Stone Harbor Local Fund Manager Performance Evaluation

SHLMX Fund  USD 8.62  0.11  1.29%   
The fund owns a Beta (Systematic Risk) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, STONE HARBOR's returns are expected to increase less than the market. However, during a bear market, the loss from holding STONE HARBOR is expected to be smaller as well.
Risk-Adjusted Performance
Contained
 
Weak
 
Strong
Compared with the broader market, risk-adjusted returns on Stone Harbor Local rank lower than 6% of all funds and fund portfolios over the last 90 days. This score becomes more useful when investors compare it with downside risk, Sharpe Ratio, and current trend stability. Despite somewhat strong primary indicators, STONE HARBOR is not utilizing all of its potential. The current price disturbance may contribute to short-term losses for investors. Learn More
Expense Ratio Date30th of September 2021
Expense Ratio1.0000
  

STONE HARBOR Relative Risk vs. Return Landscape

If you had invested $ 845.00 in Stone Harbor Local on December 11, 2025 and sold it today you would have earned a total of $ 17.00 from holding Stone Harbor Local or generated 2.01% return on investment over 90 days. Stone Harbor Local is currently producing a 0.0335% return and carries 0.4225% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than STONE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
This benchmark view frames the instrument through return capture and volatility trade-offs. It keeps the emphasis on benchmark context, not just standalone performance. Assuming a 90-day horizon STONE HARBOR is expected to generate 0.55 times more return on investment than the market. However, the fund is 1.83 times less risky than the market. It trades about 0.08 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.04 per unit of risk.

Historical Prices of Stone Harbor Local

Below is the normalized historical share price chart for Stone Harbor Local extending back to June 30, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of STONE HARBOR stands at 8.62, as last reported on the 11th of March 2026, with the highest price reaching 8.62 and the lowest price hitting 8.62 during the day.
Macro event markers
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Target Price Odds to finish over Current Price

Prices of funds like STONE Mutual Fund tend to oscillate around a central value over time, a phenomenon known as mean reversion. Although this tendency is a useful forecasting input, some instruments remain persistently underpriced or overpriced before the market corrects the discrepancy.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
8.62 90 days 8.62
about 52.85
Under a normal probability framework, the likelihood of STONE HARBOR moving above the current price in 90 days from now is about 52.85 (The distribution above models the probability of STONE Mutual Fund reaching different price points within 90 days).
Assuming a 90-day horizon STONE HARBOR has a beta of 0.16. This usually implies as returns on the market go up, STONE HARBOR's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Stone Harbor Local is expected to be smaller as well. Additionally, Stone Harbor Local has an alpha of 0.0195, implying that it can generate a 0.0195 percent excess return over Dow Jones Industrial after adjusting for the inherent market risk (beta).
   STONE HARBOR Price Density   
       Price  

Predictive Modules for STONE HARBOR

The challenge of forecasting Stone Harbor Local mirrors the broader difficulty of predicting fund market movements. No single technique offers reliable accuracy, but investors who apply multiple methods and compare the results are better positioned to identify potential outcomes and manage risk effectively.
While mean reversion in STONE HARBOR is a statistically observable tendency, it operates on uncertain timelines. Positions sized too aggressively against the trend can suffer sustained losses before reversion occurs.
Hype
Prediction
LowEstimatedHigh
8.208.629.04
Details
Intrinsic
Valuation
LowRealHigh
8.218.639.05
Details
Naive
Forecast
LowNextHigh
8.068.498.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.538.758.97
Details
To derive maximum value from STONE HARBOR analysis, compare STONE HARBOR's metrics against peers. This cross-sectional approach separates idiosyncratic performance from sector-level trends.

STONE HARBOR Risk Indicators

The mutual fund market has been marked by significant volatility in the last 10-20 years, and STONE HARBOR has not been spared. Both sharp declines and strong rallies have tested investor discipline. A hedging strategy built around STONE HARBOR's risk indicators can help those holding Stone Harbor Local manage downside risk more effectively.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones0.16
σ
Overall volatility
0.14
Ir
Information ratio 0.07

STONE HARBOR Alerts and Suggestions

Investors who use alerts for STONE HARBOR can respond more quickly to important fund events. Notifications for Stone Harbor Local highlight significant technical and fundamental shifts that may create new opportunities or signal emerging risks.
The fund maintains about 16.19% of its assets in cash

STONE HARBOR Fundamentals Growth

STONE Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of STONE HARBOR, and STONE HARBOR 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 STONE Mutual Fund performance.

About STONE HARBOR Performance Analysis

STONE HARBOR performance is typically evaluated through NAV-based returns relative to category peers and stated objectives. Benchmark comparison clarifies whether outcomes reflect exposure or implementation effects.

Unless otherwise specified, financial data for Stone Harbor Local is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Updates may occur throughout the day.