Horizon Space Acquisition Stock Performance
| HSPO Stock | 11.90 0.48 4.20% |
Horizon Space has a performance score of 11 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Horizon Space's returns are expected to increase less than the market. However, during the bear market, the loss of holding Horizon Space is expected to be smaller as well. Horizon Space Acquisition right now retains a risk of 0.64%. Please check out Horizon Space potential upside, as well as the relationship between the kurtosis and price action indicator , to decide if Horizon Space will be following its current trending patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Horizon Space Acquisition are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Horizon Space is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 561.4 K |
Horizon |
Horizon Space Relative Risk vs. Return Landscape
If you would invest 1,123 in Horizon Space Acquisition on October 11, 2024 and sell it today you would earn a total of 67.00 from holding Horizon Space Acquisition or generate 5.97% return on investment over 90 days. Horizon Space Acquisition is currently generating 0.0955% in daily expected returns and assumes 0.6449% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of stocks are less volatile than Horizon, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Horizon Space Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Space's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Horizon Space Acquisition, and traders can use it to determine the average amount a Horizon Space's 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 = 0.1481
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Horizon Space is performing at about 11% of its full potential. 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 Space by adding it to a well-diversified portfolio.
Horizon Space Fundamentals Growth
Horizon Stock prices reflect investors' perceptions of the future prospects and financial health of Horizon Space, and Horizon Space 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 Asset | -0.005 | ||||
| Current Valuation | 90.66 M | ||||
| Shares Outstanding | 7.83 M | ||||
| Price To Book | 1.54 X | ||||
| EBITDA | (560.15 K) | ||||
| Total Debt | 280 K | ||||
| Book Value Per Share | (0.29) X | ||||
| Cash Flow From Operations | (378.12 K) | ||||
| Earnings Per Share | 0.28 X | ||||
| Total Asset | 68.25 M | ||||
| Retained Earnings | (2.53 M) | ||||
About Horizon Space Performance
By examining Horizon Space's fundamental ratios, stakeholders can obtain critical insights into Horizon Space's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Horizon Space is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Horizon Space Acquisition performance evaluation
Checking the ongoing alerts about Horizon Space for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Horizon Space Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Horizon Space has high likelihood to experience some financial distress in the next 2 years | |
| Horizon Space generates negative cash flow from operations | |
| Over 76.0% of the company shares are owned by institutional investors |
- Analyzing Horizon Space's 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 Space's stock is overvalued or undervalued compared to its peers.
- Examining Horizon Space's 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 Space's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horizon Space's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Horizon Space's stock. These opinions can provide insight into Horizon Space's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Space Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Space. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Horizon Space Acquisition 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 Space's value that differs from its market value or its book value, called intrinsic value, which is Horizon Space's 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 Space's market value can be influenced by many factors that don't directly affect Horizon Space's 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 Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Space's 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.