Horizon Active Asset Fund Equity Positions Weight
| AAANX Fund | USD 14.34 0.03 0.21% |
Horizon Active Asset fundamentals help investors to digest information that contributes to Horizon Active's financial success or failures. It also enables traders to predict the movement of Horizon Mutual Fund. The fundamental analysis module provides a way to measure Horizon Active's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Horizon Active mutual fund.
Horizon |
Horizon Active Asset Mutual Fund Equity Positions Weight Analysis
Horizon Active's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Current Horizon Active Equity Positions Weight | 99.15 % |
Most of Horizon Active's fundamental indicators, such as Equity Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Horizon Active Asset is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, Horizon Active Asset has an Equity Positions Weight of 99%. This is much higher than that of the Horizon Investments family and significantly higher than that of the Tactical Allocation category. The equity positions weight for all United States funds is notably lower than that of the firm.
Horizon Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Horizon Active's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Horizon Active could also be used in its relative valuation, which is a method of valuing Horizon Active by comparing valuation metrics of similar companies.Horizon Active is currently under evaluation in equity positions weight among similar funds.
Fund Asset Allocation for Horizon Active
The fund invests 99.15% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.84%) and various exotic instruments (0.01%).Asset allocation divides Horizon Active's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Horizon Fundamentals
| Price To Earning | 17.76 X | ||||
| Price To Book | 2.25 X | ||||
| Price To Sales | 1.57 X | ||||
| Total Asset | 871.06 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 3.58 % | ||||
| One Year Return | 18.48 % | ||||
| Three Year Return | 3.07 % | ||||
| Five Year Return | 8.09 % | ||||
| Net Asset | 901.88 M | ||||
| Minimum Initial Investment | 2.5 K | ||||
| Last Dividend Paid | 0.07 | ||||
| Cash Position Weight | 0.84 % | ||||
| Equity Positions Weight | 99.15 % |
About Horizon Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Horizon Active Asset's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Horizon Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Horizon Active Asset based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.
Pair Trading with Horizon Active
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Active position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Active will appreciate offsetting losses from the drop in the long position's value.Moving together with Horizon Mutual Fund
| 1.0 | ARANX | Horizon Active Risk | PairCorr |
| 0.99 | ARAAX | Horizon Active Risk | PairCorr |
| 1.0 | HNDDX | Horizon Active Dividend | PairCorr |
| 0.98 | HNDRX | Horizon Defined Risk | PairCorr |
The ability to find closely correlated positions to Horizon Active could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Active when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Active - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Active Asset to buy it.
The correlation of Horizon Active is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Active moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Active Asset moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Active can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Horizon Active Asset. 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 board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.