Harbor Etf Trust Etf Performance
| EBIT Etf | 35.64 0.29 0.81% |
The etf retains a Market Volatility (i.e., Beta) of 1.46, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Harbor ETF will likely underperform.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Harbor ETF Trust are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile forward indicators, Harbor ETF may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Does Royal Caribbean Cruises Have A Healthy Balance Sheet | 10/02/2024 |
2 | General Motors Growth Potential In Focus Amid EV Transition Analyst Highlights Robust Liquidity, More Buybacks | 10/23/2024 |
3 | These 4 Measures Indicate That L3Harris Technologies Is Using Debt Reasonably Well | 11/04/2024 |
4 | Bewi ASA Q3 2024 Earnings Call Highlights Navigating Challenges with Strategic ... | 11/07/2024 |
5 | Pitney Bowes Inc Q3 2024 Earnings Call Highlights Strong EBIT Growth Amid Revenue Challenges | 11/08/2024 |
6 | ALSTOM SA Alstoms first half 202425 good commercial performance, confirmation of FY202425 outlook | 11/13/2024 |
7 | thyssenkrupp AG Q4 2024 Earnings Call Highlights Navigating Challenges with Strategic ... | 11/20/2024 |
8 | Heres Why We Think IGB Berhad Is Well Worth Watching | 11/21/2024 |
9 | Heres Why Becton Dickinson Can Manage Its Debt Responsibly | 11/26/2024 |
10 | South Africas Naspers plans more IPOs in next 18 months after Swiggy success | 12/02/2024 |
11 | Heres Why Dow Has A Meaningful Debt Burden | 12/03/2024 |
Harbor |
Harbor ETF Relative Risk vs. Return Landscape
If you would invest 3,195 in Harbor ETF Trust on September 5, 2024 and sell it today you would earn a total of 369.00 from holding Harbor ETF Trust or generate 11.55% return on investment over 90 days. Harbor ETF Trust is currently generating 0.1792% in daily expected returns and assumes 1.3095% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Harbor, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Harbor ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harbor ETF Trust, and traders can use it to determine the average amount a Harbor ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1369
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | EBIT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Harbor ETF is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Harbor ETF by adding it to a well-diversified portfolio.
About Harbor ETF Performance
Assessing Harbor ETF's fundamental ratios provides investors with valuable insights into Harbor ETF's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Harbor ETF is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Harbor ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from finance.yahoo.com: Heres Why Dow Has A Meaningful Debt Burden |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Harbor ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Harbor ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Harbor ETF'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 ETF's market value can be influenced by many factors that don't directly affect Harbor ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor ETF'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.