Horizon OTC Stock Performance

HRRB -  USA Stock  

USD 16.80  0.10  0.60%

On a scale of 0 to 100, Horizon Bancorp holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.3074, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Horizon's beta means in this case. As returns on the market increase, returns on owning Horizon Bancorp are expected to decrease at a much lower rate. During the bear market, Horizon Bancorp is likely to outperform the market. Although it is vital to follow Horizon Bancorp current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty technical indicators for Horizon Bancorp, which you can use to evaluate the performance of the firm. Please utilizes Horizon Bancorp information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to make a quick decision on whether Horizon Bancorp current trending patterns will revert.
  
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Horizon Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Horizon Bancorp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Horizon Bancorp sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Horizon Price Channel

Fifty Two Week Low7.30
Fifty Two Week High18.00

Horizon Bancorp Relative Risk vs. Return Landscape

If you would invest  1,050  in Horizon Bancorp on February 27, 2022 and sell it today you would earn a total of  630.00  from holding Horizon Bancorp or generate 60.0% return on investment over 90 days. Horizon Bancorp is currently generating 0.9932% in daily expected returns and assumes 8.8624% risk (volatility on return distribution) over the 90 days horizon. In different words, 76% of otc stocks are less volatile than Horizon, and 82% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Horizon Bancorp is expected to generate 6.6 times more return on investment than the market. However, the company is 6.6 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

Horizon Bancorp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Bancorp's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Horizon Bancorp, and traders can use it to determine the average amount a Horizon Bancorp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1121

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Estimated Market Risk
 8.86
  actual daily
 
 76 %
of total potential
 
7676
Expected Return
 0.99
  actual daily
 
 18 %
of total potential
 
1818
Risk-Adjusted Return
 0.11
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 8 %
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88
Based on monthly moving average Horizon Bancorp is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Horizon Bancorp by adding it to a well-diversified portfolio.

About Horizon Bancorp Performance

To evaluate Horizon Bancorp OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Horizon Bancorp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Horizon OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Horizon Bancorp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Horizon's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Community Bank that provides various banking products and services to commercial and consumer customers. Horizon Bancorp, Inc. was founded in 2002 and is headquartered in Lake Havasu City, Arizona. Horizon Bancorp operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 88 people.

Things to note about Horizon Bancorp

Checking the ongoing alerts about Horizon Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Horizon Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Horizon Bancorp Alerts

Equity Alerts and Improvement Suggestions

Horizon Bancorp is way too risky over 90 days horizon
Horizon Bancorp appears to be risky and price may revert if volatility continues
Latest headline from simplywall.st: Is Now The Time To Put FNCB Bancorp On Your Watchlist - Simply Wall St
Please check Risk vs Return Analysis. 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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Horizon Bancorp price analysis, check to measure Horizon Bancorp'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 Bancorp is operating at the current time. Most of Horizon Bancorp's value examination focuses on studying past and present price action to predict the probability of Horizon Bancorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Horizon Bancorp's price. Additionally, you may evaluate how the addition of Horizon Bancorp to your portfolios can decrease your overall portfolio volatility.
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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.