Horizon Spin Off And Fund Fundamentals
| LSHUX Fund | USD 19.53 0.37 1.86% |
Horizon Spin Off And fundamentals help investors to digest information that contributes to Horizon Spin's financial success or failures. It also enables traders to predict the movement of Horizon Mutual Fund. The fundamental analysis module provides a way to measure Horizon Spin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Horizon Spin mutual fund.
Horizon |
Horizon Spin Off And Mutual Fund Price To Book Analysis
Horizon Spin's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Horizon Spin Price To Book | 1.53 X |
Most of Horizon Spin's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Horizon Spin Off And is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Horizon Spin Off And has a Price To Book of 1.53 times. This is 146.77% higher than that of the Kinetics family and significantly higher than that of the Mid-Cap Growth category. The price to book for all United States funds is 106.76% lower than that of the firm.
Horizon Spin Off Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Horizon Spin's current stock value. Our valuation model uses many indicators to compare Horizon Spin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Horizon Spin competition to find correlations between indicators driving Horizon Spin's intrinsic value. More Info.Horizon Spin Off And is rated third overall fund in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Horizon Spin Off And is roughly 13.24 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Horizon Spin by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Horizon Spin's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Horizon Spin's earnings, one of the primary drivers of an investment's value.Horizon Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Horizon Spin's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Horizon Spin could also be used in its relative valuation, which is a method of valuing Horizon Spin by comparing valuation metrics of similar companies.Horizon Spin is currently under evaluation in price to book among similar funds.
Fund Asset Allocation for Horizon Spin
The fund consists of 94.01% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Horizon Spin's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Horizon Fundamentals
| Price To Earning | 20.26 X | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 1.02 X | |||
| Total Asset | 15.54 M | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 7.81 % | |||
| One Year Return | 10.55 % | |||
| Three Year Return | 3.24 % | |||
| Five Year Return | 12.58 % | |||
| Ten Year Return | 7.29 % | |||
| Net Asset | 21.85 M | |||
| Last Dividend Paid | 0.12 | |||
| Cash Position Weight | 5.92 % | |||
| Equity Positions Weight | 94.01 % |
About Horizon Spin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Horizon Spin Off And's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Horizon Spin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Horizon Spin Off And based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund will pursue its investment objective by investing at least 80 percent of its net assets in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, parents of any such companies, and publicly traded shareholder activist holding companies which, by way of their shareholder ownership in other companies, have caused such other companies to undergo spin-offs and other forms of corporate restructurings. It may invest in any size company, including small- and medium-sized companies. The fund is non-diversified.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Spin Off And. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.