Horizon Spin Off And Fund Manager Performance Evaluation
| LSHUX Fund | USD 38.34 0.37 0.97% |
The fund retains a Market Volatility (i.e., Beta) of 0.9, which attests to possible diversification benefits within a given portfolio. Horizon Spin-off returns are very sensitive to returns on the market. As the market goes up or down, Horizon Spin-off is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Horizon Spin Off And has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Horizon Spin-off is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 30th of April 2023 | |
| Expense Ratio | 1.3800 |
Horizon |
Horizon Spin-off Relative Risk vs. Return Landscape
If you would invest 4,169 in Horizon Spin Off And on November 20, 2024 and sell it today you would lose (335.00) from holding Horizon Spin Off And or give up 8.04% of portfolio value over 90 days. Horizon Spin Off And is currently producing negative expected returns and takes up 3.1615% volatility of returns over 90 trading days. Put another way, 28% of traded mutual funds are less volatile than Horizon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Horizon Spin-off Current Valuation
Overvalued
Today
Please note that Horizon Spin-off's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Horizon Spin Off retains a regular Real Value of $34.89 per share. The prevalent price of the fund is $38.34. We determine the value of Horizon Spin Off from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Horizon Spin-off is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Horizon Mutual Fund. However, Horizon Spin-off's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 38.34 | Real 34.89 | Hype 38.34 | Naive 41.39 |
The intrinsic value of Horizon Spin-off's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Horizon Spin-off's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Horizon Spin Off And helps investors to forecast how Horizon mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Horizon Spin-off more accurately as focusing exclusively on Horizon Spin-off's fundamentals will not take into account other important factors: Horizon Spin-off Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Spin-off's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Horizon Spin Off And, and traders can use it to determine the average amount a Horizon Spin-off'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 = -0.0293
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LSHUX |
Estimated Market Risk
| 3.16 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Horizon Spin-off 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 Horizon Spin-off by adding Horizon Spin-off to a well-diversified portfolio.
Horizon Spin-off Fundamentals Growth
Horizon Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Horizon Spin-off, and Horizon Spin-off 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 Mutual Fund performance.
| Price To Earning | 20.26 X | ||||
| Price To Book | 1.53 X | ||||
| Price To Sales | 1.02 X | ||||
| Total Asset | 15.54 M | ||||
About Horizon Spin-off Performance
Evaluating Horizon Spin-off's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Horizon Spin-off has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Horizon Spin-off has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will pursue its investment objective by investing at least 80 percent of its net assets in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, parents of any such companies, and publicly traded shareholder activist holding companies which, by way of their shareholder ownership in other companies, have caused such other companies to undergo spin-offs and other forms of corporate restructurings. Kinetics Spin-Off is traded on NASDAQ Exchange in the United States.Things to note about Horizon Spin Off performance evaluation
Checking the ongoing alerts about Horizon Spin-off for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Horizon Spin Off help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Horizon Spin Off generated a negative expected return over the last 90 days | |
| Horizon Spin Off has high historical volatility and very poor performance | |
| The fund maintains about 5.92% of its assets in cash |
- Analyzing Horizon Spin-off'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 Horizon Spin-off's stock is overvalued or undervalued compared to its peers.
- Examining Horizon Spin-off'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 Horizon Spin-off's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horizon Spin-off's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Horizon Spin-off's mutual fund. These opinions can provide insight into Horizon Spin-off's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Horizon Mutual Fund
Horizon Spin-off financial ratios help investors to determine whether Horizon Mutual Fund 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 Horizon with respect to the benefits of owning Horizon Spin-off security.
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