Horizon Active Valuation

HADUX Fund  USD 69.72  0.02  0.03%   
At this time, the entity appears to be fairly valued. Horizon Active Dividend retains a regular Real Value of $70.09 per share. The prevalent price of the fund is $69.72. We determine the value of Horizon Active Dividend 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.
Fairly Valued
Today
69.72
Please note that Horizon Active's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Horizon Active Dividend retains a regular Real Value of $70.09 per share. The prevalent price of the fund is $69.72. We determine the value of Horizon Active Dividend 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 Active is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Horizon Mutual Fund. However, Horizon Active'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  69.72 Real  70.09 Hype  69.72 Naive  70.69
The intrinsic value of Horizon Active'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 Active'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.
70.09
Real Value
70.90
Upside
Estimating the potential upside or downside of Horizon Active Dividend 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 Active more accurately as focusing exclusively on Horizon Active's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
67.6270.3573.07
Details
Hype
Prediction
LowEstimatedHigh
68.9169.7270.53
Details
Naive
Forecast
LowNext ValueHigh
69.8770.6971.50
Details

About Horizon Active Valuation

Our relative valuation model uses a comparative analysis of Horizon Active. We calculate exposure to Horizon Active's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Horizon Active's related companies.
The adviser seeks to achieve the funds investment objective by investing primarily in the equity securities of U.S. and foreign dividend paying companies. Equity securities include common and preferred stock, convertible debt securities, ADRs, and REITs. It will invest not less than 80 percent of the value of its net assets in dividend paying securities, which the Adviser defines as equity securities that have paid a dividend in the prior 12 calendar months or that the Adviser believes are reasonably likely to pay a dividend in the 12 calendar months following the funds acquisition of the security.

Other Information on Investing in Horizon Mutual Fund

Horizon Active 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 Active security.
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