Is New Horizon Stock a Good Investment?
New Horizon Investment Advice | HOVRW |
- Examine New Horizon's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research New Horizon's leadership team and their track record. Good management can help New Horizon navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Aircraft space and any emerging trends that could impact New Horizon's business and its evolving consumer preferences.
- Compare New Horizon's performance and market position to its competitors. Analyze how New Horizon is positioned in terms of product offerings, innovation, and market share.
- Check if New Horizon pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about New Horizon's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in New Horizon Aircraft stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if New Horizon Aircraft is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine New Horizon Stock
Researching New Horizon's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company had not issued any dividends in recent years.
To determine if New Horizon is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding New Horizon's research are outlined below:
| New Horizon Aircraft had very high historical volatility over the last 90 days | |
| New Horizon Aircraft has some characteristics of a very speculative penny stock | |
| New Horizon Aircraft has a very high chance of going through financial distress in the upcoming years | |
| New Horizon Aircraft was previously known as Pono Capital Three, and was traded on NASDAQ Exchange under the symbol PTHRW. | |
| New Horizon generates negative cash flow from operations | |
| New Horizon Aircraft has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Horizon Aircraft to gain 20-25 million from contract termination - Investing.com |
New Horizon Quarterly Cash And Short Term Investments |
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New Horizon's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.26) | (1.32) | |
| Return On Capital Employed | (0.46) | (0.44) | |
| Return On Assets | (1.22) | (1.28) | |
| Return On Equity | 0.34 | 0.61 |
Determining New Horizon's profitability involves analyzing its financial statements and using various financial metrics to determine if New Horizon is a good buy. For example, gross profit margin measures New Horizon's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of New Horizon's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in New Horizon's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of New Horizon Aircraft. Check New Horizon's Beneish M Score to see the likelihood of New Horizon's management manipulating its earnings.
Basic technical analysis of New Stock
As of the 24th of November, New Horizon secures the Mean Deviation of 13.16, risk adjusted performance of 0.0562, and Downside Deviation of 19.82. New Horizon Aircraft technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify New Horizon Aircraft jensen alpha and semi variance to decide if New Horizon Aircraft is priced some-what accurately, providing market reflects its recent price of 0.0112 per share. As New Horizon Aircraft appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.Understand New Horizon's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing New Horizon's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0562 | |||
| Market Risk Adjusted Performance | 0.5576 | |||
| Mean Deviation | 13.16 | |||
| Semi Deviation | 14.63 | |||
| Downside Deviation | 19.82 | |||
| Coefficient Of Variation | 1645.71 | |||
| Standard Deviation | 19.43 | |||
| Variance | 377.52 | |||
| Information Ratio | 0.054 | |||
| Jensen Alpha | 0.9124 | |||
| Total Risk Alpha | (1.89) | |||
| Sortino Ratio | 0.053 | |||
| Treynor Ratio | 0.5476 | |||
| Maximum Drawdown | 100.28 | |||
| Value At Risk | (27.63) | |||
| Potential Upside | 39.09 | |||
| Downside Variance | 392.71 | |||
| Semi Variance | 213.92 | |||
| Expected Short fall | (17.86) | |||
| Skewness | 0.7924 | |||
| Kurtosis | 1.45 |
| Risk Adjusted Performance | 0.0562 | |||
| Market Risk Adjusted Performance | 0.5576 | |||
| Mean Deviation | 13.16 | |||
| Semi Deviation | 14.63 | |||
| Downside Deviation | 19.82 | |||
| Coefficient Of Variation | 1645.71 | |||
| Standard Deviation | 19.43 | |||
| Variance | 377.52 | |||
| Information Ratio | 0.054 | |||
| Jensen Alpha | 0.9124 | |||
| Total Risk Alpha | (1.89) | |||
| Sortino Ratio | 0.053 | |||
| Treynor Ratio | 0.5476 | |||
| Maximum Drawdown | 100.28 | |||
| Value At Risk | (27.63) | |||
| Potential Upside | 39.09 | |||
| Downside Variance | 392.71 | |||
| Semi Variance | 213.92 | |||
| Expected Short fall | (17.86) | |||
| Skewness | 0.7924 | |||
| Kurtosis | 1.45 |
Consider New Horizon's intraday indicators
New Horizon intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of New Horizon stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
New Horizon time-series forecasting models is one of many New Horizon's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary New Horizon'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 market movement and maximize returns from investment trading.
New Stock media impact
Far too much social signal, news, headlines, and media speculation about New Horizon that are available to investors today. That information is available publicly through New media outlets and privately through word of mouth or via New internal channels. However, regardless of the origin, that massive amount of New data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of New Horizon news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of New Horizon relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to New Horizon's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive New Horizon alpha.
New Horizon Corporate Management
| Phil Kelly | Senior Development | Profile | |
| Tom Brassington | Chief Officer | Profile | |
| Brian Merker | Chief Officer | Profile | |
| Stewart Lee | Head Strategy | Profile |
Additional Tools for New Stock Analysis
When running New Horizon's price analysis, check to measure New Horizon's 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 New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.