Horizon Kinetics Spac Etf Performance
| SPAQ Etf | USD 101.15 0.14 0.14% |
The etf retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Horizon Kinetics are expected to decrease at a much lower rate. During the bear market, Horizon Kinetics is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Horizon Kinetics SPAC are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Horizon Kinetics is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
Horizon |
Horizon Kinetics Relative Risk vs. Return Landscape
If you would invest 9,908 in Horizon Kinetics SPAC on September 20, 2024 and sell it today you would earn a total of 193.00 from holding Horizon Kinetics SPAC or generate 1.95% return on investment over 90 days. Horizon Kinetics SPAC is currently generating 0.0324% in daily expected returns and assumes 0.676% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs 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 |
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Horizon Kinetics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Kinetics' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Horizon Kinetics SPAC, and traders can use it to determine the average amount a Horizon Kinetics' 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 = 0.0479
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Horizon Kinetics is performing at about 3% 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 Kinetics by adding it to a well-diversified portfolio.
Horizon Kinetics Fundamentals Growth
Horizon Etf prices reflect investors' perceptions of the future prospects and financial health of Horizon Kinetics, and Horizon Kinetics 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 Etf performance.
| Return On Equity | 176.18 | |||
| Return On Asset | -0.14 | |||
| Current Valuation | 682.6 M | |||
| Shares Outstanding | 55.2 M | |||
| Price To Earning | 70.00 X | |||
| Price To Book | 138.89 X | |||
| Cash And Equivalents | 497.04 K | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | (0.76) X | |||
| Cash Flow From Operations | (2.03 M) | |||
| Earnings Per Share | 0.10 X | |||
About Horizon Kinetics Performance
Assessing Horizon Kinetics' fundamental ratios provides investors with valuable insights into Horizon Kinetics' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Horizon Kinetics is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York. Spartan Acquisition operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.| 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 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.