Performance analysis of New Horizon Aircraft Ltd Warrant (HOVRW)
Annual Return
Since Jan 16, 2024, HOVRW has had an average annual return of +122.19%, outperforming the benchmark SPY, which returned +20.89% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +3.42% | +219.10% | +124.72% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +12.03% | +7.69% | -16.88% | +22.66% | +37.58% | -27.76% | -15.41% | +3.42% | |||||
| 2025 | -47.50% | -29.90% | -7.34% | -12.02% | +166.32% | +261.95% | -23.93% | -2.18% | +80.34% | +31.59% | -14.84% | -26.63% | +219.10% |
| 2024 | -50.11% | -9.02% | +148.03% | -4.58% | -26.78% | -56.57% | +84.19% | -3.58% | -54.44% | +23.59% | +44.06% | +356.66% | +124.72% |
Drawdown analysis of New Horizon Aircraft Ltd Warrant (HOVRW)
The maximum drawdown for the HOVRW was -86.76%, occurring on Oct 15, 2024. Recovery took 50 trading sessions.
The current HOVRW drawdown is -53.36%.
Since Jan 16, 2024 HOVRW has experienced the following drawdowns:
- 50% or more: 4 times
- 40% or more: 5 times
- 30% or more: 7 times
- 20% or more: 8 times
- 10% or more: 9 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -86.76% | Mar 7, 2024 | 153 | Oct 15, 2024 | 50 | Dec 26, 2024 | 203 |
| -80.77% | Dec 27, 2024 | 50 | Mar 13, 2025 | 61 | Jun 10, 2025 | 111 |
| -68.29% | Jan 23, 2024 | 17 | Feb 15, 2024 | 13 | Mar 6, 2024 | 30 |
| -59.01% | Oct 15, 2025 | 109 | Mar 24, 2026 | Ongoing | Ongoing | Ongoing |
| -44.43% | Jul 21, 2025 | 7 | Jul 30, 2025 | 42 | Sep 29, 2025 | 49 |
| -38.30% | Jan 17, 2024 | 1 | Jan 18, 2024 | 2 | Jan 22, 2024 | 3 |
| -32.15% | Jun 20, 2025 | 4 | Jun 26, 2025 | 16 | Jul 21, 2025 | 20 |
| -22.47% | Oct 9, 2025 | 1 | Oct 10, 2025 | 1 | Oct 13, 2025 | 2 |
| -17.50% | Jun 13, 2025 | 2 | Jun 17, 2025 | 1 | Jun 18, 2025 | 3 |
| -7.32% | Oct 2, 2025 | 1 | Oct 3, 2025 | 2 | Oct 7, 2025 | 3 |