Horizon Securities (Taiwan) Price on June 9, 2023

6015 Stock  TWD 10.90  0.35  3.32%   
If you're considering investing in Horizon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Horizon Securities stands at 10.90, as last reported on the 26th of December, with the highest price reaching 10.90 and the lowest price hitting 10.75 during the day. Horizon Securities holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Horizon Securities exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Horizon Securities' Risk Adjusted Performance of (0.06), standard deviation of 1.28, and Market Risk Adjusted Performance of (1.60) to validate the risk estimate we provide.
  
Horizon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1068

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Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Horizon Securities is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Horizon Securities by adding Horizon Securities to a well-diversified portfolio.

Horizon Securities Valuation on June 9, 2023

It is possible to determine the worth of Horizon Securities on a given historical date. On June 9, 2023 Horizon was worth 11.07 at the beginning of the trading date compared to the closed value of 11.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizon Securities stock. Still, in general, we apply an absolute valuation method to find Horizon Securities' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Horizon Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizon Securities' related companies.
 Open High Low Close Volume
  11.32    11.32    10.98    11.02    6,346,000  
06/09/2023
  11.07    11.17    10.88    11.17    2,320,000  
  11.22    11.37    11.07    11.12    1,453,000  
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Open Value
11.07
11.17
Closing Value
14.94
Upside

Horizon Securities Trading Date Momentum on June 9, 2023

On June 12 2023 Horizon Securities Co was traded for  11.12  at the closing time. The highest price during the trading period was 11.37  and the lowest recorded bid was listed for  11.07 . The volume for the day was 1.5 M. This history from June 12, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.45% . The trading delta at closing time to the current price is 4.39% .

Horizon Securities Fundamentals Correlations and Trends

By evaluating Horizon Securities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Horizon Securities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Horizon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Horizon Securities Stock history

Horizon Securities investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Horizon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Horizon Securities will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Horizon Securities stock prices may prove useful in developing a viable investing in Horizon Securities
Horizon Securities Co., Ltd. provides securities brokerage services in Taiwan. The company was incorporated in 1961 and is headquartered in Taipei, Taiwan. HORIZON SECURITIES is traded on Taiwan OTC Exchange in Taiwan.

Horizon Securities Stock Technical Analysis

Horizon Securities technical 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 Securities technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Horizon Securities 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...

Price Boundaries

Horizon Securities Period Price Range

Low
December 26, 2024
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High

 0.00 

     

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Horizon Securities Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Horizon Securities December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Horizon Securities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Horizon Securities shares will generate the highest return on investment. By undertsting and applying Horizon Securities stock market strength indicators, traders can identify Horizon Securities Co entry and exit signals to maximize returns

Horizon Securities Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Horizon Securities' price direction in advance. Along with the technical and fundamental analysis of Horizon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Horizon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Horizon Stock Analysis

When running Horizon Securities' price analysis, check to measure Horizon Securities' 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 Securities is operating at the current time. Most of Horizon Securities' value examination focuses on studying past and present price action to predict the probability of Horizon Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Securities' price. Additionally, you may evaluate how the addition of Horizon Securities to your portfolios can decrease your overall portfolio volatility.