Horizon Defensive Equity Fund Technical Analysis
| USRTX Fund | USD 34.41 0.11 0.32% |
As of the 2nd of December, Horizon Us retains the Downside Deviation of 0.5734, risk adjusted performance of 0.134, and Market Risk Adjusted Performance of 1.62. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Horizon Defensive Equity, as well as the relationship between them.
Horizon Us 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 HorizonHorizon |
Horizon Us technical mutual fund 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, fund market cycles, or different charting patterns.
Horizon Defensive Equity Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Defensive Equity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Horizon Defensive Equity Trend Analysis
Use this graph to draw trend lines for Horizon Defensive Equity. You can use it to identify possible trend reversals for Horizon Us 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 Us price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Horizon Us Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Horizon Defensive Equity applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Horizon Defensive Equity will continue generating value for investors. It has 122 observation points and a regression sum of squares at 34.3, which is the sum of squared deviations for the predicted Horizon Us price change compared to its average price change.About Horizon Us 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 Defensive Equity 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 Defensive Equity based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Horizon Defensive Equity price pattern first instead of the macroeconomic environment surrounding Horizon Defensive Equity. By analyzing Horizon Us'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 Us'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 Us specific price patterns or momentum indicators. Please read more on our technical analysis page.
Horizon Us December 2, 2024 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.134 | |||
| Market Risk Adjusted Performance | 1.62 | |||
| Mean Deviation | 0.4342 | |||
| Semi Deviation | 0.3778 | |||
| Downside Deviation | 0.5734 | |||
| Coefficient Of Variation | 557.39 | |||
| Standard Deviation | 0.5795 | |||
| Variance | 0.3358 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | 0.0865 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 1.61 | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 0.9833 | |||
| Downside Variance | 0.3288 | |||
| Semi Variance | 0.1428 | |||
| Expected Short fall | (0.51) | |||
| Skewness | (0.12) | |||
| Kurtosis | 0.9783 |
Other Information on Investing in Horizon Mutual Fund
Horizon Us financial ratios help investors to determine whether Horizon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Horizon with respect to the benefits of owning Horizon Us security.
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