Horizon OTC Stock Probability of Future OTC Stock Price Finishing Over 9.20

HRRB -  USA Stock  

USD 9.20  0.04  0.44%

Horizon Bancorp's future price is the expected price of Horizon Bancorp 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 Bancorp performance during a given time horizon utilizing its historical volatility.

Horizon Price Probability 

 
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Please check Horizon Bancorp Backtesting, Horizon Bancorp Valuation, Horizon Bancorp Correlation, Horizon Bancorp Hype Analysis, Horizon Bancorp Volatility, Horizon Bancorp History as well as Horizon Bancorp Performance. Please specify Horizon Bancorp time horizon, a valid symbol (red box) and a target price (blue box) you would like Horizon Bancorp odds to be computed.
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Horizon Bancorp Target Price Odds to finish over 9.20

The tendency of Horizon OTC Stock 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 above the current price in 90 days
 9.20 90 days 9.20  about 21.19
Based on a normal probability distribution, the odds of Horizon Bancorp to move above the current price in 90 days from now is about 21.19 (This Horizon Bancorp probability density function shows the probability of Horizon OTC Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Horizon Bancorp has a beta of -0.17. This usually indicates as returns on benchmark increase, returns on holding Horizon Bancorp are expected to decrease at a much lower rate. During the bear market, however, Horizon Bancorp is likely to outperform the market. Additionally The company has an alpha of 0.1065, implying that it can generate a 0.11 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Horizon Bancorp Price Density 
      Price 

Predictive Modules for Horizon Bancorp

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 Bancorp. 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 Bancorp'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 Bancorp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.929.2010.48
Details
Intrinsic
Valuation
LowReal ValueHigh
6.417.6910.12
Details
Naive
Forecast
LowNext ValueHigh
7.749.0210.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.019.329.63
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Horizon Bancorp. Your research has to be compared to or analyzed against Horizon Bancorp's peers to derive any actionable benefits. When done correctly, Horizon Bancorp'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 Bancorp.

Horizon Bancorp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Horizon Bancorp is not an exception. The market had few large corrections towards the Horizon Bancorp'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 Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Horizon Bancorp within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.11
β
Beta against DOW-0.17
σ
Overall volatility
0.25
Ir
Information ratio 0.029584

Horizon Bancorp 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 Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Horizon Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Horizon Bancorp has high likelihood to experience some financial distress in the next 2 years
Latest headline from seekingalpha.com: SoFi 50 Top Growth Stocks Down Big - These 3 Are Worth Considering - Seeking Alpha

Horizon Bancorp Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Horizon OTC Stock often depends not only on the future outlook of the current and potential Horizon Bancorp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Horizon Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day1.03k
Average Daily Volume In Three Month1.41k

Horizon Bancorp Technical Analysis

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

Horizon Bancorp Predictive Forecast Models

Horizon Bancorp time-series forecasting models is one of many Horizon Bancorp's otc stock 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 Bancorp'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 stock market movement and maximize returns from investment trading.

Things to note about Horizon Bancorp

Checking the ongoing alerts about Horizon Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Horizon Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Horizon Bancorp Alerts

Horizon Bancorp Alerts and Suggestions

Horizon Bancorp has high likelihood to experience some financial distress in the next 2 years
Latest headline from seekingalpha.com: SoFi 50 Top Growth Stocks Down Big - These 3 Are Worth Considering - Seeking Alpha
Please check Horizon Bancorp Backtesting, Horizon Bancorp Valuation, Horizon Bancorp Correlation, Horizon Bancorp Hype Analysis, Horizon Bancorp Volatility, Horizon Bancorp History as well as Horizon Bancorp Performance. Note that the Horizon Bancorp information on this page should be used as a complementary analysis to other Horizon Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Horizon OTC Stock analysis

When running Horizon Bancorp price analysis, check to measure Horizon Bancorp'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 Bancorp is operating at the current time. Most of Horizon Bancorp's value examination focuses on studying past and present price action to predict the probability of Horizon Bancorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Horizon Bancorp's price. Additionally, you may evaluate how the addition of Horizon Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Horizon Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Bancorp. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Horizon Bancorp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Bancorp's market value can be influenced by many factors that don't directly affect Horizon Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine Horizon Bancorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Bancorp'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.