Horizon Kinetics Spac Etf Buy Hold or Sell Recommendation
| SPAQ Etf | USD 101.01 0.27 0.27% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Horizon Kinetics SPAC is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Horizon Kinetics SPAC within the specified time frame.
Check out Horizon Kinetics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Horizon and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Horizon Kinetics SPAC. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
Horizon |
Execute Horizon Kinetics Buy or Sell Advice
The Horizon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Horizon Kinetics SPAC. Macroaxis does not own or have any residual interests in Horizon Kinetics SPAC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Horizon Kinetics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Horizon Kinetics Trading Alerts and Improvement Suggestions
| The company has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Horizon Kinetics until it has trouble settling it off, either with new capital or with free cash flow. So, Horizon Kinetics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Horizon Kinetics SPAC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Horizon to invest in growth at high rates of return. When we think about Horizon Kinetics' use of debt, we should always consider it together with cash and equity. | |
| Horizon Kinetics SPAC currently holds about 497.04 K in cash with (2.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Over 89.0% of the company shares are owned by institutional investors |
Horizon Kinetics Returns Distribution Density
The distribution of Horizon Kinetics' historical returns is an attempt to chart the uncertainty of Horizon Kinetics' future price movements. The chart of the probability distribution of Horizon Kinetics daily returns describes the distribution of returns around its average expected value. We use Horizon Kinetics SPAC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Horizon Kinetics returns is essential to provide solid investment advice for Horizon Kinetics.
| Mean Return | 0.03 | Value At Risk | -0.48 | Potential Upside | 0.59 | Standard Deviation | 0.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Horizon Kinetics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Horizon Kinetics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Horizon Kinetics or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Horizon Kinetics' price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Horizon etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.68 | |
Ir | Information ratio | 0 |
Horizon Kinetics Volatility Alert
Horizon Kinetics SPAC exhibits relatively low volatility with skewness of 0.43 and kurtosis of 21.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Horizon Kinetics' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Horizon Kinetics' etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Horizon Kinetics Fundamentals Vs Peers
Comparing Horizon Kinetics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Horizon Kinetics' direct or indirect competition across all of the common fundamentals between Horizon Kinetics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Horizon Kinetics or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Horizon Kinetics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Horizon Kinetics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Horizon Kinetics to competition |
| Fundamentals | Horizon Kinetics | Peer Average |
| Price To Earning | 70.00 X | 3.15 X |
| Price To Book | 138.89 X | 0.39 X |
| Beta | 0.1 | |
| One Year Return | 4.30 % | (0.97) % |
Note: Disposition of 218340 shares by Glazer Capital, Llc of Horizon Kinetics at 10.78 subject to Rule 16b-3 [view details]
Horizon Kinetics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Horizon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 101.01 | |||
| Day Typical Price | 101.01 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | (0.27) |
About Horizon Kinetics Buy or Sell Advice
When is the right time to buy or sell Horizon Kinetics SPAC? Buying financial instruments such as Horizon Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Horizon Kinetics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Horizon Kinetics SPAC 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.