Horizon Bancorp Price to Sales vs. Price to Book
Considering Horizon Bancorp's profitability and operating efficiency indicators, Horizon Bancorp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in May. Profitability indicators assess Horizon Bancorp's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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 if Horizon Bancorp is a good investment 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.
For Horizon Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Horizon Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Horizon Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Horizon Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Horizon Bancorp over time as well as its relative position and ranking within its peers.
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Horizon Bancorp Price to Book vs. Price to Sales Fundamental Analysis
Horizon Price to Book vs. Price to Sales
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Use Horizon Bancorp in pair-trading
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 Bancorp 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 Bancorp will appreciate offsetting losses from the drop in the long position's value.Horizon Bancorp Pair Trading
Horizon Bancorp Pair Trading Analysis
The ability to find closely correlated positions to CH Robinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CH Robinson 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 CH Robinson - 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 CH Robinson Worldwide to buy it.
The correlation of CH Robinson 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 CH Robinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CH Robinson Worldwide 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 CH Robinson 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.Use Investing Themes to Complement your Horizon Bancorp position
In addition to having Horizon Bancorp 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.Did You Try This Idea?
Run Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Horizon Pink Sheet
If you are still planning to invest in Horizon Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Horizon Bancorp's history and understand the potential risks before investing.
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