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New Horizon Aircraft Ltd (HOVRW)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

IPO Date

Jan 16, 2024

Highlights

Total Revenue (TTM)

$42.00K

Gross Profit (TTM)

$9.09K

EBITDA (TTM)

-$11.01M

Year Range

$0.01 - $0.17

Share Price Chart


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New Horizon Aircraft Ltd

Performance

Performance Chart


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S&P 500

Returns By Period

New Horizon Aircraft Ltd (HOVRW) returned -10.10% year-to-date (YTD) and 156.86% over the past 12 months.


HOVRW

YTD

-10.10%

1M

169.97%

6M

586.26%

1Y

156.86%

3Y*

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of HOVRW, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-47.50%-29.90%-7.34%-12.02%199.67%-10.10%
2024-50.11%-9.01%148.02%-4.59%-26.78%-56.57%84.21%-3.57%-54.44%23.58%44.08%356.62%124.72%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 78, HOVRW is among the top 22% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of HOVRW is 7878
Overall Rank
The Sharpe Ratio Rank of HOVRW is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of HOVRW is 9494
Sortino Ratio Rank
The Omega Ratio Rank of HOVRW is 9191
Omega Ratio Rank
The Calmar Ratio Rank of HOVRW is 7474
Calmar Ratio Rank
The Martin Ratio Rank of HOVRW is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for New Horizon Aircraft Ltd (HOVRW) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

New Horizon Aircraft Ltd Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.54
  • All Time: 0.22

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of New Horizon Aircraft Ltd compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History


New Horizon Aircraft Ltd doesn't pay dividends

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

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 47 trading sessions.

The current New Horizon Aircraft Ltd drawdown is 30.85%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-86.76%Mar 8, 2024129Oct 15, 202447Dec 26, 2024176
-80.77%Dec 30, 202450Mar 13, 2025
-68.28%Jan 24, 202417Feb 15, 202413Mar 6, 202430
-38.3%Jan 18, 20241Jan 18, 20242Jan 22, 20243
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

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.


Annual
Quarterly

0.0

Valuation

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.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for HOVRW relative to other companies in the Aerospace & Defense industry. Currently, HOVRW has a P/S ratio of 0.0. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for HOVRW in comparison with other companies in the Aerospace & Defense industry. Currently, HOVRW has a P/B value of 0.0. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items