Horizon Flexible Financial Statements From 2010 to 2025
| FLXN Etf | USD 26.00 0.06 0.23% |
Check Horizon Flexible financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horizon Flexible's main balance sheet or income statement drivers, such as , as well as many indicators such as . Horizon financial statements analysis is a perfect complement when working with Horizon Flexible Valuation or Volatility modules.
This module can also supplement various Horizon Flexible Technical models . Check out the analysis of Horizon Flexible Correlation against competitors. Horizon Flexible Income ETF Price To Sales Analysis
Horizon Flexible's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Horizon Flexible Price To Sales | 4.43 X |
Most of Horizon Flexible's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Horizon Flexible Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Horizon Flexible Income has a Price To Sales of 4.43 times. This is much higher than that of the Healthcare family and significantly higher than that of the Drug Manufacturers—Specialty & Generic category. The price to sales for all United States etfs is notably lower than that of the firm.
Horizon Flexible Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Horizon Flexible's current stock value. Our valuation model uses many indicators to compare Horizon Flexible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Horizon Flexible competition to find correlations between indicators driving Horizon Flexible's intrinsic value. More Info.Horizon Flexible Income is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs . 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 Flexible's earnings, one of the primary drivers of an investment's value.About Horizon Flexible Financial Statements
Horizon Flexible investors utilize fundamental indicators, such as revenue or net income, to predict how Horizon Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Flexion Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for the treatment of patients with musculoskeletal conditions in the United States. The company was founded in 2007 and is headquartered in Burlington, Massachusetts. Flexion Therapeutics operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 257 people.
Pair Trading with Horizon Flexible
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 Flexible 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 Flexible will appreciate offsetting losses from the drop in the long position's value.Moving against Horizon Etf
The ability to find closely correlated positions to Horizon Flexible 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 Flexible 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 Flexible - 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 Flexible Income to buy it.
The correlation of Horizon Flexible 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 Flexible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Flexible Income 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 Flexible 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.Check out the analysis of Horizon Flexible Correlation against competitors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Horizon Flexible Income 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 Flexible's value that differs from its market value or its book value, called intrinsic value, which is Horizon Flexible'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 Flexible's market value can be influenced by many factors that don't directly affect Horizon Flexible'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 Flexible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Flexible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Flexible'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.