Horizon Technology Finance Stock Price on September 30, 2023
| HRZN Stock | USD 12.11 0.14 1.17% |
Below is the normalized historical share price chart for Horizon Technology Finance extending back to October 29, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Horizon Technology stands at 12.11, as last reported on the 10th of June, with the highest price reaching 12.11 and the lowest price hitting 11.95 during the day.
If you're considering investing in Horizon Stock, it is important to understand the factors that can impact its price. We consider Horizon Technology very steady. Horizon Technology holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Horizon Technology, which you can use to evaluate the volatility of the firm. Please check out Horizon Technology's Risk Adjusted Performance of 0.0652, downside deviation of 0.9016, and Market Risk Adjusted Performance of 0.4874 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
At this time, Horizon Technology's Common Stock Shares Outstanding is very stable compared to the past year. As of the 10th of June 2024, Liabilities And Stockholders Equity is likely to grow to about 842.5 M, while Total Stockholder Equity is likely to drop about 189.8 M. . At this time, Horizon Technology's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 10th of June 2024, Price To Operating Cash Flows Ratio is likely to grow to 8.55, while Price To Sales Ratio is likely to drop 4.16. Horizon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of October 2010 | 200 Day MA 12.1382 | 50 Day MA 11.5702 | Beta 1.212 |
Horizon |
Sharpe Ratio = 0.1158
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Estimated Market Risk
| 0.9 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Horizon Technology is performing at about 9% 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 Horizon Technology by adding it to a well-diversified portfolio.
Price Book 1.1556 | Enterprise Value Ebitda 13.4557 | Price Sales 3.2993 | Dividend Share 1.32 | Wall Street Target Price 10.54 |
Horizon Technology Valuation on September 30, 2023
It is possible to determine the worth of Horizon Technology on a given historical date. On September 30, 2023 Horizon was worth 11.87 at the beginning of the trading date compared to the closed value of 11.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizon Technology stock. Still, in general, we apply an absolute valuation method to find Horizon Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Horizon Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizon Technology's related companies.
| Open | High | Low | Close | Volume | |
| 11.59 | 11.81 | 10.99 | 10.99 | 131,298 | |
09/29/2023 | 11.87 | 11.98 | 11.06 | 11.06 | 134,088 |
| 11.91 | 11.96 | 10.97 | 10.97 | 214,090 |
| Backtest Horizon Technology | | | Horizon Technology History | | | Horizon Technology Valuation | Previous | Next |
Horizon Technology Trading Date Momentum on September 30, 2023
| On October 02 2023 Horizon Technology Finance was traded for 10.97 at the closing time. The top price for the day was 11.96 and the lowest listed price was 10.97 . The trading volume for the day was 214.1 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.81% . The trading delta at closing time against the current closing price is 8.50% . |
Horizon Technology Fundamentals Correlations and Trends
By evaluating Horizon Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Horizon Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Horizon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Horizon Technology Stock history
Horizon Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Horizon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Horizon Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Horizon Technology stock prices may prove useful in developing a viable investing in Horizon Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 31 M | 32.5 M | |
| Net Income Applicable To Common Shares | 24.3 M | 12.8 M |
Horizon Technology Stock Technical Analysis
Horizon Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Horizon Technology Period Price Range
Low | September 29, 2023
| High |
11.87 | 11.06 |
Horizon Technology June 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Horizon Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Horizon Technology shares will generate the highest return on investment. By undertsting and applying Horizon Technology stock market strength indicators, traders can identify Horizon Technology Finance entry and exit signals to maximize returns
| Accumulation Distribution | 10297.24 | |||
| Daily Balance Of Power | (0.88) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 11.52 | |||
| Day Typical Price | 11.37 | |||
| Price Action Indicator | (0.86) | |||
| Period Momentum Indicator | 1.05 |
Horizon Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Horizon Technology's price direction in advance. Along with the technical and fundamental analysis of Horizon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Horizon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0652 | |||
| Jensen Alpha | 0.0863 | |||
| Total Risk Alpha | 0.0757 | |||
| Sortino Ratio | 0.0889 | |||
| Treynor Ratio | 0.4774 |
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Additional Information and Resources on Investing in Horizon Stock
When determining whether Horizon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horizon Technology Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Technology Finance Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Technology Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Technology. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.371 | Dividend Share 1.32 | Earnings Share (0.49) | Revenue Per Share 3.455 | Quarterly Revenue Growth (0.07) |
The market value of Horizon Technology is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Technology's market value can be influenced by many factors that don't directly affect Horizon Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.