Horizon Space Acquisition Stock Price on July 30, 2024
HSPO Stock | 11.36 0.08 0.70% |
If you're considering investing in Horizon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Horizon Space stands at 11.36, as last reported on the 19th of December, with the highest price reaching 11.39 and the lowest price hitting 11.35 during the day. As of now, Horizon Stock is very steady. Horizon Space Acquisition holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Horizon Space Acquisition, which you can use to evaluate the volatility of the firm. Please check out Horizon Space's Market Risk Adjusted Performance of (3.25), risk adjusted performance of 0.076, and Coefficient Of Variation of 709.64 to validate if the risk estimate we provide is consistent with the expected return of 0.0255%.
As of the 19th of December 2024, Total Stockholder Equity is likely to drop to about 53.6 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 4.6 M. At this time, Horizon Space's Price Earnings Ratio is very stable compared to the past year. As of the 19th of December 2024, Price Book Value Ratio is likely to grow to 1.16, while Price Earnings To Growth Ratio is likely to drop (0.04). Horizon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Horizon |
Sharpe Ratio = 0.146
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Estimated Market Risk
0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Horizon Space is performing at about 11% 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 Space by adding it to a well-diversified portfolio.
Price Book 1.5285 | Book Value (0.29) | Enterprise Value 90.2 M | Enterprise Value Ebitda (167.97) | Shares Float 4.5 M |
Horizon Space Main Headline on 30th of July 2024
Wintrust Financial Co. Shares Acquired by Russell Investment... by news.google.com
Wintrust Financial Co. Shares Acquired by Russell Investments Group Ltd. Defense World
Horizon Space Valuation on July 30, 2024
It is possible to determine the worth of Horizon Space on a given historical date. On July 30, 2024 Horizon was worth 11.1 at the beginning of the trading date compared to the closed value of 11.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizon Space stock. Still, in general, we apply an absolute valuation method to find Horizon Space'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 Space where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizon Space's related companies.
Open | High | Low | Close | Volume | |
11.09 | 11.09 | 11.09 | 11.09 | 25,219 | |
07/30/2024 | 11.10 | 11.10 | 11.08 | 11.09 | 8,708 |
11.08 | 11.10 | 11.08 | 11.10 | 6,257 |
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Horizon Space Trading Date Momentum on July 30, 2024
On July 31 2024 Horizon Space Acquisition was traded for 11.10 at the closing time. The top price for the day was 11.10 and the lowest listed price was 11.08 . The trading volume for the day was 6.3 K. The trading history from July 31, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.09% . The trading delta at closing time against the current closing price is 0.27% . |
Horizon Space Acquisition Fundamentals Correlations and Trends
By evaluating Horizon Space'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 Space'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 Space Stock history
Horizon Space 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 Space Acquisition 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 Space stock prices may prove useful in developing a viable investing in Horizon Space
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 6.8 M | 4.6 M | |
Net Loss | -191.3 K | -200.8 K |
Horizon Space Stock Technical Analysis
Horizon Space 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 Space Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Horizon Space Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Horizon Space December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Horizon Space 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 Space shares will generate the highest return on investment. By undertsting and applying Horizon Space stock market strength indicators, traders can identify Horizon Space Acquisition entry and exit signals to maximize returns
Horizon Space Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Horizon Space'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 | 0.076 | |||
Jensen Alpha | 0.0144 | |||
Total Risk Alpha | 0.0102 | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (3.26) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Space Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Space. 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 Space 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 (0.02) | Earnings Share 0.28 | Return On Assets (0.01) |
The market value of Horizon Space Acquisition 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 Space's value that differs from its market value or its book value, called intrinsic value, which is Horizon Space'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 Space's market value can be influenced by many factors that don't directly affect Horizon Space'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 Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Space'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.