Horizon Securities (Taiwan) Performance
6015 Stock | TWD 12.15 0.15 1.22% |
On a scale of 0 to 100, Horizon Securities holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Horizon Securities are expected to decrease at a much lower rate. During the bear market, Horizon Securities is likely to outperform the market. Please check Horizon Securities' total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Horizon Securities' current trending patterns will revert.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Horizon Securities Co are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Horizon Securities showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow | 1.2 B | |
Total Cashflows From Investing Activities | -272.7 M |
Horizon |
Horizon Securities Relative Risk vs. Return Landscape
If you would invest 1,093 in Horizon Securities Co on December 30, 2023 and sell it today you would earn a total of 137.00 from holding Horizon Securities Co or generate 12.53% return on investment over 90 days. Horizon Securities Co is generating 0.2274% of daily returns and assumes 1.6042% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Horizon, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
Horizon Securities Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Securities' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Horizon Securities Co, and traders can use it to determine the average amount a Horizon Securities' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1418
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Estimated Market Risk
1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Horizon Securities is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Horizon Securities by adding it to a well-diversified portfolio.
Horizon Securities Fundamentals Growth
Horizon Stock prices reflect investors' perceptions of the future prospects and financial health of Horizon Securities, and Horizon Securities fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Horizon Stock performance.
Return On Equity | 0.0193 | |||
Return On Asset | 0.0065 | |||
Current Valuation | 1.27 B | |||
Shares Outstanding | 351.25 M | |||
Price To Earning | 8.07 X | |||
Price To Book | 0.76 X | |||
Price To Sales | 3.42 X | |||
Revenue | 3.04 B | |||
EBITDA | 1.46 B | |||
Cash Per Share | 15.64 X | |||
Debt To Equity | 0.89 % | |||
Cash Flow From Operations | 1.58 B | |||
Earnings Per Share | 0.18 X | |||
Total Asset | 16.5 B | |||
About Horizon Securities Performance
To evaluate Horizon Securities Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Horizon Securities generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Horizon Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Horizon Securities market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Horizon's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Horizon Securities Co., Ltd. provides securities brokerage services in Taiwan. The company was incorporated in 1961 and is headquartered in Taipei, Taiwan. HORIZON SECURITIES is traded on Taiwan OTC Exchange in Taiwan.Things to note about Horizon Securities performance evaluation
Checking the ongoing alerts about Horizon Securities for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Horizon Securities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.About 26.0% of the company shares are owned by insiders or employees |
- Analyzing Horizon Securities' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Horizon Securities' stock is overvalued or undervalued compared to its peers.
- Examining Horizon Securities' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Horizon Securities' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horizon Securities' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Horizon Securities' stock. These opinions can provide insight into Horizon Securities' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Horizon Securities Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Horizon Stock analysis
When running Horizon Securities' price analysis, check to measure Horizon Securities' 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 Horizon Securities is operating at the current time. Most of Horizon Securities' value examination focuses on studying past and present price action to predict the probability of Horizon Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Securities' price. Additionally, you may evaluate how the addition of Horizon Securities to your portfolios can decrease your overall portfolio volatility.
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