Horizon Oil Limited Stock Analysis

Horizon OTC Stock Analysis Notes

About 33.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. Horizon Oil Limited last dividend was issued on the 12th of October 2022. The entity had 74:73 split on the 1st of August 2013. Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China and New Zealand. The company was incorporated in 1969 and is based in Sydney, Australia. Horizon Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 12 people.The quote for Horizon Oil Limited is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Horizon Oil Limited call Richard Beament at 61 2 9332 5000 or check out https://horizonoil.com.au.

Horizon Oil Limited Investment Alerts

Horizon Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 177.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Horizon Oil's market, we take the total number of its shares issued and multiply it by Horizon Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Horizon Profitablity

The company has Profit Margin (PM) of 0.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.37 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.37.

Technical Drivers

As of the 2nd of December, Horizon Oil retains the Market Risk Adjusted Performance of (0.26), downside deviation of 15.61, and Risk Adjusted Performance of 0.0347. Horizon Oil technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Horizon Oil Limited, which can be compared to its competitors. Please check out Horizon Oil Limited variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Horizon Oil is priced fairly, providing market reflects its last-minute price of 0.13 per share. As Horizon Oil Limited appears to be a penny stock we also urge to confirm its total risk alpha numbers.

Horizon Oil Limited Price Movement Analysis

Horizon Oil Predictive Daily Indicators

Horizon Oil Forecast Models

Horizon Oil's time-series forecasting models are one of many Horizon Oil's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Horizon Oil's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Horizon Oil prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Horizon shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Horizon Oil. By using and applying Horizon OTC Stock analysis, traders can create a robust methodology for identifying Horizon entry and exit points for their positions.

When running Horizon Oil's price analysis, check to measure Horizon Oil'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 Horizon Oil is operating at the current time. Most of Horizon Oil's value examination focuses on studying past and present price action to predict the probability of Horizon Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Oil's price. Additionally, you may evaluate how the addition of Horizon Oil to your portfolios can decrease your overall portfolio volatility.