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HRZN vs. GAIN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between HRZN and GAIN is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

HRZN vs. GAIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon Technology Finance Corporation (HRZN) and Gladstone Investment Corporation (GAIN). The values are adjusted to include any dividend payments, if applicable.

-25.00%-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember
-20.80%
2.97%
HRZN
GAIN

Key characteristics

Sharpe Ratio

HRZN:

-1.17

GAIN:

0.29

Sortino Ratio

HRZN:

-1.49

GAIN:

0.51

Omega Ratio

HRZN:

0.79

GAIN:

1.06

Calmar Ratio

HRZN:

-0.65

GAIN:

0.42

Martin Ratio

HRZN:

-1.61

GAIN:

1.03

Ulcer Index

HRZN:

14.42%

GAIN:

5.19%

Daily Std Dev

HRZN:

19.85%

GAIN:

18.69%

Max Drawdown

HRZN:

-60.45%

GAIN:

-80.87%

Current Drawdown

HRZN:

-32.39%

GAIN:

-5.16%

Fundamentals

Market Cap

HRZN:

$342.56M

GAIN:

$482.64M

EPS

HRZN:

-$0.15

GAIN:

$1.04

PEG Ratio

HRZN:

2.07

GAIN:

5.46

Total Revenue (TTM)

HRZN:

$105.84M

GAIN:

$118.72M

Gross Profit (TTM)

HRZN:

$91.52M

GAIN:

$94.40M

EBITDA (TTM)

HRZN:

$6.75M

GAIN:

$45.88M

Returns By Period

Over the past 10 years, HRZN has underperformed GAIN with an annualized return of 6.37%, while GAIN has yielded a comparatively higher 17.70% annualized return.


HRZN

YTD

0.00%

1M

-2.59%

6M

-20.80%

1Y

-23.20%

5Y*

2.70%

10Y*

6.37%

GAIN

YTD

0.00%

1M

-2.40%

6M

2.97%

1Y

5.33%

5Y*

11.69%

10Y*

17.70%

*Annualized

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Risk-Adjusted Performance

HRZN vs. GAIN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Technology Finance Corporation (HRZN) and Gladstone Investment Corporation (GAIN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for HRZN, currently valued at -1.17, compared to the broader market-4.00-2.000.002.00-1.170.29
The chart of Sortino ratio for HRZN, currently valued at -1.49, compared to the broader market-4.00-2.000.002.004.00-1.490.51
The chart of Omega ratio for HRZN, currently valued at 0.79, compared to the broader market0.501.001.502.000.791.06
The chart of Calmar ratio for HRZN, currently valued at -0.65, compared to the broader market0.002.004.006.00-0.650.42
The chart of Martin ratio for HRZN, currently valued at -1.61, compared to the broader market0.005.0010.0015.0020.0025.00-1.611.03
HRZN
GAIN

The current HRZN Sharpe Ratio is -1.17, which is lower than the GAIN Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of HRZN and GAIN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.001.502.00AugustSeptemberOctoberNovemberDecember
-1.17
0.29
HRZN
GAIN

Dividends

HRZN vs. GAIN - Dividend Comparison

HRZN's dividend yield for the trailing twelve months is around 14.68%, more than GAIN's 12.53% yield.


TTM2023202220212020201920182017201620152014
HRZN
Horizon Technology Finance Corporation
14.68%10.02%10.43%7.54%9.44%9.28%10.67%10.70%12.96%11.76%9.86%
GAIN
Gladstone Investment Corporation
12.53%17.24%9.88%6.06%9.22%7.74%9.88%7.94%8.87%9.68%11.00%

Drawdowns

HRZN vs. GAIN - Drawdown Comparison

The maximum HRZN drawdown since its inception was -60.45%, smaller than the maximum GAIN drawdown of -80.87%. Use the drawdown chart below to compare losses from any high point for HRZN and GAIN. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember
-32.39%
-5.16%
HRZN
GAIN

Volatility

HRZN vs. GAIN - Volatility Comparison

Horizon Technology Finance Corporation (HRZN) has a higher volatility of 8.01% compared to Gladstone Investment Corporation (GAIN) at 5.93%. This indicates that HRZN's price experiences larger fluctuations and is considered to be riskier than GAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember
8.01%
5.93%
HRZN
GAIN

Financials

HRZN vs. GAIN - Financials Comparison

This section allows you to compare key financial metrics between Horizon Technology Finance Corporation and Gladstone Investment Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items