HORIZON ACTIVE Financial Statements From 2010 to 2023

AAANX Fund  USD 12.71  0.02  0.16%   
HORIZON ACTIVE financial statements provide useful quarterly and yearly information to potential HORIZON ACTIVE ASSET investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on HORIZON ACTIVE financial statements helps investors assess HORIZON ACTIVE's valuation, profitability, and current liquidity needs.
HORIZON ACTIVE ASSET does not now have any fundamental trends for analysis.
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Check HORIZON ACTIVE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HORIZON main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . HORIZON financial statements analysis is a perfect complement when working with HORIZON ACTIVE Valuation or Volatility modules. It can also supplement various HORIZON ACTIVE Technical models . Please continue to the analysis of HORIZON ACTIVE Correlation against competitors.

HORIZON Price to Earning Analysis

HORIZON ACTIVE's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
More About Price to Earning | All Equity Analysis

Current HORIZON ACTIVE Price to Earning

    
  17.76 X  
Most of HORIZON ACTIVE's fundamental indicators, such as Price to Earning, 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 ACTIVE ASSET is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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HORIZON ACTIVE Price to Earning Component Assessment

Based on the latest financial disclosure, the price to earning indicator of HORIZON ACTIVE ASSET is roughly 17.76 times. This is much higher than that of the Horizon Investments family and significantly higher than that of the Tactical Allocation category. The price to earning for all United States funds is notably lower than that of the firm.

HORIZON ACTIVE ASSET Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining HORIZON ACTIVE's current stock value. Our valuation model uses many indicators to compare HORIZON ACTIVE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across HORIZON ACTIVE competition to find correlations between indicators driving HORIZON ACTIVE's intrinsic value. More Info.
HORIZON ACTIVE ASSET is the top fund in price to book among similar funds. It is the top fund in net asset among similar funds making up about  313,146,667  of Net Asset per Price to Book. . Comparative valuation analysis is a catch-all model that can be used if you cannot value HORIZON ACTIVE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for HORIZON ACTIVE'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 ACTIVE's earnings, one of the primary drivers of an investment's value.

About HORIZON ACTIVE Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include HORIZON ACTIVE income statement, its balance sheet, and the statement of cash flows. HORIZON ACTIVE investors use historical funamental indicators, such as HORIZON ACTIVE's revenue or net income, to determine how well the company is positioned to perform in the future. Although HORIZON ACTIVE investors may use each financial statement separately, they are all related. The changes in HORIZON ACTIVE's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HORIZON ACTIVE's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on HORIZON ACTIVE Financial Statements. Understanding these patterns can help to make the right decision on long term investment in HORIZON ACTIVE. Please read more on our technical analysis and fundamental analysis pages.
The adviser selects asset classes using a flexible approach that allocates the Allocation funds portfolio between asset classes that Horizon believes offer the opportunity for the highest projected return for a given amount of risk. Horizon Active is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in HORIZON ACTIVE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with HORIZON ACTIVE

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 ACTIVE 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 ACTIVE will appreciate offsetting losses from the drop in the long position's value.

Moving together with HORIZON ACTIVE

The ability to find closely correlated positions to HORIZON ACTIVE 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 ACTIVE 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 ACTIVE - 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 ACTIVE ASSET to buy it.
The correlation of HORIZON ACTIVE is a statistical measure of how it moves in relation to other equities. 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 ACTIVE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HORIZON ACTIVE ASSET 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 ACTIVE 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.
Pair CorrelationCorrelation Matching
Please continue to the analysis of HORIZON ACTIVE Correlation against competitors. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for analysis

When running HORIZON ACTIVE ASSET price analysis, check to measure HORIZON ACTIVE'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 HORIZON ACTIVE is operating at the current time. Most of HORIZON ACTIVE's value examination focuses on studying past and present price action to predict the probability of HORIZON ACTIVE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HORIZON ACTIVE's price. Additionally, you may evaluate how the addition of HORIZON ACTIVE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between HORIZON ACTIVE's value and its price as these two are different measures arrived at by different means. Investors typically determine HORIZON ACTIVE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HORIZON ACTIVE'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.