Harbor Convertible One Year Return vs. Year To Date Return
| HNCVX Fund | USD 12.14 0.03 0.25% |
For Harbor Convertible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harbor Convertible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harbor Vertible Securities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harbor Convertible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harbor Vertible Securities over time as well as its relative position and ranking within its peers.
Harbor |
Harbor Vertible Secu Year To Date Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harbor Convertible's current stock value. Our valuation model uses many indicators to compare Harbor Convertible value to that of its competitors to determine the firm's financial worth. Harbor Vertible Securities is one of the top funds in one year return among similar funds. It also is one of the top funds in year to date return among similar funds creating about 0.66 of Year To Date Return per One Year Return. The ratio of One Year Return to Year To Date Return for Harbor Vertible Securities is roughly 1.52 . 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 Convertible's earnings, one of the primary drivers of an investment's value.Harbor Year To Date Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Harbor Convertible |
| = | 26.16 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Harbor Convertible |
| = | 17.16 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Harbor Year To Date Return Comparison
Harbor Vertible is currently under evaluation in year to date return among similar funds.
Harbor Convertible Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Harbor Convertible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harbor Convertible will eventually generate negative long term returns. The profitability progress is the general direction of Harbor Convertible's change in net profit over the period of time. It can combine multiple indicators of Harbor Convertible, 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 a diversified portfolio of convertible securities. It invests primarily in U.S. dollar denominated securities, including those of foreign issuers however, the fund may invest in securities denominated in other currencies.
Harbor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harbor Convertible. 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 Convertible 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 Convertible's important profitability drivers and their relationship over time.
| One Year Return vs Annual Yield | ||
| Three Year Return vs Year To Date Return | ||
| One Year Return vs Five Year Return | ||
| Net Asset vs Year To Date Return | ||
| One Year Return vs Cash Position Weight |
Use Harbor Convertible 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 Convertible 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 Convertible will appreciate offsetting losses from the drop in the long position's value.Harbor Convertible Pair Trading
Harbor Vertible Securities Pair Trading Analysis
The ability to find closely correlated positions to Harbor Convertible 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 Convertible 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 Convertible - 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 Vertible Securities to buy it.
The correlation of Harbor Convertible 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 Convertible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harbor Vertible Secu 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 Convertible 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 Convertible position
In addition to having Harbor Convertible 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 Healthcare Thematic Idea Now
Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 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 Healthcare Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Harbor Mutual Fund
To fully project Harbor Convertible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harbor Vertible Secu 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 Convertible's income statement, its balance sheet, and the statement of cash flows.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |