Horizon Aircraft Secures 11.1M in 30 Days for Revolutionary eVTOL Development - StockTitan
| HOVRW Stock | 0.06 0.05 41.09% |
Slightly above 63% of New Horizon's investor base is looking to short. The analysis of overall sentiment of trading New Horizon Aircraft stock suggests that many investors are alarmed at this time. New Horizon's investing sentiment can be driven by a variety of factors including economic data, New Horizon's earnings reports, geopolitical events, and overall market trends.
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Horizon Aircraft Secures 11.1M in 30 Days for Revolutionary eVTOL Development StockTitan
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New Horizon Fundamental Analysis
We analyze New Horizon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Horizon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Horizon based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
New Horizon is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
New Horizon Aircraft Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with New Horizon stock to make a market-neutral strategy. Peer analysis of New Horizon could also be used in its relative valuation, which is a method of valuing New Horizon by comparing valuation metrics with similar companies.
Peers
New Horizon Related Equities
| GROV | Virgin Group | 14.29 | ||||
| TTC | Toro | 1.14 | ||||
| RBC | RBC Bearings | 0.14 | ||||
| SKX | Skechers USA | 0.84 | ||||
| UTI | Universal Technical | 1.83 | ||||
| SKIN | Beauty Health | 6.84 |
Additional Tools for New Stock Analysis
When running New Horizon's price analysis, check to measure New Horizon's 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 New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.