Harbor Mid Price To Earning vs. Net Asset
| HAMGX Fund | USD 6.52 0.06 0.93% |
For Harbor Mid profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harbor Mid to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harbor Mid Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harbor Mid's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harbor Mid Cap over time as well as its relative position and ranking within its peers.
Harbor |
Harbor Mid Cap Net Asset vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harbor Mid's current stock value. Our valuation model uses many indicators to compare Harbor Mid value to that of its competitors to determine the firm's financial worth. Harbor Mid Cap is one of the top funds in price to earning among similar funds. It also is one of the top funds in net asset among similar funds making up about 2,068,622 of Net Asset per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Harbor Mid's earnings, one of the primary drivers of an investment's value.Harbor Net Asset vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Harbor Mid |
| = | 39.20 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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 Mid |
| = | 81.09 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 Mid is currently under evaluation in net asset among similar funds.
Harbor Mid Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Harbor Mid, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harbor Mid will eventually generate negative long term returns. The profitability progress is the general direction of Harbor Mid's change in net profit over the period of time. It can combine multiple indicators of Harbor Mid, 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 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.
Harbor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harbor Mid. 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 Mid 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 Mid's important profitability drivers and their relationship over time.
Use Harbor Mid 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 Mid 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 Mid will appreciate offsetting losses from the drop in the long position's value.Harbor Mid Pair Trading
Harbor Mid Cap Pair Trading Analysis
The ability to find closely correlated positions to Harbor Mid 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 Mid 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 Mid - 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 Mid Cap to buy it.
The correlation of Harbor Mid 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 Mid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harbor Mid Cap 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 Mid 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 Mid position
In addition to having Harbor Mid 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 Broad Market ETFs Thematic Idea Now
Broad Market ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 56 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 Broad Market ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Harbor Mutual Fund
To fully project Harbor Mid's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harbor Mid Cap 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 Mid's income statement, its balance sheet, and the statement of cash flows.
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