Horizon Spin Financials
| LSHUX Fund | USD 46.49 1.41 3.13% |
Horizon |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Horizon Spin Fund Summary
Horizon Spin competes with Horizon Us, Horizon Us, Horizon Defined, Horizon Active, and Horizon Active. The fund will pursue its investment objective by investing at least 80 percent of its net assets in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, parents of any such companies, and publicly traded shareholder activist holding companies which, by way of their shareholder ownership in other companies, have caused such other companies to undergo spin-offs and other forms of corporate restructurings. It may invest in any size company, including small- and medium-sized companies. The fund is non-diversified.Specialization | Mid-Cap Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Kinetics Mutual Funds |
| Mutual Fund Family | Kinetics |
| Mutual Fund Category | Mid-Cap Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 930 3828 |
| Currency | USD - US Dollar |
Horizon Spin Key Financial Ratios
Horizon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Horizon Spin's current stock value. Our valuation model uses many indicators to compare Horizon Spin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Horizon Spin competition to find correlations between indicators driving Horizon Spin's intrinsic value. More Info.Horizon Spin Off And is number one fund in price to earning among similar funds. It is rated third overall fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Horizon Spin Off And is roughly 13.24 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Horizon Spin's earnings, one of the primary drivers of an investment's value.Horizon Spin Off Systematic Risk
Horizon Spin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Horizon Spin volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Horizon Spin Off correlated with the market. If Beta is less than 0 Horizon Spin generally moves in the opposite direction as compared to the market. If Horizon Spin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Horizon Spin Off is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Horizon Spin is generally in the same direction as the market. If Beta > 1 Horizon Spin moves generally in the same direction as, but more than the movement of the benchmark.
Horizon Spin November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Horizon Spin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Horizon Spin Off And. We use our internally-developed statistical techniques to arrive at the intrinsic value of Horizon Spin Off And based on widely used predictive technical indicators. In general, we focus on analyzing Horizon Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Horizon Spin's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.2977 | |||
| Maximum Drawdown | 16.33 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 3.46 |
Other Information on Investing in Horizon Mutual Fund
Horizon Spin financial ratios help investors to determine whether Horizon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Horizon with respect to the benefits of owning Horizon Spin security.
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