HORIZON Mutual Fund Probability of Future Mutual Fund Price Finishing Over 12.58

AAANX
 Fund
  

USD 12.35  0.13  1.04%   

HORIZON ACTIVE's future price is the expected price of HORIZON ACTIVE instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of HORIZON ACTIVE ASSET performance during a given time horizon utilizing its historical volatility.
  
Please continue to HORIZON ACTIVE Backtesting, Portfolio Optimization, HORIZON ACTIVE Correlation, HORIZON ACTIVE Hype Analysis, HORIZON ACTIVE Volatility, HORIZON ACTIVE History as well as HORIZON ACTIVE Performance. Please specify HORIZON ACTIVE time horizon, a valid symbol (red box) and a target price (blue box) you would like HORIZON ACTIVE odds to be computed.

HORIZON ACTIVE Target Price Odds to finish over 12.58

The tendency of HORIZON Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 12.58  or more in 90 days
 12.35 90 days 12.58 
about 7.53
Based on a normal probability distribution, the odds of HORIZON ACTIVE to move over $ 12.58  or more in 90 days from now is about 7.53 (This HORIZON ACTIVE ASSET probability density function shows the probability of HORIZON Mutual Fund to fall within a particular range of prices over 90 days) . Probability of HORIZON ACTIVE ASSET price to stay between its current price of $ 12.35  and $ 12.58  at the end of the 90-day period is about 9.37 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.02 . This suggests HORIZON ACTIVE ASSET market returns are sensitive to returns on the market. As the market goes up or down, HORIZON ACTIVE is expected to follow. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. HORIZON ACTIVE ASSET is significantly underperforming NYSE Composite.
   HORIZON ACTIVE Price Density   
       Price  

Predictive Modules for HORIZON ACTIVE

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HORIZON ACTIVE ASSET. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of HORIZON ACTIVE'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. Please use the tools below to analyze the current value of HORIZON ACTIVE in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.7912.3513.91
Details
Intrinsic
Valuation
LowReal ValueHigh
10.6812.2413.80
Details
Naive
Forecast
LowNext ValueHigh
10.7712.3313.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.6712.3012.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HORIZON ACTIVE. Your research has to be compared to or analyzed against HORIZON ACTIVE's peers to derive any actionable benefits. When done correctly, HORIZON ACTIVE's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in HORIZON ACTIVE ASSET.

HORIZON ACTIVE Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. HORIZON ACTIVE is not an exception. The market had few large corrections towards the HORIZON ACTIVE's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold HORIZON ACTIVE ASSET, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HORIZON ACTIVE within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.03
β
Beta against NYSE Composite1.02
σ
Overall volatility
0.48
Ir
Information ratio -0.02

HORIZON ACTIVE Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of HORIZON ACTIVE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HORIZON ACTIVE ASSET can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund holds 99.15% of its assets under management (AUM) in equities

HORIZON ACTIVE Technical Analysis

HORIZON ACTIVE's future price can be derived by breaking down and analyzing its technical indicators over time. HORIZON Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HORIZON ACTIVE ASSET. In general, you should focus on analyzing HORIZON Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

HORIZON ACTIVE Predictive Forecast Models

HORIZON ACTIVE time-series forecasting models is one of many HORIZON ACTIVE's mutual fund analysis techniquest 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 HORIZON ACTIVE'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 mutual fund market movement and maximize returns from investment trading.

Things to note about HORIZON ACTIVE ASSET

Checking the ongoing alerts about HORIZON ACTIVE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HORIZON ACTIVE ASSET help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund holds 99.15% of its assets under management (AUM) in equities
Please continue to HORIZON ACTIVE Backtesting, Portfolio Optimization, HORIZON ACTIVE Correlation, HORIZON ACTIVE Hype Analysis, HORIZON ACTIVE Volatility, HORIZON ACTIVE History as well as HORIZON ACTIVE Performance. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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.