Horizon Mutual Fund Quote

ARANX
 Fund
  

USD 20.94  0.03  0.14%   

Market Performance
0 of 100
Odds Of Distress
Less than 27
Horizon Active is trading at 20.94 as of the 6th of July 2022; that is 0.14 percent up since the beginning of the trading day. The fund's open price was 20.91. Horizon Active has about a 27 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Horizon Active Risk are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2022 and ending today, the 6th of July 2022. Click here to learn more.
The investment seeks to capture the majority of the returns associated with equity market investments, while mitigating downside risk through use of a risk overlay strategy. Horizon Active is traded on NASDAQ Exchange in the United States. More on Horizon Active Risk

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Horizon Active Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Horizon Active's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Horizon Active or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Horizon Active Risk generated a negative expected return over the last 90 days
The fund generated three year return of -1.0%
Horizon Active Risk holds 99.48% of its assets under management (AUM) in equities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Horizon Active's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Beta In Three Year1.16
Startdate31st of March 2018
Horizon Active Risk [ARANX] is traded in USA and was established 6th of July 2022. The fund is listed under Allocation--85%+ Equity category and is part of Horizon Investments family. Horizon Active Risk presently has accumulated 1.11 B in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was -1.39%.
Check Horizon Active Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Horizon Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Horizon Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Horizon Active Risk Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Horizon Active Risk Constituents

Horizon Active Target Price Odds Analysis

What are Horizon Active's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Horizon Active jumping above the current price in 90 days from now is about 88.18%. The Horizon Active Risk probability density function shows the probability of Horizon Active mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Horizon Active has a beta of 0.5555. This suggests as returns on the market go up, Horizon Active average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Horizon Active Risk will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Horizon Active Risk is significantly underperforming DOW.
  Odds Below 20.94HorizonTargetOdds Above 20.94
11.68%90 days
 20.94 
88.18%
Based on a normal probability distribution, the odds of Horizon Active to move above the current price in 90 days from now is about 88.18 (This Horizon Active Risk probability density function shows the probability of Horizon Mutual Fund to fall within a particular range of prices over 90 days) .

Horizon Active Risk Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Horizon Active market risk premium is the additional return an investor will receive from holding Horizon Active long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Horizon Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Horizon Active's alpha and beta are two of the key measurements used to evaluate Horizon Active's performance over the market, the standard measures of volatility play an important role as well.

Horizon Active Against Markets

Picking the right benchmark for Horizon Active mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Horizon Active mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Horizon Active is critical whether you are bullish or bearish towards Horizon Active Risk at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Horizon Active without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Horizon Active Risk

You need to understand the risk of investing before taking a position in Horizon Active. The danger of trading Horizon Active Risk is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Horizon Active is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Horizon Active. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Horizon Active Risk is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Horizon Active Risk information on this page should be used as a complementary analysis to other Horizon Active's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Horizon Active Risk price analysis, check to measure Horizon Active'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 Active is operating at the current time. Most of Horizon Active's value examination focuses on studying past and present price action to predict the probability of Horizon Active's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Horizon Active's price. Additionally, you may evaluate how the addition of Horizon Active to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Horizon Active's value and its price as these two are different measures arrived at by different means. Investors typically determine Horizon Active value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Active'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.