Horizon Stock Buy Hold or Sell Recommendation

HRZN -  USA Stock  

USD 16.89  0.01  0.06%

Given the investment horizon of 90 days and your below-average risk tolerance, our recommendation regarding Horizon Technology F is 'Hold'. Macroaxis provides Horizon Technology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HRZN positions. The advice algorithm takes into account all of Horizon Technology'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 Technology's buy-and-hold perspective. Please check Horizon Technology 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 Technology F.

Execute Horizon Technology 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 Technology F. Macroaxis does not own or have any residual interests in Horizon Technology F or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Horizon Technology's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Horizon TechnologyBuy Horizon Technology
Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Horizon Technology F has a Risk Adjusted Performance of 0.0052, Jensen Alpha of 0.0151, Total Risk Alpha of 0.0685, Sortino Ratio of 0.0286 and Treynor Ratio of (0.016074)
Our advice tool can cross-verify current analyst consensus on Horizon Technology and to analyze the company potential to grow in the current economic cycle. To make sure Horizon Technology F is not overpriced, please check out all Horizon Technology fundamentals, including its debt to equity, and the relationship between the gross profit and price to earnings to growth . Given that Horizon Technology has a number of shares shorted of 438.73 K, we strongly advise you to confirm Horizon Technology 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 Technology Trading Alerts and Improvement Suggestions

Horizon Technology generated a negative expected return over the last 90 days
Horizon Technology F currently holds about 26.74 M in cash with (34.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.34.
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Horizon Technology current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Horizon analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Horizon analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price14.85
Target Median Price14.50
Target High Price19.00
Recommendation Mean3.20
Number Of Analyst Opinions5
Target Low Price10.75
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Horizon Technology Returns Distribution Density

The distribution of Horizon Technology's historical returns is an attempt to chart the future uncertainty of Horizon Technology's future price movements. The chart of the probability distribution of Horizon Technology stock daily returns describes the distribution of returns around its average expected value. We use Horizon Technology F price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Horizon Technology returns is essential to provide solid investment advice for Horizon Technology stock.
Mean Return0.002649Value At Risk-1.69
Potential Upside1.22Standard Deviation1.20
 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 Technology 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 Technology Cash Flow Accounts

201620172018201920202021 (projected)
Net Cash Flow or Change in Cash and Cash Equivalents16.37 M(30.54 M)6 M4.79 M30.37 M32.77 M
Issuance Repayment of Debt Securities(19.77 M)(2 M)31.88 M24.69 M32.36 M34.91 M
Payment of Dividends and Other Cash Distributions(15.66 M)(13.65 M)(13.67 M)(15.59 M)(21.32 M)(23 M)
Net Cash Flow from Financing(35.94 M)(15.7 M)18.05 M56.2 M55.66 M60.05 M
Net Cash Flow from Operations52.31 M(14.84 M)(12.06 M)(51.41 M)(25.28 M)(25.95 M)

Horizon Technology 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 Technology 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 Technology 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
0.015117
β
Beta against DOW0.46
σ
Overall volatility
1.22
Ir
Information ratio 0.0349

Horizon Technology Volatility Alert

Horizon Technology F has relatively low volatility with skewness of -0.95 and kurtosis of 8.61. However, we advise all investors to independently investigate Horizon Technology F to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Horizon Technology's 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 Technology's 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 Technology Implied Volatility

Horizon Technology's implied volatility exposes the market's sentiment of Horizon Technology F stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Horizon Technology'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 Technology stock will not fluctuate a lot when Horizon Technology's options are near their expiration.

Horizon Technology Fundamentals Vs Peers

Comparing Horizon Technology'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 Technology's direct or indirect competition across all of the common fundamentals between Horizon Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Horizon Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Horizon Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Horizon Technology by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Horizon Technology to competition
FundamentalsHorizon TechnologyPeer Average
Return On Equity5.59 %(0.31) %
Return On Asset4.79 %(0.14) %
Profit Margin24.23 %(1.27) %
Operating Margin66.87 %(5.51) %
Current Valuation518.69 M16.62 B
Shares Outstanding19.66 M571.82 M
Shares Owned by Insiders1.67 %10.09 %
Shares Owned by Institutions10.22 %39.21 %
Number of Shares Shorted438.73 K4.71 M
Price to Earning23.57 X28.72 X
Price to Book1.53 X9.51 X
Price to Sales6.79 X11.42 X
Revenue49.1 M9.43 B
Gross Profit46.03 M27.38 B
EBITDA14.65 M3.9 B
Net Income11.9 M570.98 M
Cash and Equivalents26.74 M2.7 B
Cash per Share1.34 X5.01 X
Total Debt220.2 M5.32 B
Debt to Equity0.98 %48.70 %
Current Ratio3.56 X2.16 X
Book Value Per Share11.07 X1.93 K
Cash Flow from Operations(34.19 M)971.22 M
Short Ratio4.33 X4.00 X
Earnings Per Share0.72 X3.12 X
Price to Earnings To Growth2.70 X4.89 X
Number of Employees1218.84 K
Beta1.08-0.15
Market Capitalization333.23 M19.03 B
Total Asset280.9 M29.47 B
Retained Earnings(43.74 M)9.33 B
Z Score0.68.72
Five Year Return10.46 %
   Purchase by Robert Pomeroy of 600 shares of Horizon Technology [view details]

Horizon Technology Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Horizon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution678.92
Daily Balance Of Power0.0417
Rate Of Daily Change1.0
Day Median Price16.98
Day Typical Price16.95
Market Facilitation Index0.0
Price Action Indicator(0.09)

About Horizon Technology Buy or Sell Advice

When is the right time to buy or sell Horizon Technology F? Buying financial instruments such as Horizon 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 Technology 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.
 2018 2019 2020 2021 (projected)
Cash and Equivalents12.59 M6.46 M19.5 M18.32 M
Total Assets266.75 M344 M407.16 M370.53 M

Use Investing Ideas to Build Portfolios

In addition to having Horizon Technology 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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Investor Favorites Theme
Macroaxis most traded equities with largest long positions over the last 2 years. Investor Favorites theme has 21 constituents.
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Please check Horizon Technology 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 Technology information on this page should be used as a complementary analysis to other Horizon Technology'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is Horizon Technology'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 Technology. 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 Technology 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 Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology'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 Technology's market value can be influenced by many factors that don't directly affect Horizon Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Horizon Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology'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.