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Performance analysis of New Horizon Aircraft (HOVR)

Annual Return

Since Jan 16, 2024, HOVR has had an average annual return of -18.82%, underperforming the benchmark SPY, which returned +21.26% annual.

202620252024
+35.38%+30.09%-66.37%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+26.54%+4.30%-27.33%+60.30%+29.42%-32.65%+1.02%+35.38%
2025-40.89%-24.09%+2.58%-2.71%+109.50%+61.30%-11.69%+15.89%+45.16%+1.57%-36.05%-10.91%+30.09%
2024-51.49%-23.31%+92.02%-16.25%-60.45%-30.18%+26.09%+41.91%-53.48%-39.20%+140.31%+67.40%-66.37%

Drawdown analysis of New Horizon Aircraft (HOVR)

The maximum drawdown for the HOVR was -92.26%, occurring on Oct 3, 2024. Recovery took 254 trading sessions.

The current HOVR drawdown is -49.10%.

Since Jan 16, 2024 HOVR has experienced the following drawdowns:

  • 50% or more: 2 times
  • 40% or more: 2 times
  • 30% or more: 2 times
  • 20% or more: 2 times
  • 10% or more: 3 times
DepthStartTo BottomBottomTo RecoverEndTotal
-92.26%Jan 16, 2024181Oct 3, 2024254Oct 9, 2025435
-69.31%Oct 14, 202527Nov 20, 2025OngoingOngoingOngoing
-16.08%Oct 9, 20251Oct 10, 20251Oct 13, 20252