Harbor Dividend Price To Sales vs. Net Asset
| GDIV Etf | USD 15.74 0.06 0.38% |
For Harbor Dividend profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harbor Dividend to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harbor Dividend Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harbor Dividend's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harbor Dividend Growth over time as well as its relative position and ranking within its peers.
Harbor |
The market value of Harbor Dividend Growth 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 Dividend's value that differs from its market value or its book value, called intrinsic value, which is Harbor Dividend'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 Dividend's market value can be influenced by many factors that don't directly affect Harbor Dividend'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 Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Dividend'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.
Harbor Dividend Growth Net Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harbor Dividend's current stock value. Our valuation model uses many indicators to compare Harbor Dividend value to that of its competitors to determine the firm's financial worth. Harbor Dividend Growth is one of the top ETFs in price to sales as compared to similar ETFs. It also is one of the top ETFs in net asset as compared to similar ETFs making up about 12,931,000,000 of Net Asset per Price To Sales. Comparative valuation analysis is a catch-all technique that is used if you cannot value Harbor Dividend by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Harbor Net Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Harbor Dividend |
| = | 0.01 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Harbor Dividend |
| = | 129.31 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Harbor Net Asset Comparison
Harbor Dividend is currently under evaluation in net asset as compared to similar ETFs.
Harbor Dividend Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Harbor Dividend, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harbor Dividend will eventually generate negative long term returns. The profitability progress is the general direction of Harbor Dividend's change in net profit over the period of time. It can combine multiple indicators of Harbor Dividend, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal market conditions, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in dividend-paying equity securities. Harbor Dividend is traded on NYSEARCA Exchange in the United States.
Harbor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harbor Dividend. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Harbor Dividend position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Harbor Dividend's important profitability drivers and their relationship over time.
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Use Harbor Dividend in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Harbor Dividend position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Harbor Dividend will appreciate offsetting losses from the drop in the long position's value.Harbor Dividend Pair Trading
Harbor Dividend Growth Pair Trading Analysis
The ability to find closely correlated positions to Harbor Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Harbor Dividend when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Harbor Dividend - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Harbor Dividend Growth to buy it.
The correlation of Harbor Dividend is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Harbor Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harbor Dividend Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Harbor Dividend can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Harbor Dividend position
In addition to having Harbor Dividend in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Software Thematic Idea Now
Software
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Software Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
To fully project Harbor Dividend's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harbor Dividend Growth at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Harbor Dividend's income statement, its balance sheet, and the statement of cash flows.