Horizon Mutual Fund Alpha and Beta Analysis

AAANX
 Fund
  

USD 11.87  0.07  0.59%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Horizon Active Asset. It also helps investors analyze the systematic and unsystematic risks associated with investing in Horizon Active over a specified time horizon. Remember, high Horizon Active's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Horizon Active Backtesting, Portfolio Optimization, Horizon Active Correlation, Horizon Active Hype Analysis, Horizon Active Volatility, Horizon Active History and analyze Horizon Active Performance.
  
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Please note that although Horizon Active alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Horizon Active did 0.034  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Horizon Active Asset fund's relative risk over its benchmark. Horizon Active Asset has a beta of 1.01  . Let's try to break down what Horizon's beta means in this case. Horizon Active returns are very sensitive to returns on the market. As the market goes up or down, Horizon Active is expected to follow.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Horizon Active Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Horizon Active market risk premium is the additional return an investor will receive from holding Horizon Active long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Horizon Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Horizon Active's performance over market.
α-0.03   β1.01
90 days against DJI

Horizon Active expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Horizon Active's Buy-and-hold return. Our buy-and-hold chart shows how Horizon Active performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Horizon Active Market Price Analysis

Market price analysis indicators help investors to evaluate how Horizon Active mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Horizon Active shares will generate the highest return on investment. By understating and applying Horizon Active mutual fund market price indicators, traders can identify Horizon Active position entry and exit signals to maximize returns.

Horizon Active Return and Market Media

The median price of Horizon Active for the period between Sat, Apr 2, 2022 and Fri, Jul 1, 2022 is 12.83 with a coefficient of variation of 5.15. The daily time series for the period is distributed with a sample standard deviation of 0.66, arithmetic mean of 12.81, and mean deviation of 0.54. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About Horizon Active Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Horizon Active Asset has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Horizon Active Investors Sentiment

The influence of Horizon Active's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Horizon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Horizon Active in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Horizon Active's short interest history, or implied volatility extrapolated from Horizon Active options trading.

Current Sentiment - AAANX

Horizon Active Asset Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Horizon Active Asset. What is your judgment towards investing in Horizon Active Asset? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Build Portfolio with Horizon Active

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Horizon Active Backtesting, Portfolio Optimization, Horizon Active Correlation, Horizon Active Hype Analysis, Horizon Active Volatility, Horizon Active History and analyze Horizon Active Performance. Note that the Horizon Active Asset information on this page should be used as a complementary analysis to other Horizon Active'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Horizon Mutual Fund 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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Horizon Active technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Horizon Active technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Horizon Active trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...