Horizon Technology Finance Corp (HRZN) Daily/Weekly Backtest Results

Buy indicator:                
              [ What are these indicators? | Switch to HRZN's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: 5.04%.   Win rate: 60.0%.   Sharpe Ratio: -0.489.   Maximum drawdown: -41.12% on 19 March 2020.
Mean CAGR: 55.17%. Time in market: 1278 days.   Hypothetical return: $1000 would be worth $1170.52 on 28 October 2022.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)


*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Horizon Technology Finance

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 5 signal(s) occurring before 19 March 2024 for a 7.5% profit target: (60.0% * 8.30%) + (40.0% * 0.14%) - (0% * 0%) = 5.04%.
Wins: 3 Breakevens: 2 Losses: 0

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

Horizon Technology Finance Analysis

Market sector: Financials.

External links: Seeking Alpha Research, Zacks Research.

These links may show useful information about why a stock's price has fallen significantly.

 

52 Week Low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 52 week low entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key:   disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date and Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
04 March 2026   15     52 Week Low $ 5.06 schedule schedule schedule schedule schedule
16 October 2025   20     52 Week Low $ 5.78 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule
09 September 2025   20     52 Week Low $ 6.88 schedule schedule schedule schedule schedule
08 August 2025   20     52 Week Low $ 7.07 schedule schedule schedule schedule schedule
26 June 2025   20     52 Week Low $ 7.22 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule
07 April 2025   20     52 Week Low $ 8.20 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule schedule
16 December 2024   15     52 Week Low $ 8.90 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
22 October 2024   15     52 Week Low $ 10.14 schedule schedule schedule schedule schedule
20 September 2024   15     52 Week Low $ 10.70 schedule schedule schedule schedule schedule
05 August 2024   15     52 Week Low $ 10.82 select_check_box electric_boltelectric_boltelectric_bolt schedule schedule schedule schedule
23 September 2022   30     52 Week Low $ 10.69 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
13 June 2022   30     52 Week Low $ 11.61 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box
27 April 2022   30     52 Week Low $ 13.06 select_check_box select_check_box select_check_box select_check_box select_check_box
10 March 2022   55     52 Week Low $ 13.50 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
12 March 2020   90     mode_heat 52 Week Low $ 9.88 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt

 

The data for Horizon Technology Finance Corp (exchange: XNAS symbol: HRZN) was last updated 27 Mar 2026 11:31. Data for this stock is available from 01 Apr 2016 - 26 Mar 2026.