Horizon Stock Technical Analysis

HZN
 Stock
  

USD 0.63  0.01  1.61%   

As of the 27th of November, Horizon Global retains the market risk adjusted performance of (1.33), and Risk Adjusted Performance of (0.33). Horizon Global technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Horizon Global Corp, which can be compared to its competitors. Please check out Horizon Global Corp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Horizon Global is priced fairly, providing market reflects its last-minute price of 0.63 per share. As Horizon Global Corp is a penny stock we also advise to confirm its total risk alpha numbers.
  

Horizon Global Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Horizon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Horizon
Horizon Global's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Horizon Global Analyst Consensus

Target PriceAdvice# of Analysts
1.0Strong Sell1Odds
Horizon Global Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Horizon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Horizon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Horizon Global Corp, talking to its executives and customers, or listening to Horizon conference calls.
Horizon Analyst Advice Details
Horizon Global 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.
A focus of Horizon Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Horizon Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Horizon Global Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Horizon Global Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Horizon Global Corp Trend Analysis

Use this graph to draw trend lines for Horizon Global Corp. You can use it to identify possible trend reversals for Horizon Global as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Horizon Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Horizon Global Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Horizon Global Corp applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may imply that the returns on investment in Horizon Global Corp will continue to fail. It has 122 observation points and a regression sum of squares at 15.63, which is the sum of squared deviations for the predicted Horizon Global price change compared to its average price change.

About Horizon Global Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Horizon Global Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Horizon Global Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Horizon Global Corp price pattern first instead of the macroeconomic environment surrounding Horizon Global Corp. By analyzing Horizon Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Horizon Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Horizon Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2017 2018 2021 2022 (projected)
Long Term Debt to Equity1.8216.6214.9616.14
Interest Coverage1.610.260.30.31

Horizon Global November 27, 2022 Technical Indicators

Most technical analysis of Horizon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Horizon from various momentum indicators to cycle indicators. When you analyze Horizon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Horizon Global November 27, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Horizon stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Risk vs Return Analysis. Note that the Horizon Global Corp information on this page should be used as a complementary analysis to other Horizon Global'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Horizon Stock analysis

When running Horizon Global Corp price analysis, check to measure Horizon Global'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 Global is operating at the current time. Most of Horizon Global's value examination focuses on studying past and present price action to predict the probability of Horizon Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Horizon Global's price. Additionally, you may evaluate how the addition of Horizon Global to your portfolios can decrease your overall portfolio volatility.
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Is Horizon Global's industry 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 Global. 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 Global 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 YOY
(0.99) 
Market Capitalization
17.9 M
Quarterly Revenue Growth YOY
(0.24) 
Return On Assets
(0.07) 
The market value of Horizon Global Corp 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Horizon Global'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 Global's market value can be influenced by many factors that don't directly affect Horizon Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine Horizon Global value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Global'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.