Horizon OTC Stock Technical Analysis

HRRB
 Stock
  

USD 16.70  0.00  0.00%   

As of the 2nd of July, Horizon Bancorp retains the market risk adjusted performance of 1.7, and Risk Adjusted Performance of (0.15). Horizon Bancorp 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 firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Horizon Bancorp, which can be compared to its competitors. Please check out Horizon Bancorp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Horizon Bancorp is priced fairly, providing market reflects its last-minute price of 16.7 per share. Given that Horizon Bancorp has jensen alpha of (0.08), we strongly advise you to confirm Horizon Bancorp's regular market performance to make sure the company can sustain itself at a future point.
  
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Horizon Bancorp 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 Horizon
Horizon Bancorp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Horizon Bancorp technical otc stock 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, stock market cycles, or different charting patterns.
A focus of Horizon Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Horizon Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Horizon Bancorp Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Horizon Bancorp volatility developed by Welles Wilder.
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Horizon Bancorp Trend Analysis

Use this graph to draw trend lines for Horizon Bancorp. You can use it to identify possible trend reversals for Horizon Bancorp 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 Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Horizon Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Horizon Bancorp applied against its price change over selected period. The best fit line has a slop of   -0.0087  , which may suggest that Horizon Bancorp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.86, which is the sum of squared deviations for the predicted Horizon Bancorp price change compared to its average price change.

About Horizon Bancorp 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 Bancorp 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 Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Horizon Bancorp stock first instead of the macroeconomic environment surrounding Horizon Bancorp. By analyzing Horizon Bancorp'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 Bancorp'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 Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.

Horizon Bancorp July 2, 2022 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.
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Horizon OTC Stock analysis

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.
Quarterly Earnings Growth YOY
-0.24
Market Capitalization
68.9 M
Quarterly Revenue Growth YOY
0.043
Return On Assets
0.0111
Return On Equity
0.16
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.