Horizon Securities (Taiwan) Performance
| 6015 Stock | TWD 10.40 0.05 0.48% |
The company retains a Market Volatility (i.e., Beta) of 0.58, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Horizon Securities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Horizon Securities is expected to be smaller as well. At this point, Horizon Securities has a negative expected return of -0.14%. Please make sure to check out Horizon Securities' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Horizon Securities performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Horizon Securities Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 1.2 B | |
| Total Cashflows From Investing Activities | -272.7 M |
Horizon |
Horizon Securities Relative Risk vs. Return Landscape
If you would invest 1,145 in Horizon Securities Co on October 15, 2024 and sell it today you would lose (105.00) from holding Horizon Securities Co or give up 9.17% of portfolio value over 90 days. Horizon Securities Co is generating negative expected returns and assumes 1.292% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Horizon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Horizon Securities Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Securities' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Horizon Securities Co, and traders can use it to determine the average amount a Horizon Securities' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1099
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6015 |
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 Fundamentals Growth
Horizon Stock prices reflect investors' perceptions of the future prospects and financial health of Horizon Securities, and Horizon Securities fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Horizon Stock performance.
| Return On Equity | 0.0193 | |||
| Return On Asset | 0.0065 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | (0.06) % | |||
| Current Valuation | 1.27 B | |||
| Shares Outstanding | 351.25 M | |||
| Price To Earning | 8.07 X | |||
| Price To Book | 0.76 X | |||
| Price To Sales | 3.42 X | |||
| Revenue | 3.04 B | |||
| EBITDA | 1.46 B | |||
| Cash And Equivalents | 5.49 B | |||
| Cash Per Share | 15.64 X | |||
| Total Debt | 763.52 M | |||
| Debt To Equity | 0.89 % | |||
| Book Value Per Share | 13.15 X | |||
| Cash Flow From Operations | 1.58 B | |||
| Earnings Per Share | 0.18 X | |||
| Total Asset | 16.5 B | |||
About Horizon Securities Performance
Evaluating Horizon Securities' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Horizon Securities has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Horizon Securities has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Horizon Securities performance evaluation
Checking the ongoing alerts about Horizon Securities for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Horizon Securities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Horizon Securities generated a negative expected return over the last 90 days | |
| About 26.0% of the company shares are owned by insiders or employees |
- Analyzing Horizon Securities' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Horizon Securities' stock is overvalued or undervalued compared to its peers.
- Examining Horizon Securities' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Horizon Securities' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horizon Securities' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Horizon Securities' stock. These opinions can provide insight into Horizon Securities' potential for growth and whether the stock is currently undervalued or overvalued.
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.