics' price analysis, check to measure Horizon Kinetics' 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 Horizon Kinetics is operating at the current time. Most of Horizon Kinetics' value examination focuses on studying past and present price action to predict the probability of Horizon Kinetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Kinetics' price. Additionally, you may evaluate how the addition of Horizon Kinetics to your portfolios can decrease your overall portfolio volatility.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Bonds Directory
Find actively traded corporate debentures issued by US companies
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Global Correlations
Find global opportunities by holding instruments from different markets
The market value of Horizon Kinetics SPAC 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 Kinetics' value that differs from its market value or its book value, called intrinsic value, which is Horizon Kinetics' 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 Kinetics' market value can be influenced by many factors that don't directly affect Horizon Kinetics' 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 Kinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Kinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Kinetics' 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.