Horizon Active Risk Fund Technical Analysis
| ARAAX Fund | USD 24.22 0.25 1.02% |
As of the 16th of April 2024, Horizon Active retains the Market Risk Adjusted Performance of 0.0705, downside deviation of 0.6876, and Risk Adjusted Performance of 0.0617. Horizon Active technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. 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 Active Risk, which can be compared to its competitors. Please check out Horizon Active Risk standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Horizon Active is priced fairly, providing market reflects its last-minute price of 24.22 per share.
Horizon Active 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 Active 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 Active Risk Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Active Risk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Horizon Active Risk Trend Analysis
Use this graph to draw trend lines for Horizon Active Risk. You can use it to identify possible trend reversals for Horizon Active 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 Active price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Horizon Active Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Horizon Active Risk applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Horizon Active Risk will continue generating value for investors. It has 122 observation points and a regression sum of squares at 25.98, which is the sum of squared deviations for the predicted Horizon Active price change compared to its average price change.About Horizon Active 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 Active Risk 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 Active Risk based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Horizon Active Risk price pattern first instead of the macroeconomic environment surrounding Horizon Active Risk. By analyzing Horizon Active'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 Active'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 Active specific price patterns or momentum indicators. Please read more on our technical analysis page.
Horizon Active April 16, 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0617 | |||
| Market Risk Adjusted Performance | 0.0705 | |||
| Mean Deviation | 0.5521 | |||
| Semi Deviation | 0.5771 | |||
| Downside Deviation | 0.6876 | |||
| Coefficient Of Variation | 1034.46 | |||
| Standard Deviation | 0.7068 | |||
| Variance | 0.4995 | |||
| Information Ratio | 0.0079 | |||
| Jensen Alpha | 0.0075 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0082 | |||
| Treynor Ratio | 0.0605 | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.11 | |||
| Downside Variance | 0.4729 | |||
| Semi Variance | 0.3331 | |||
| Expected Short fall | (0.62) | |||
| Skewness | 0.07 | |||
| Kurtosis | 0.2144 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Horizon Active Risk. 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 Active Risk information on this page should be used as a complementary analysis to other Horizon Active'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.