Harbor Star is selling for under 0.77 as of the 24th of November 2024; that is 14.93 percent increase since the beginning of the trading day. The stock's lowest day price was 0.76. Harbor Star has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Harbor Star Shipping are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Harbor Star Shipping Risk Profiles
Although Harbor Star's alpha and beta are two of the key measurements used to evaluate Harbor Star's performance over the market, the standard measures of volatility play an important role as well.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Harbor Star stock to make a market-neutral strategy. Peer analysis of Harbor Star could also be used in its relative valuation, which is a method of valuing Harbor Star by comparing valuation metrics with similar companies.
When running Harbor Star's price analysis, check to measure Harbor Star's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harbor Star is operating at the current time. Most of Harbor Star's value examination focuses on studying past and present price action to predict the probability of Harbor Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harbor Star's price. Additionally, you may evaluate how the addition of Harbor Star to your portfolios can decrease your overall portfolio volatility.