Harbor Health Care Etf Profile

MEDI Etf   25.53  0.39  1.55%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
Harbor Health is trading at 25.53 as of the 22nd of November 2024. This is a 1.55 percent increase since the beginning of the trading day. The etf's open price was 25.14. Harbor Health has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Harbor Health Care are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Harbor Health is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Harbor Health Care

Moving together with Harbor Etf

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  0.79IXJ iShares Global HealthcarePairCorr

Moving against Harbor Etf

  0.69STCE Schwab Strategic TrustPairCorr
  0.54EOS Eaton Vance EnhancedPairCorr
  0.43VBK Vanguard Small CapPairCorr
  0.39IHI iShares Medical DevicesPairCorr

Harbor Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[Myconic Capital Corp, Wellbeing Digital Sciences Inc, Medtechnica Ltd]
Business ConcentrationOslo All Share, Health Care ETFs, Sector ETFs, Health (View all Sectors)
IssuerHarbor Capital Advisors
Inception Date2022-11-16
Entity TypeRegulated Investment Company
Asset Under Management16.55 Million
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationBlended Development
RegionGlobal
AdministratorHarbor Capital Advisors, Inc.
AdvisorHarbor Capital Advisors, Inc.
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerWilliam Muggia, Matthew Renna
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents34.0
Market MakerGTS
Total Expense0.8
Management Fee0.8
200 Day M A26.4598
Country NameUSA
50 Day M A27.1215
CodeMEDI
Updated At21st of November 2024
Returns Y T D0.42
NameHarbor Health Care ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01BGWLZ96
TypeETF
1y Volatility17.75
Harbor Health Care [MEDI] is traded in USA and was established null. The fund is listed under Health. The entity is thematically classified as Health Care ETFs. Harbor Health Care now have in assets. , while the total return for the last year was 13.1%.
Check Harbor Health Probability Of Bankruptcy

Geographic Allocation (%)

Top Harbor Health Care Etf Constituents

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ITCIIntracellular ThStockHealth Care
PRCTProcept Biorobotics CorpStockHealth Care
GKOSGlaukos CorpStockHealth Care
BCYCBicycle TherapeuticsStockHealth Care
6XCSOLENO THERAPEUT DL 001StockDE Stock
More Details

Harbor Health Care Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Harbor Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Harbor Health Against Markets

When determining whether Harbor Health Care offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harbor Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Harbor Health Care Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Harbor Health Care Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Harbor Health Care. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Harbor Health Care is measured differently than its book value, which is the value of Harbor that is recorded on the company's balance sheet. Investors also form their own opinion of Harbor Health's value that differs from its market value or its book value, called intrinsic value, which is Harbor Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harbor Health's market value can be influenced by many factors that don't directly affect Harbor Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harbor Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.