Kevin May - Horizon Technology Managing Coast
| HRZN Stock | USD 10.65 0.03 0.28% |
Insider
Kevin May is Managing Coast of Horizon Technology Finance
| Address | 312 Farmington Avenue, Farmington, CT, United States, 06032-2586 |
| Phone | 860 676 8654 |
| Web | https://www.horizontechfinance.com |
Horizon Technology Management Efficiency
The company has return on total asset (ROA) of 0.0719 % which means that it generated a profit of $0.0719 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0676) %, meaning that it created substantial loss on money invested by shareholders. Horizon Technology's management efficiency ratios could be used to measure how well Horizon Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of September 2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.02. At this time, Horizon Technology's Total Assets are very stable compared to the past year. As of the 30th of September 2024, Non Current Assets Total is likely to grow to about 776.1 M, though Non Currrent Assets Other are likely to grow to (733.7 M).Similar Executives
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Management Performance
| Return On Equity | -0.0676 | ||||
| Return On Asset | 0.0719 |
Horizon Technology Leadership Team
Elected by the shareholders, the Horizon Technology's board of directors comprises two types of representatives: Horizon Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Horizon. The board's role is to monitor Horizon Technology's management team and ensure that shareholders' interests are well served. Horizon Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Horizon Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Bombara, Chief Compliance Officer, Sr. VP, General Counsel and Secretary | ||
| CFA CFA, Chief VP | ||
| Todd McDonald, Southeast MidAtlantic | ||
| Daniel CFA, Chief VP | ||
| Daniel CPA, CFO VP | ||
| Megan Bacon, Director Marketing | ||
| Kevin May, Managing Coast | ||
| Gerald Michaud, Pres and Interested Director | ||
| Robert Michaud, Vice Technology | ||
| Lynn Dombrowski, Chief Officer | ||
| Kevin Walsh, Managing Coast | ||
| Robert Pomeroy, Chairman and CEO | ||
| Mishone Donelson, Managing Coast |
Horizon Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Horizon Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0676 | ||||
| Return On Asset | 0.0719 | ||||
| Profit Margin | (0.21) % | ||||
| Operating Margin | 0.83 % | ||||
| Current Valuation | 746.53 M | ||||
| Shares Outstanding | 36.06 M | ||||
| Shares Owned By Insiders | 1.30 % | ||||
| Shares Owned By Institutions | 6.61 % | ||||
| Number Of Shares Shorted | 747.1 K | ||||
| Price To Earning | 18.29 X |
Pair Trading with Horizon Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Technology will appreciate offsetting losses from the drop in the long position's value.Moving against Horizon Stock
| 0.83 | MA | Mastercard | PairCorr |
| 0.58 | DX | Dynex Capital | PairCorr |
| 0.55 | BN | Brookfield Corp Sell-off Trend | PairCorr |
| 0.55 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.52 | AB | AllianceBernstein | PairCorr |
The ability to find closely correlated positions to Horizon Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Technology Finance to buy it.
The correlation of Horizon Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Horizon Stock
When determining whether Horizon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horizon Technology Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Technology Finance Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Technology Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Technology. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.371 | Dividend Share 1.32 | Earnings Share (0.76) | Revenue Per Share 3.237 | Quarterly Revenue Growth (0.09) |
The market value of Horizon Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology's 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 Technology's market value can be influenced by many factors that don't directly affect Horizon Technology's 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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology's 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.