Horizon Kinetics Financial Statements From 2010 to 2025
| MEDX Etf | 26.44 0.14 0.53% |
Check Horizon Kinetics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horizon Kinetics' main balance sheet or income statement drivers, such as , as well as many indicators such as . Horizon financial statements analysis is a perfect complement when working with Horizon Kinetics Valuation or Volatility modules.
Horizon |
Horizon Kinetics Medical ETF Beta Analysis
Horizon Kinetics' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Horizon Kinetics Beta | 0.53 |
Most of Horizon Kinetics' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Horizon Kinetics Medical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Horizon Kinetics Medical has a Beta of 0.53. This is much higher than that of the family and significantly higher than that of the Health category. The beta for all United States etfs is notably lower than that of the firm.
About Horizon Kinetics Financial Statements
Horizon Kinetics investors use historical fundamental indicators, such as Horizon Kinetics' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Horizon Kinetics. Please read more on our technical analysis and fundamental analysis pages.
Horizon Kinetics is entity of United States. It is traded as Etf on NASDAQ exchange.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out the analysis of Horizon Kinetics Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Horizon Kinetics Medical 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 Kinetics' value that differs from its market value or its book value, called intrinsic value, which is Horizon Kinetics' 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 Kinetics' market value can be influenced by many factors that don't directly affect Horizon Kinetics' 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 Kinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Kinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Kinetics' 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.