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: 6.94%.   Win rate: 83.33%.   Sharpe Ratio: 0.832.   Maximum drawdown: -26.37% on 30 September 2022.
Mean CAGR: 178.95%. Time in market: 816 days.   Hypothetical return: $1000 would be worth $1374.84 on 26 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 6 signal(s) occurring before 08 May 2024 for a 7.5% profit target: (83.33% * 8.27%) + (16.67% * 0.33%) - (0% * 0%) = 6.94%.
Wins: 5 Breakevens: 1 Losses: 0

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

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.

 

Rate of Change Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Rate of Change 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%
11 March 2026   MEDIUM   smart_toy0.976   FIRE SALE Rate of Change $ 4.25 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule
15 August 2025   MEDIUM   smart_toy0.765   Rate of Change $ 7.12 schedule schedule schedule schedule schedule
10 April 2025   MEDIUM   smart_toy0.978   Rate of Change $ 8.22 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule schedule schedule
04 October 2022   MEDIUM   smart_toy0.985   FIRE SALE Rate of Change $ 10.44 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
05 May 2022   MEDIUM   smart_toy0.812   Rate of Change $ 12.74 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
15 March 2022   HIGH   smart_toy0.986   Rate of Change $ 13.56 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
03 March 2020   MEDIUM   smart_toy0.831   Rate of Change $ 11.65 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box
30 October 2018   MEDIUM   smart_toy0.926   Rate of Change $ 8.74 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 select_check_box electric_bolt
08 November 2016   LOW   smart_toy0.925   Rate of Change $ 7.20 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box

 

The data for Horizon Technology Finance Corp (exchange: XNAS symbol: HRZN) was last updated 15 May 2026 23:40. Data for this stock is available from 01 Apr 2016 - 15 May 2026.