Horizon Kinetics Medical Etf Performance
| MEDX Etf | 29.42 0.23 0.79% |
The etf retains a Market Volatility (i.e., Beta) of 0.0649, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Horizon Kinetics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Horizon Kinetics is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Horizon Kinetics Medical has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong fundamental indicators, Horizon Kinetics is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Disposition of 5655 shares by Pepin Ronald of Horizon Kinetics subject to Rule 16b-3 | 03/18/2024 |
2 | Disposition of 270000 shares by Pien Howard H of Horizon Kinetics at 9.07 subject to Rule 16b-3 | 03/27/2024 |
3 | Disposition of 93600 shares by Bartels Ursula B of Horizon Kinetics at 3.72 subject to Rule 16b-3 | 04/15/2024 |
4 | Disposition of 14000 shares by Saldarini Ronald J of Horizon Kinetics at 7.48 subject to Rule 16b-3 | 05/14/2024 |
5 | Disposition of 25000 shares by Lonberg Nils of Horizon Kinetics at 6.33 subject to Rule 16b-3 | 05/16/2024 |
Horizon |
Horizon Kinetics Relative Risk vs. Return Landscape
If you would invest 2,975 in Horizon Kinetics Medical on March 13, 2024 and sell it today you would lose (33.00) from holding Horizon Kinetics Medical or give up 1.11% of portfolio value over 90 days. Horizon Kinetics Medical is currently does not generate positive expected returns and assumes 0.7697% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Horizon, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Horizon Kinetics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Kinetics' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Horizon Kinetics Medical, and traders can use it to determine the average amount a Horizon Kinetics' 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 = -0.0196
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| Negative Returns | MEDX |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Horizon Kinetics 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 Kinetics by adding Horizon Kinetics to a well-diversified portfolio.
About Horizon Kinetics Performance
To evaluate Horizon Kinetics Medical Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Horizon Kinetics generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Horizon Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Horizon Kinetics Medical market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Horizon's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Horizon Kinetics is entity of United States. It is traded as Etf on NASDAQ exchange.| Horizon Kinetics generated a negative expected return over the last 90 days | |
| Latest headline from MacroaxisInsider: Disposition of 14000 shares by Saldarini Ronald J of Horizon Kinetics at 7.48 subject to Rule 16b-3 |
Additional Information and Resources on Investing in Horizon Etf
When determining whether Horizon Kinetics Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Kinetics' 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 Kinetics Medical Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Kinetics Medical Etf:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Kinetics Medical. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of Horizon Kinetics Medical 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 Kinetics' value that differs from its market value or its book value, called intrinsic value, which is Horizon Kinetics' 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 Kinetics' market value can be influenced by many factors that don't directly affect Horizon Kinetics' 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 Kinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Kinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Kinetics' 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.