Horizon Technology Finance Stock Market Value
| HTFB Stock | USD 24.50 0.35 1.41% |
| Symbol | Horizon |
Horizon Technology Price To Book Ratio
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 Technology. 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 Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 1.29 | Earnings Share 1.224 | Revenue Per Share | Quarterly Revenue Growth 0.253 |
The market value of Horizon Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology'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 Technology's market value can be influenced by many factors that don't directly affect Horizon Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology'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.
Horizon Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Horizon Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Horizon Technology.
| 12/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Horizon Technology on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding Horizon Technology Finance or generate 0.0% return on investment in Horizon Technology over 30 days. Horizon Technology is related to or competes with Kulicke, FormFactor, MagnaChip Semiconductor, Entegris, Designer Brands, Snap On, and Toro. Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in de... More
Horizon Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Horizon Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Horizon Technology Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6352 | |||
| Information Ratio | 0.0205 | |||
| Maximum Drawdown | 3.14 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.7784 |
Horizon Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Horizon Technology's standard deviation. In reality, there are many statistical measures that can use Horizon Technology historical prices to predict the future Horizon Technology's volatility.| Risk Adjusted Performance | 0.0469 | |||
| Jensen Alpha | 0.0228 | |||
| Total Risk Alpha | 0.0149 | |||
| Sortino Ratio | 0.0159 | |||
| Treynor Ratio | (0.88) |
Horizon Technology Backtested Returns
At this point, Horizon Technology is very steady. Horizon Technology holds Efficiency (Sharpe) Ratio of 0.0368, which attests that the entity had a 0.0368% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Horizon Technology, which you can use to evaluate the volatility of the firm. Please check out Horizon Technology's Risk Adjusted Performance of 0.0469, downside deviation of 0.6352, and Market Risk Adjusted Performance of (0.87) to validate if the risk estimate we provide is consistent with the expected return of 0.0184%. Horizon Technology has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0254, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Horizon Technology are expected to decrease at a much lower rate. During the bear market, Horizon Technology is likely to outperform the market. Horizon Technology right now retains a risk of 0.5%. Please check out Horizon Technology expected short fall, day typical price, and the relationship between the potential upside and daily balance of power , to decide if Horizon Technology will be following its current trending patterns.
Auto-correlation | -0.6 |
Good reverse predictability
Horizon Technology Finance has good reverse predictability. Overlapping area represents the amount of predictability between Horizon Technology time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Horizon Technology price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Horizon Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Horizon Technology lagged returns against current returns
Autocorrelation, which is Horizon Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Horizon Technology's stock expected returns. We can calculate the autocorrelation of Horizon Technology returns to help us make a trade decision. For example, suppose you find that Horizon Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Horizon Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Horizon Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Horizon Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Horizon Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Horizon Technology Lagged Returns
When evaluating Horizon Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Horizon Technology stock have on its future price. Horizon Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Horizon Technology autocorrelation shows the relationship between Horizon Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Horizon Technology Finance.
Regressed Prices |
| Timeline |
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Check out Horizon Technology Correlation, Horizon Technology Volatility and Horizon Technology Alpha and Beta module to complement your research on Horizon Technology. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Horizon Technology 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.