New Horizon Aircraft Stock Market Value
| HOVR Stock | 2.06 0.16 7.21% |
| Symbol | New |
Can Aerospace & Defense industry sustain growth momentum? Does New have expansion opportunities? Factors like these will boost the valuation of New Horizon. Market participants price New higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating New Horizon demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Understanding New Horizon Aircraft requires distinguishing between market price and book value, where the latter reflects New's accounting equity. The concept of intrinsic value—what New Horizon's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push New Horizon's price substantially above or below its fundamental value.
Please note, there is a significant difference between New Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, New Horizon's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
New Horizon 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to New Horizon's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of New Horizon.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in New Horizon on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding New Horizon Aircraft or generate 0.0% return on investment in New Horizon over 90 days. New Horizon is related to or competes with Safe Pro, Coda Octopus, Mastech Holdings, DHI, Bridger Aerospace, BUUU Group, and NN. New Horizon is entity of United States. It is traded as Stock on NASDAQ exchange. More
New Horizon Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure New Horizon's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess New Horizon Aircraft upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.63 | |||
| Information Ratio | (0.0007) | |||
| Maximum Drawdown | 38.44 | |||
| Value At Risk | (9.62) | |||
| Potential Upside | 13.16 |
New Horizon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Horizon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Horizon's standard deviation. In reality, there are many statistical measures that can use New Horizon historical prices to predict the future New Horizon's volatility.| Risk Adjusted Performance | 0.0157 | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0.0007) | |||
| Treynor Ratio | 0.016 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Horizon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
New Horizon January 29, 2026 Technical Indicators
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| Risk Adjusted Performance | 0.0157 | |||
| Market Risk Adjusted Performance | 0.026 | |||
| Mean Deviation | 5.81 | |||
| Semi Deviation | 6.97 | |||
| Downside Deviation | 7.63 | |||
| Coefficient Of Variation | 11083.83 | |||
| Standard Deviation | 7.74 | |||
| Variance | 59.92 | |||
| Information Ratio | (0.0007) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0.0007) | |||
| Treynor Ratio | 0.016 | |||
| Maximum Drawdown | 38.44 | |||
| Value At Risk | (9.62) | |||
| Potential Upside | 13.16 | |||
| Downside Variance | 58.14 | |||
| Semi Variance | 48.64 | |||
| Expected Short fall | (6.92) | |||
| Skewness | 0.0613 | |||
| Kurtosis | 1.27 |
New Horizon Aircraft Backtested Returns
New Horizon Aircraft has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. New Horizon exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Horizon's Risk Adjusted Performance of 0.0157, downside deviation of 7.63, and Mean Deviation of 5.81 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 3.74, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, New Horizon will likely underperform. At this point, New Horizon Aircraft has a negative expected return of -0.0694%. Please make sure to verify New Horizon's semi variance, as well as the relationship between the rate of daily change and relative strength index , to decide if New Horizon Aircraft performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
New Horizon Aircraft has modest reverse predictability. Overlapping area represents the amount of predictability between New Horizon time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of New Horizon Aircraft price movement. The serial correlation of -0.47 indicates that about 47.0% of current New Horizon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Pair Trading with New Horizon
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 New Horizon 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 New Horizon will appreciate offsetting losses from the drop in the long position's value.Moving together with New Stock
Moving against New Stock
The ability to find closely correlated positions to New Horizon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Horizon 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 New Horizon - 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 New Horizon Aircraft to buy it.
The correlation of New Horizon 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 New Horizon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Horizon Aircraft 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 New Horizon 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 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.