HZN, NYSE

Horizon Global Corporation (HZN)

Price (as of September 30)

1.34USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

ALLG

Allego N.V.

-0.12

ADNT

Adient plc

-0.04

BWA

BorgWarner Inc.

-0.03

DAN

Dana Incorporated

-0.02

AXL

American Axle & Manufacturing Holdings, Inc.

-0.01

APTV

Aptiv PLC

-0

CAAS

China Automotive Systems, Inc.

0.02

AEVA

Aeva Technologies, Inc.

0.02

ALSN

Allison Transmission Holdings, Inc.

0.04

DORM

Dorman Products, Inc.

0.04

Show more

Highest within Industry

Symbol Correlation

ALV

Autoliv, Inc.

0.05

DORM

Dorman Products, Inc.

0.04

ALSN

Allison Transmission Holdings, Inc.

0.04

AEVA

Aeva Technologies, Inc.

0.02

CAAS

China Automotive Systems, Inc.

0.02

APTV

Aptiv PLC

-0

AXL

American Axle & Manufacturing Holdings, Inc.

-0.01

DAN

Dana Incorporated

-0.02

BWA

BorgWarner Inc.

-0.03

ADNT

Adient plc

-0.04

Show more

Profile

Sector:
Consumer Cyclical
Industry:
Auto Parts

Horizon Global Corporation engages in the design, manufacture, and distribution of towing, trailering, cargo management, and other related accessory products worldwide. It operates in two segments, Horizon Americas and Horizon Europe-Africa. The company provides towing products, such as hitches/tow bars, fifth wheels, gooseneck hitches, weight distribution systems, brake controllers, wiring harnesses, draw bars, ball mounts, crossbars, security products, and other towing accessories. It also offers trailering products, including brake controllers, jacks, winches, couplers, interior and exterior vehicle lighting, and brake replacement parts. In addition, the company provides cargo management products comprising bike racks, roof cross bar systems, cargo carriers, luggage boxes, car interior protective products, loading ramps, and interior travel organizers. Further, it offers other products consisting of tubular push and sports bars, side steps, skid plates, and oil pans. The company sells its products under the Reese, Draw-Tite, Westfalia, Bulldog, BTM, Fulton, Reese Secure, Reese Explorer, Reese Power Sports, Reese Towpower, ROLA, Tekonsha, WesBar, and Witter Towbar Systems brands. It serves aftermarket, automotive original equipment manufacturers, automotive original equipment servicers, retail, e-commerce, and industrial customers within the agricultural, automotive, construction, horse/livestock, industrial, marine, military, recreational, trailer, and utility markets. The company was incorporated in 2015 and is headquartered in Plymouth, Michigan.