Horizon Defensive Minimum Initial Investment vs. One Year Return

USRAX Fund  USD 34.05  0.08  0.24%   
Based on the measurements of profitability obtained from Horizon Defensive's financial statements, Horizon Defensive Equity may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Horizon Defensive's ability to earn profits and add value for shareholders.
For Horizon Defensive profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Horizon Defensive to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Horizon Defensive Equity utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Horizon Defensive's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Horizon Defensive Equity over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Horizon Defensive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Defensive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Defensive'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 Defensive Equity One Year Return vs. Minimum Initial Investment Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Horizon Defensive's current stock value. Our valuation model uses many indicators to compare Horizon Defensive value to that of its competitors to determine the firm's financial worth.
Horizon Defensive Equity is rated second in minimum initial investment among similar funds. It is presently regarded as number one fund in one year return among similar funds reporting about  0.01  of One Year Return per Minimum Initial Investment. The ratio of Minimum Initial Investment to One Year Return for Horizon Defensive Equity is roughly  84.43 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Horizon Defensive's earnings, one of the primary drivers of an investment's value.

Horizon One Year Return vs. Minimum Initial Investment

Minimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.

Horizon Defensive

Minimum Initial Investment

=

First Fund Deposit

 = 
2.5 K
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it against random trades that may negatively affect fund strategy.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Horizon Defensive

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
29.61 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Horizon One Year Return Comparison

Horizon Defensive is currently under evaluation in one year return among similar funds.

Horizon Defensive Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Horizon Defensive, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Horizon Defensive will eventually generate negative long term returns. The profitability progress is the general direction of Horizon Defensive's change in net profit over the period of time. It can combine multiple indicators of Horizon Defensive, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to achieve its investment objective by investing primarily in large and mid-cap U.S. common stocks, and employs defensive techniques, including strategic portfolio positioning, to achieve lower overall volatility as compared to the market generally. The fund will invest not less than 80 percent of the value of its net assets in the equity securities of U.S. companies.

Horizon Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Horizon Defensive. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Horizon Defensive position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Horizon Defensive's important profitability drivers and their relationship over time.

Use Horizon Defensive in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Defensive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Defensive will appreciate offsetting losses from the drop in the long position's value.

Horizon Defensive Pair Trading

Horizon Defensive Equity Pair Trading Analysis

The ability to find closely correlated positions to Horizon Defensive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Defensive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Defensive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Defensive Equity to buy it.
The correlation of Horizon Defensive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Defensive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Defensive Equity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Defensive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Horizon Defensive position

In addition to having Horizon Defensive 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.

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Other Information on Investing in Horizon Mutual Fund

To fully project Horizon Defensive's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Horizon Defensive Equity at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Horizon Defensive's income statement, its balance sheet, and the statement of cash flows.
Potential Horizon Defensive investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Horizon Defensive investors may work on each financial statement separately, they are all related. The changes in Horizon Defensive's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Horizon Defensive's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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