Horizon Spin Off And Fund Technical Analysis
| LSHAX Fund | USD 19.85 0.04 0.20% |
As of the 19th of April, Horizon Spin retains the Downside Deviation of 1.14, risk adjusted performance of 0.1035, and Market Risk Adjusted Performance of 0.2329. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Horizon Spin Off And, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Horizon Spin Off, which can be compared to its competitors. Please check out Horizon Spin Off variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Horizon Spin is priced fairly, providing market reflects its last-minute price of 19.85 per share.
Horizon Spin Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Horizon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HorizonHorizon |
Horizon Spin 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, fund market cycles, or different charting patterns.
Horizon Spin Off Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Horizon Spin Off volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Horizon Spin Off Trend Analysis
Use this graph to draw trend lines for Horizon Spin Off And. You can use it to identify possible trend reversals for Horizon Spin as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Horizon Spin price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Horizon Spin Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Horizon Spin Off And applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Horizon Spin Off And will continue generating value for investors. It has 122 observation points and a regression sum of squares at 97.8, which is the sum of squared deviations for the predicted Horizon Spin price change compared to its average price change.About Horizon Spin Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Horizon Spin Off And on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Horizon Spin Off And based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Horizon Spin Off price pattern first instead of the macroeconomic environment surrounding Horizon Spin Off. By analyzing Horizon Spin's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Horizon Spin's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Horizon Spin specific price patterns or momentum indicators. Please read more on our technical analysis page.
Horizon Spin April 19, 2024 Technical Indicators
Most technical analysis of Horizon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Horizon from various momentum indicators to cycle indicators. When you analyze Horizon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1035 | |||
| Market Risk Adjusted Performance | 0.2329 | |||
| Mean Deviation | 0.8795 | |||
| Semi Deviation | 0.9779 | |||
| Downside Deviation | 1.14 | |||
| Coefficient Of Variation | 623.79 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.25 | |||
| Information Ratio | 0.0989 | |||
| Jensen Alpha | 0.1247 | |||
| Total Risk Alpha | 0.0632 | |||
| Sortino Ratio | 0.0966 | |||
| Treynor Ratio | 0.2229 | |||
| Maximum Drawdown | 4.97 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.77 | |||
| Downside Variance | 1.31 | |||
| Semi Variance | 0.9562 | |||
| Expected Short fall | (0.98) | |||
| Skewness | (0.37) | |||
| Kurtosis | 0.0664 |
Horizon Spin Off One Year Return
Based on the recorded statements, Horizon Spin Off And has an One Year Return of 5.3739%. This is 6.21% lower than that of the Kinetics family and significantly higher than that of the Mid-Cap Growth category. The one year return for all United States funds is 29.49% lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Spin Off And. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Horizon Spin Off information on this page should be used as a complementary analysis to other Horizon Spin'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 the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.