Harbor Mid Cap Fund Manager Performance Evaluation
| HRMGX Fund | USD 5.53 0.04 0.73% |
The fund retains a Market Volatility (i.e., Beta) of 1.11, which attests to a somewhat significant risk relative to the market. Harbor Mid returns are very sensitive to returns on the market. As the market goes up or down, Harbor Mid is expected to follow.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Harbor Mid Cap are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Harbor Mid may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 1.0800 |
Harbor |
Harbor Mid Relative Risk vs. Return Landscape
If you would invest 491.00 in Harbor Mid Cap on August 28, 2024 and sell it today you would earn a total of 62.00 from holding Harbor Mid Cap or generate 12.63% return on investment over 90 days. Harbor Mid Cap is currently producing 0.1953% returns and takes up 1.1403% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Harbor, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Harbor Mid Current Valuation
Overvalued
Today
Please note that Harbor Mid's price fluctuation is not too volatile at this time. At this time, the entity appears to be overvalued. Harbor Mid Cap retains a regular Real Value of $5.05 per share. The prevalent price of the fund is $5.53. We determine the value of Harbor Mid Cap from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Harbor Mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Harbor Mutual Fund. However, Harbor Mid's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 5.53 | Real 5.05 | Hype 5.53 |
The intrinsic value of Harbor Mid's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Harbor Mid's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Harbor Mid Cap helps investors to forecast how Harbor mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Harbor Mid more accurately as focusing exclusively on Harbor Mid's fundamentals will not take into account other important factors: Harbor Mid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor Mid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Harbor Mid Cap, and traders can use it to determine the average amount a Harbor Mid'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 = 0.1713
| Best Portfolio | Best Equity | |||
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| Small Returns | HRMGX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Harbor Mid is performing at about 13% 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 Mid by adding it to a well-diversified portfolio.
Harbor Mid Fundamentals Growth
Harbor Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Harbor Mid, and Harbor Mid fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Harbor Mutual Fund performance.
| Price To Earning | 39.20 X | ||||
| Price To Book | 3.76 X | ||||
| Price To Sales | 2.87 X | ||||
| Total Asset | 120.93 M | ||||
About Harbor Mid Performance
Evaluating Harbor Mid's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Harbor Mid has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Harbor Mid has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund invests primarily in equity securities, principally common stocks, of companies selected based on their potential for growth tied to disruptive innovation. The managers define disruptive innovation as the development of new products, services, technologies andor other advancements that could disrupt and displace existing businesses and business models over time. While the fund invests primarily in securities of U.S. companies, the fund may invest up to 25 percent of its assets in foreign securities, including those located in emerging market countries.Things to note about Harbor Mid Cap performance evaluation
Checking the ongoing alerts about Harbor Mid for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Harbor Mid Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -6.0% | |
| Harbor Mid Cap retains 96.29% of its assets under management (AUM) in equities |
- Analyzing Harbor Mid's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Harbor Mid's stock is overvalued or undervalued compared to its peers.
- Examining Harbor Mid's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Harbor Mid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Harbor Mid's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Harbor Mid's mutual fund. These opinions can provide insight into Harbor Mid's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Harbor Mutual Fund
Harbor Mid 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 Mid security.
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