Horizon Active Income Fund Probability of Future Mutual Fund Price Finishing Under 7.98
| AIMNX Fund | USD 8.17 0.04 0.49% |
Horizon |
Horizon Active Target Price Odds to finish below 7.98
The tendency of Horizon Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 7.98 or more in 90 days |
| 8.17 | 90 days | 7.98 | near 1 |
Based on a normal probability distribution, the odds of Horizon Active to drop to $ 7.98 or more in 90 days from now is near 1 (This Horizon Active Income probability density function shows the probability of Horizon Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Horizon Active Income price to stay between $ 7.98 and its current price of $8.17 at the end of the 90-day period is about 9.41 .
Assuming the 90 days horizon Horizon Active Income has a beta of -0.0018. This suggests as returns on the benchmark increase, returns on holding Horizon Active are expected to decrease at a much lower rate. During a bear market, however, Horizon Active Income is likely to outperform the market. Additionally Horizon Active Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Horizon Active Price Density |
| Price |
Predictive Modules for Horizon Active
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Horizon Active Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Horizon Active Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Horizon Active is not an exception. The market had few large corrections towards the Horizon Active's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Horizon Active Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Horizon Active within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0002 | |
β | Beta against Dow Jones | -0.0018 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.7 |
Horizon Active Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Horizon Active for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Horizon Active Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Horizon Active generated a negative expected return over the last 90 days | |
| Horizon Active Income generated five year return of 0.0% | |
| This fund holds about 6.41% of its assets under management (AUM) in cash |
Horizon Active Technical Analysis
Horizon Active's future price can be derived by breaking down and analyzing its technical indicators over time. Horizon Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Horizon Active Income. In general, you should focus on analyzing Horizon Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Horizon Active Predictive Forecast Models
Horizon Active's time-series forecasting models is one of many Horizon Active's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Horizon Active's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Horizon Active Income
Checking the ongoing alerts about Horizon Active for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Horizon Active Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Horizon Active generated a negative expected return over the last 90 days | |
| Horizon Active Income generated five year return of 0.0% | |
| This fund holds about 6.41% of its assets under management (AUM) in cash |
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.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |