New Horizon Aircraft Stock Analysis
| HOVRW Stock | 0.01 0 20.13% |
New Horizon Aircraft is overvalued with Real Value of 0.0118 and Hype Value of 0.01. The main objective of New Horizon stock analysis is to determine its intrinsic value, which is an estimate of what New Horizon Aircraft is worth, separate from its market price. There are two main types of New Horizon's stock analysis: fundamental analysis and technical analysis.
The New Horizon stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. New Horizon is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday. New Stock trading window is adjusted to America/New York timezone.
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New Stock Analysis Notes
The company had not issued any dividends in recent years. To learn more about New Horizon Aircraft call the company at 613-866-1935 or check out https://www.horizonaircraft.com.New Horizon Aircraft Investment Alerts
| New Horizon Aircraft generated a negative expected return over the last 90 days | |
| New Horizon Aircraft has high historical volatility and very poor performance | |
| New Horizon Aircraft has some characteristics of a very speculative penny stock | |
| New Horizon Aircraft has high likelihood to experience some financial distress in the next 2 years | |
| New Horizon Aircraft was previously known as Pono Capital Three, and was traded on NASDAQ Exchange under the symbol PTHRW. | |
| New Horizon generates negative cash flow from operations | |
| New Horizon Aircraft has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: EF Hutton sets stock target, buy rating on Horizon Aircraft, cites revenue potential - Investing.com |
New Horizon Thematic Classifications
In addition to having New Horizon stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | AircraftUSA Equities from Aircraft industry as classified by Fama & French |
New Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.07 | 0.07 |
Technical Drivers
As of the 11th of October 2024, New Horizon secures the Downside Deviation of 22.33, risk adjusted performance of 0.0767, and Mean Deviation of 16.52. New Horizon Aircraft technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify New Horizon Aircraft jensen alpha and semi variance to decide if New Horizon Aircraft is priced some-what accurately, providing market reflects its recent price of 0.0123 per share. As New Horizon Aircraft appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.New Horizon Aircraft Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. New Horizon middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for New Horizon Aircraft. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
New Horizon Predictive Daily Indicators
New Horizon intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of New Horizon stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
New Horizon Forecast Models
New Horizon's time-series forecasting models are one of many New Horizon's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary New Horizon's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About New Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how New Horizon prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling New shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as New Horizon. By using and applying New Stock analysis, traders can create a robust methodology for identifying New entry and exit points for their positions.
| Last Reported | Projected for Next Year |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding New Horizon to your portfolios without increasing risk or reducing expected return.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
Additional Tools for New Stock Analysis
When running New Horizon's price analysis, check to measure New Horizon'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 New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.