New Horizon Aircraft Ltd (HOVRW)

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The chart shows the growth of an initial investment of $10,000 in New Horizon Aircraft Ltd, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

New Horizon Aircraft Ltd (HOVRW) has returned 0.28% so far this year and 838.42% over the past 12 months.

Based on dividend-adjusted daily data since Jan 16, 2024, HOVRW's average daily return is +1.73%, while the average monthly return is +30.75%. At this rate, your investment would double in approximately 0.2 years.

Historically, 41% of months were positive and 59% were negative. The best month was Dec 2024 with a return of +356.6%, while the worst month was Jun 2024 at -56.6%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 4 months.

On a daily basis, HOVRW closed higher 45% of trading days. The best single day was Mar 6, 2024 with a return of +169.6%, while the worst single day was Jun 13, 2024 at -52.8%.

New Horizon Aircraft Ltd has an annualized alpha of 5868.05%, beta of 1.59, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 17, 2024.

• This stock captured 310.29% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -610.72%) — a profile typical of hedging or uncorrelated assets.
• R² of 0.01 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HOVRW ranks 97 for risk / return — in the top 97% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for New Horizon Aircraft Ltd (HOVRW) and compare them to a chosen benchmark (S&P 500 Index).

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the New Horizon Aircraft Ltd. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the New Horizon Aircraft Ltd was 86.76%, occurring on Oct 15, 2024. Recovery took 50 trading sessions.

The current New Horizon Aircraft Ltd drawdown is 54.77%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of New Horizon Aircraft Ltd over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how New Horizon Aircraft Ltd is priced in the market compared to other companies in the Aerospace & Defense industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.