Horizon Space Acquisition Stock Market Value
| HSPO Stock | 11.36 0.08 0.70% |
| Symbol | Horizon |
Horizon Space Acquisition Company Valuation
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.
Horizon Space 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Horizon Space's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Horizon Space.
| 12/25/2023 |
| 12/19/2024 |
If you would invest 0.00 in Horizon Space on December 25, 2023 and sell it all today you would earn a total of 0.00 from holding Horizon Space Acquisition or generate 0.0% return on investment in Horizon Space over 360 days. Horizon Space is related to or competes with Hudson Acquisition, Marblegate Acquisition, and Alpha One. Horizon Space is entity of United States More
Horizon Space Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Horizon Space's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Horizon Space Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.282 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 1.23 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.3546 |
Horizon Space Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Space's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Horizon Space's standard deviation. In reality, there are many statistical measures that can use Horizon Space historical prices to predict the future Horizon Space's volatility.| Risk Adjusted Performance | 0.076 | |||
| Jensen Alpha | 0.0144 | |||
| Total Risk Alpha | 0.0102 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (3.26) |
Horizon Space Acquisition Backtested Returns
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 Risk Adjusted Performance of 0.076, market risk adjusted performance of (3.25), and Coefficient Of Variation of 709.64 to validate if the risk estimate we provide is consistent with the expected return of 0.0255%. Horizon Space has a performance score of 11 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0044, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Horizon Space are expected to decrease at a much lower rate. During the bear market, Horizon Space is likely to outperform the market. Horizon Space Acquisition right now retains a risk of 0.17%. Please check out Horizon Space potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Horizon Space will be following its current trending patterns.
Auto-correlation | 0.94 |
Excellent predictability
Horizon Space Acquisition has excellent predictability. Overlapping area represents the amount of predictability between Horizon Space time series from 25th of December 2023 to 22nd of June 2024 and 22nd of June 2024 to 19th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Horizon Space Acquisition price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Horizon Space price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Horizon Space Acquisition lagged returns against current returns
Autocorrelation, which is Horizon Space stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Horizon Space's stock expected returns. We can calculate the autocorrelation of Horizon Space returns to help us make a trade decision. For example, suppose you find that Horizon Space has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Horizon Space regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Horizon Space stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Horizon Space stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Horizon Space stock over time.
Current vs Lagged Prices |
| Timeline |
Horizon Space Lagged Returns
When evaluating Horizon Space's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Horizon Space stock have on its future price. Horizon Space autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Horizon Space autocorrelation shows the relationship between Horizon Space stock current value and its past values and can show if there is a momentum factor associated with investing in Horizon Space Acquisition.
Regressed Prices |
| Timeline |
When determining whether Horizon Space Acquisition is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Horizon Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Horizon Space Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Horizon Space Acquisition Stock:
Check out Horizon Space Correlation, Horizon Space Volatility and Horizon Space Alpha and Beta module to complement your research on Horizon Space. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.