Harbor ETF Financials
| EFFE Etf | USD 19.92 0.02 0.10% |
Net Expense Ratio 0.0088 | 3 y Sharp Ratio 0.7 |
Harbor |
The data published in Harbor ETF's official financial statements typically reflect Harbor ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Harbor ETF's quantitative information. For example, before you start analyzing numbers published by Harbor accountants, it's essential to understand Harbor ETF's liquidity, profitability, and earnings quality within the context of the Global X Funds space in which it operates.
Please note, the presentation of Harbor ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Harbor ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Harbor ETF's management manipulating its earnings.
Harbor ETF Etf Summary
Harbor ETF competes with Tidal Trust, Invesco Variable, SPDR SP, and Alerian MLP. The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the JPMorgan ETF Efficiente 10 TR Series X Index. Global X is traded on Archipelago Exchange in USA.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US37950E1432 |
| CUSIP | 41151J737 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Global X Funds |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 888 493 8631 |
| Currency | USD - US Dollar |
Harbor ETF Key Financial Ratios
Harbor Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Harbor ETF's current stock value. Our valuation model uses many indicators to compare Harbor ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harbor ETF competition to find correlations between indicators driving Harbor ETF's intrinsic value. More Info.Harbor ETF Trust is rated below average in price to earning as compared to similar ETFs. It also is rated below average in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Harbor ETF Trust is roughly 8.82 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Harbor ETF 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 ETF Trust Systematic Risk
Harbor ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harbor ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of ten. The Beta measures systematic risk based on how returns on Harbor ETF Trust correlated with the market. If Beta is less than 0 Harbor ETF generally moves in the opposite direction as compared to the market. If Harbor ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harbor ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harbor ETF is generally in the same direction as the market. If Beta > 1 Harbor ETF moves generally in the same direction as, but more than the movement of the benchmark.
About Harbor ETF Financials
What exactly are Harbor ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Harbor ETF's income statement, its balance sheet, and the statement of cash flows. Potential Harbor ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Harbor ETF investors may use each financial statement separately, they are all related. The changes in Harbor ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Harbor ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Harbor ETF January 7, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harbor ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harbor ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harbor ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Harbor Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harbor ETF's daily price indicators and compare them against related drivers.
| Information Ratio | (0) | |||
| Maximum Drawdown | 3.03 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.22 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Harbor ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Harbor ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Harbor ETF'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 ETF's market value can be influenced by many factors that don't directly affect Harbor ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor ETF'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.