Refers to a method of measuring the discounted cash flow (time-adjusted return) from an investment using time periods or a series of horizons that differ from the investment's contractual maturity. The horizon date may be a date determined by the perspective of the investor's overall portfolio or it may be the end of a business cycle. Horizon analysis takes into account reinvestment assumptions that allow comparisons with alternative investments. This may be more realistic in terms of individual portfolio requirements than traditional yield-to-maturity calculations.

An analysis of the performance of a business or company under certain specific conditions. Such analyses are usually best case, worst case, and most probable circumstances.

A horizon analysis of assets incorporates the total return to determine the guage the performance of that asset over an investment horizon.