Horizon Mutual Fund Buy Hold or Sell Recommendation

HADRX -  USA Fund  

USD 58.25  0.24  0.41%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Horizon Defined Risk is 'Strong Hold'. Macroaxis provides Horizon Defined buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HADRX positions. The advice algorithm takes into account all of Horizon Defined's available fundamental, technical, and predictive indicators you will find on this site.
  
Refresh
The advice is provided from Horizon Defined's buy-and-hold perspective. Please check Horizon Defined Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Horizon and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Horizon Defined Risk.

Execute Horizon Defined Buy or Sell Advice

The Horizon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Horizon Defined Risk. Macroaxis does not own or have any residual interests in Horizon Defined Risk or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Horizon Defined's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Horizon DefinedBuy Horizon Defined
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Horizon Defined Risk has a Risk Adjusted Performance of (0.1), Jensen Alpha of (0.010927), Total Risk Alpha of (0.006658) and Treynor Ratio of (0.12)
Our investment recommendation module provides unbiased trade recommendations that can be used to complement current average analyst sentiment on Horizon Defined Risk. Our investment recommendation engine provides an advice for the fund potential to grow from the perspective of an investor's risk tolerance and investing horizon. Please utilize Horizon Defined Risk total asset to make buy, hold, or sell decision on Horizon Defined.

Horizon Defined Trading Alerts and Improvement Suggestions

Horizon Defined Risk generated a negative expected return over the last 90 days
The fund retains 96.19% of its assets under management (AUM) in equities

Horizon Defined Returns Distribution Density

The distribution of Horizon Defined's historical returns is an attempt to chart the future uncertainty of Horizon Defined's future price movements. The chart of the probability distribution of Horizon Defined stock daily returns describes the distribution of returns around its average expected value. We use Horizon Defined Risk price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Horizon Defined returns is essential to provide solid investment advice for Horizon Defined stock.
Mean Return-0.06Value At Risk-1.77
Potential Upside1.16Standard Deviation0.91
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Horizon Defined historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Horizon Defined Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Horizon Defined or Horizon Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Horizon Defined stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Horizon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.01
β
Beta against DOW0.63
σ
Overall volatility
0.91
Ir
Information ratio 0.0287

Horizon Defined Volatility Alert

Horizon Defined Risk exhibits very low volatility with skewness of -0.32 and kurtosis of -0.06. However, we advise investors to further study Horizon Defined Risk technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Horizon Defined's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Horizon Defined's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Horizon Defined Implied Volatility

Horizon Defined's implied volatility exposes the market's sentiment of Horizon Defined Risk stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Horizon Defined's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Horizon Defined stock will not fluctuate a lot when Horizon Defined's options are near their expiration.

Horizon Defined Fundamentals Vs Peers

Comparing Horizon Defined's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Horizon Defined's direct or indirect competition across all of the common fundamentals between Horizon Defined and the related equities. This way, we can detect undervalued stocks with similar characteristics as Horizon Defined or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Horizon Defined's fundamental indicators could also be used in its relative valuation, which is a method of valuing Horizon Defined by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Horizon Defined to competition
FundamentalsHorizon DefinedPeer Average
One Year Return2.87 %4.15 %
Net Asset329.99 M4.11 B
Last Dividend Paid0.230.65
Cash Position Weight3.81 %10.61 %
Equity Positions Weight96.19 %63.90 %

About Horizon Defined Buy or Sell Advice

When is the right time to buy or sell Horizon Defined Risk? Buying financial instruments such as Horizon Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Horizon Defined investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Horizon Defined in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Aircraft Thematic Idea Now

Aircraft
Aircraft Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 38 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aircraft Theme or any other thematic opportunities.
View All  Next Launch Aircraft
Please check Horizon Defined Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Horizon Defined Risk information on this page should be used as a complementary analysis to other Horizon Defined'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Horizon Mutual Fund analysis

When running Horizon Defined Risk price analysis, check to measure Horizon Defined'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 Defined is operating at the current time. Most of Horizon Defined's value examination focuses on studying past and present price action to predict the probability of Horizon Defined's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Horizon Defined's price. Additionally, you may evaluate how the addition of Horizon Defined to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Please note, there is a significant difference between Horizon Defined's value and its price as these two are different measures arrived at by different means. Investors typically determine Horizon Defined value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Defined'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.