Horizon OTC Stock Buy Hold or Sell Recommendation

HRRB -  USA Stock  

USD 8.80  0.05  0.56%

Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Horizon Bancorp is 'Hold'. Macroaxis provides Horizon Bancorp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HRRB positions. The advice algorithm takes into account all of Horizon Bancorp's available fundamental, technical, and predictive indicators you will find on this site.

Horizon Advice 

 
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The advice is provided from Horizon Bancorp's buy-and-hold perspective. Please check Horizon Bancorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Horizon and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Horizon Bancorp.

Execute Horizon Bancorp Buy or Sell Advice

The Horizon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Horizon Bancorp. Macroaxis does not own or have any residual interests in Horizon Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Horizon Bancorp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Horizon BancorpBuy Horizon Bancorp
Hold

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Quite HighDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Horizon Bancorp has a Risk Adjusted Performance of 0.0339, Jensen Alpha of 0.029, Total Risk Alpha of 0.0781 and Treynor Ratio of (0.93)
We provide advice to complement the regular expert consensus on Horizon Bancorp. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. Use Horizon Bancorp price to sales, total debt, as well as the relationship between the Total Debt and beta to ensure your buy or sell decision on Horizon Bancorp is adequate. Given that Horizon Bancorp has a gross profit of 18.67 M, we strongly advise you to confirm Horizon Bancorp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Horizon Bancorp Trading Alerts and Improvement Suggestions

Horizon Bancorp has high likelihood to experience some financial distress in the next 2 years
Latest headline from finance.yahoo.com: Heres Why Curis Could be Great Choice for a Bottom Fisher - Yahoo Finance

Horizon Bancorp Returns Distribution Density

The distribution of Horizon Bancorp's historical returns is an attempt to chart the future uncertainty of Horizon Bancorp's future price movements. The chart of the probability distribution of Horizon Bancorp stock daily returns describes the distribution of returns around its average expected value. We use Horizon Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Horizon Bancorp returns is essential to provide solid investment advice for Horizon Bancorp stock.
Mean Return0.0402Value At Risk-0.56
Potential Upside1.18Standard Deviation1.05
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Horizon Bancorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Horizon Bancorp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Horizon Bancorp or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Horizon Bancorp stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Horizon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.028985
β
Beta against DOW-0.03
σ
Overall volatility
1.04
Ir
Information ratio 0.07

Horizon Bancorp Volatility Alert

Horizon Bancorp exhibits very low volatility with skewness of 0.16 and kurtosis of 17.04. However, we advise investors to further study Horizon Bancorp technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Horizon Bancorp's otc stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Horizon Bancorp's otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Horizon Bancorp Implied Volatility

Horizon Bancorp's implied volatility exposes the market's sentiment of Horizon Bancorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Horizon Bancorp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Horizon Bancorp stock will not fluctuate a lot when Horizon Bancorp's options are near their expiration.

Horizon Bancorp Fundamentals Vs Peers

Comparing Horizon Bancorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Horizon Bancorp's direct or indirect competition across all of the common fundamentals between Horizon Bancorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Horizon Bancorp or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Horizon Bancorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Horizon Bancorp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Horizon Bancorp to competition
FundamentalsHorizon BancorpPeer Average
Profit Margin25.05 %(1.27) %
Operating Margin32.92 %(5.51) %
Current Valuation50.66 M16.62 B
Shares Outstanding4.13 M571.82 M
Shares Owned by Institutions1.95 %39.21 %
Price to Earning6.67 X28.72 X
Price to Book0.99 X9.51 X
Price to Sales1.67 X11.42 X
Revenue21.77 M9.43 B
Gross Profit18.67 M27.38 B
Net Income5.45 M570.98 M
Total Debt14.09 M5.32 B
Book Value Per Share8.87 X1.93 K
Earnings Per Share1.32 X3.12 X
Number of Employees8818.84 K
Beta0.92-0.15
Market Capitalization36.3 M19.03 B
Z Score1.28.72

About Horizon Bancorp Buy or Sell Advice

When is the right time to buy or sell Horizon Bancorp? Buying financial instruments such as Horizon OTC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Horizon Bancorp investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Horizon Bancorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Climate Change
Climate Change Theme
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. Climate Change theme has 38 constituents.
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Please check Horizon Bancorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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.