Horizon OTC Stock Technical Analysis

HRRB -  USA Stock  

USD 9.20  0.00  0.00%

As of the 19th of January, Horizon Bancorp retains the Downside Deviation of 2.53, market risk adjusted performance of (1.07), and Risk Adjusted Performance of 0.0726. 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 9.2 per share. Given that Horizon Bancorp has jensen alpha of 0.0976, we strongly advise you to confirm Horizon Bancorp's regular market performance to make sure the company can sustain itself at a future point.

Horizon Technical Analysis 

 
Refresh
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
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

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   0.010235  , which means Horizon Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.96, 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 January 19, 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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.
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
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.