New Horizon Aircraft Stock Performance
| HOVR Stock | 0.55 0.03 5.77% |
On a scale of 0 to 100, New Horizon holds a performance score of 1. The company secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, New Horizon's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Horizon is expected to be smaller as well. Please check New Horizon's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether New Horizon's current price movements will revert.
Risk-Adjusted Performance
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in New Horizon Aircraft are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Even with relatively unfluctuating basic indicators, New Horizon reported solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Whats Going On With New Horizon Stock Monday | 12/23/2024 |
2 | Disposition of 21000 shares by Shindo Dustin M of New Horizon at 0.76 subject to Rule 16b-3 | 01/07/2025 |
3 | Horizon Aircraft Announces Exercise of Warrants, Providing an Additional 2. ... | 01/08/2025 |
4 | New Horizon Aircraft updates terms with key investors | 01/13/2025 |
5 | Horizon Aircraft Regains Key Nasdaq Listing Compliance, Receives Extension - StockTitan | 01/27/2025 |
6 | Acquisition by Brian Merker of 86000 shares of New Horizon subject to Rule 16b-3 | 02/03/2025 |
7 | Disposition of 14825 shares by Shindo Dustin M of New Horizon at 0.58 subject to Rule 16b-3 | 02/13/2025 |
8 | Disposition of 5170 shares by Shindo Dustin M of New Horizon at 0.59 subject to Rule 16b-3 | 02/14/2025 |
9 | Disposition of 3000 shares by Shindo Dustin M of New Horizon at 0.54 subject to Rule 16b-3 | 02/18/2025 |
10 | Disposition of 34000 shares by Shindo Dustin M of New Horizon at 0.52 subject to Rule 16b-3 | 02/19/2025 |
11 | Disposition of 75000 shares by Shindo Dustin M of New Horizon at 0.5 subject to Rule 16b-3 | 02/20/2025 |
12 | Disposition of 8000 shares by Shindo Dustin M of New Horizon at 0.51 subject to Rule 16b-3 | 02/24/2025 |
13 | Disposition of 12075 shares by Shindo Dustin M of New Horizon at 0.47 subject to Rule 16b-3 | 02/25/2025 |
14 | Disposition of 65500 shares by Shindo Dustin M of New Horizon at 0.49 subject to Rule 16b-3 | 02/26/2025 |
15 | Top Executive Sells Massive Shares of New Horizon Aircraft - TipRanks | 02/28/2025 |
16 | Head to Head Review New Horizon Aircraft vs. Montague International | 03/18/2025 |
| Begin Period Cash Flow | 228 K |
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New Horizon Relative Risk vs. Return Landscape
If you would invest 62.00 in New Horizon Aircraft on December 20, 2024 and sell it today you would lose (7.00) from holding New Horizon Aircraft or give up 11.29% of portfolio value over 90 days. New Horizon Aircraft is currently generating 0.2392% in daily expected returns and assumes 10.3194% risk (volatility on return distribution) over the 90 days horizon. In different words, 92% of stocks are less volatile than New, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
New Horizon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Horizon's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Horizon Aircraft, and traders can use it to determine the average amount a New Horizon'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 = 0.0232
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Estimated Market Risk
| 10.32 actual daily | 92 92% of assets are less volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average New Horizon is performing at about 1% 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 New Horizon by adding it to a well-diversified portfolio.
New Horizon Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Horizon, and New Horizon 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 New Stock performance.
| Return On Asset | -1.24 | ||||
| Current Valuation | 15.81 M | ||||
| Shares Outstanding | 31.23 M | ||||
| EBITDA | (7.83 M) | ||||
| Net Income | 8.61 M | ||||
| Total Debt | 74 K | ||||
| Book Value Per Share | (0.1) X | ||||
| Cash Flow From Operations | (2.12 M) | ||||
| Earnings Per Share | (0.53) X | ||||
| Market Capitalization | 16.4 M | ||||
| Total Asset | 4.94 M | ||||
| Retained Earnings | (14.68 M) | ||||
| Working Capital | (864.39 K) | ||||
About New Horizon Performance
Assessing New Horizon's fundamental ratios provides investors with valuable insights into New Horizon's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the New Horizon 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.13) | (1.19) | |
| Return On Capital Employed | (0.42) | (0.39) | |
| Return On Assets | (1.10) | (1.15) | |
| Return On Equity | 0.39 | 0.61 |
Things to note about New Horizon Aircraft performance evaluation
Checking the ongoing alerts about New Horizon for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Horizon Aircraft help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Horizon Aircraft had very high historical volatility over the last 90 days | |
| New Horizon Aircraft has some characteristics of a very speculative penny stock | |
| New Horizon Aircraft has high likelihood to experience some financial distress in the next 2 years | |
| New Horizon generates negative cash flow from operations | |
| New Horizon Aircraft has a frail financial position based on the latest SEC disclosures | |
| About 39.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Head to Head Review New Horizon Aircraft vs. Montague International |
- Analyzing New Horizon'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 New Horizon's stock is overvalued or undervalued compared to its peers.
- Examining New Horizon'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 New Horizon's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Horizon's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Horizon's stock. These opinions can provide insight into New Horizon's potential for growth and whether the stock is currently undervalued or overvalued.
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.