Horizon Active Financials
| AIMNX Fund | USD 8.34 0.01 0.12% |
Horizon |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Horizon Active Fund Summary
Horizon Active competes with Artisan Small, T Rowe, T Rowe, T Rowe, and Profunds-large Cap. The fund seeks to achieve the funds investment objective by allocating assets across various sectors of the global securities markets. The manager may execute the fund strategy by investing in exchange-traded funds or by investing directly in individual securities or baskets of securities. The fund will invest primarily in U.S. Dollar denominated securities, but may also invest a portion of its assets in non-U.S. Dollar denominated securities.Specialization | Intermediate Core-Plus Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US44053A8870 |
| Business Address | Horizon Funds |
| Mutual Fund Family | Horizon Investments |
| Mutual Fund Category | Intermediate Core-Plus Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 855 754 7932 |
| Currency | USD - US Dollar |
Horizon Active Key Financial Ratios
Horizon Active's financial ratios allow both analysts and investors to convert raw data from Horizon Active's financial statements into concise, actionable information that can be used to evaluate the performance of Horizon Active over time and compare it to other companies across industries.Horizon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Horizon Active's current stock value. Our valuation model uses many indicators to compare Horizon Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Horizon Active competition to find correlations between indicators driving Horizon Active's intrinsic value. More Info.Horizon Active Income is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Horizon Active Income is roughly 7.81 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Horizon Active's earnings, one of the primary drivers of an investment's value.Horizon Active Income Systematic Risk
Horizon Active's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Horizon Active volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Horizon Active Income correlated with the market. If Beta is less than 0 Horizon Active generally moves in the opposite direction as compared to the market. If Horizon Active Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Horizon Active Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Horizon Active is generally in the same direction as the market. If Beta > 1 Horizon Active moves generally in the same direction as, but more than the movement of the benchmark.
Horizon Active September 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Horizon Active help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Horizon Active Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Horizon Active Income based on widely used predictive technical indicators. In general, we focus on analyzing Horizon Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Horizon Active's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.245 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 1.1 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.3778 |
Other Information on Investing in Horizon Mutual Fund
Horizon Active 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 Active security.
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