Harbor International Growth Fund Alpha and Beta Analysis
| HIIGX Fund | USD 17.39 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Harbor International Growth. It also helps investors analyze the systematic and unsystematic risks associated with investing in Harbor International over a specified time horizon. Remember, high Harbor International's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Harbor International's market risk premium analysis include:
Beta 0.19 | Alpha 0.1 | Risk 0.89 | Sharpe Ratio 0.0824 | Expected Return 0.0735 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Harbor |
Harbor International Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Harbor International market risk premium is the additional return an investor will receive from holding Harbor International long position in a well-diversified portfolio. 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 International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Harbor International's performance over market.| α | 0.10 | β | 0.19 |
Harbor International Fundamentals Vs Peers
Comparing Harbor International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Harbor International's direct or indirect competition across all of the common fundamentals between Harbor International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Harbor International or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Harbor International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Harbor International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Harbor International to competition |
| Fundamentals | Harbor International | Peer Average |
| Price To Earning | 20.92 X | 6.53 X |
| Price To Book | 2.73 X | 0.74 X |
| Price To Sales | 1.66 X | 0.61 X |
| Year To Date Return | 11.76 % | 0.39 % |
| One Year Return | 30.85 % | 4.15 % |
| Three Year Return | (6.64) % | 3.60 % |
| Five Year Return | 4.23 % | 3.24 % |
Harbor International Opportunities
Harbor International Return and Market Media
The Fund did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Harbor International Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Harbor or other funds. Alpha measures the amount that position in Harbor International has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Harbor International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Harbor International's short interest history, or implied volatility extrapolated from Harbor International options trading.
Build Portfolio with Harbor International
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Other Information on Investing in Harbor Mutual Fund
Harbor International financial ratios help investors to determine whether Harbor Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Harbor with respect to the benefits of owning Harbor International security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |