Horisont Energi (Norway) Performance
| HRGI Stock | NOK 2.69 0.02 0.74% |
The company retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Horisont Energi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Horisont Energi is expected to be smaller as well. At this point, Horisont Energi AS has a negative expected return of -0.38%. Please make sure to check out Horisont Energi's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Horisont Energi AS performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Horisont Energi AS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's essential indicators remain quite persistent which may send shares a bit higher in January 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 2.4 M |
Horisont |
Horisont Energi Relative Risk vs. Return Landscape
If you would invest 362.00 in Horisont Energi AS on September 16, 2024 and sell it today you would lose (93.00) from holding Horisont Energi AS or give up 25.69% of portfolio value over 90 days. Horisont Energi AS is generating negative expected returns and assumes 3.6678% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than Horisont, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Horisont Energi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horisont Energi's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Horisont Energi AS, and traders can use it to determine the average amount a Horisont Energi'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 = -0.1042
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| Negative Returns | HRGI |
Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Horisont Energi is not performing at its full potential. However, 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 Horisont Energi by adding Horisont Energi to a well-diversified portfolio.
Horisont Energi Fundamentals Growth
Horisont Stock prices reflect investors' perceptions of the future prospects and financial health of Horisont Energi, and Horisont Energi 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 Horisont Stock performance.
| Return On Asset | -1.54 | |||
| Current Valuation | 412.6 M | |||
| Shares Outstanding | 22.33 M | |||
| Price To Book | 1.94 X | |||
| Revenue | 375 K | |||
| EBITDA | (50.81 M) | |||
| Cash And Equivalents | 91.69 M | |||
| Total Debt | 2.4 M | |||
| Book Value Per Share | 19.48 X | |||
| Cash Flow From Operations | (52.5 M) | |||
| Earnings Per Share | (3.54) X | |||
| Total Asset | 143.67 M | |||
About Horisont Energi Performance
By examining Horisont Energi's fundamental ratios, stakeholders can obtain critical insights into Horisont Energi'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 Horisont Energi 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.
Horisont Energi AS focuses on the production of blue hydrogen and blue ammonia in Norway. Horisont Energi AS was founded in 2019 and is headquartered in Sandnes, Norway. HORISONT ENERGI is traded on Oslo Stock Exchange in Norway.Things to note about Horisont Energi AS performance evaluation
Checking the ongoing alerts about Horisont Energi for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Horisont Energi AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Horisont Energi AS generated a negative expected return over the last 90 days | |
| Horisont Energi AS has high historical volatility and very poor performance | |
| The company reported the revenue of 375 K. Net Loss for the year was (52.3 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Horisont Energi AS has accumulated about 91.69 M in cash with (52.5 M) of positive cash flow from operations. | |
| Roughly 67.0% of the company shares are held by company insiders |
- Analyzing Horisont Energi'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 Horisont Energi's stock is overvalued or undervalued compared to its peers.
- Examining Horisont Energi'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 Horisont Energi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horisont Energi's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Horisont Energi's stock. These opinions can provide insight into Horisont Energi's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Horisont Stock
Horisont Energi financial ratios help investors to determine whether Horisont Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Horisont with respect to the benefits of owning Horisont Energi security.