Harbor Health Care Etf Price on December 23, 2024
MEDI Etf | 25.23 0.11 0.43% |
If you're considering investing in Harbor Etf, it is important to understand the factors that can impact its price. As of today, the current price of Harbor Health stands at 25.23, as last reported on the 10th of January, with the highest price reaching 25.37 and the lowest price hitting 25.23 during the day. Harbor Health Care holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Harbor Health Care exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Harbor Health's Market Risk Adjusted Performance of (0.52), standard deviation of 0.9722, and Risk Adjusted Performance of (0.10) to validate the risk estimate we provide.
Harbor Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Harbor |
Sharpe Ratio = -0.1402
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Negative Returns | MEDI |
Estimated Market Risk
1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harbor Health is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Harbor Health by adding Harbor Health to a well-diversified portfolio.
Average Mkt Cap Mil 24.3 K |
Harbor Health Main Headline on 23rd of December 2024
Harbor Health Care ETF declares annual distribution of 0.134... by seekingalpha.com
Invest in Harbor Health Care ETF for a dividend payout of 0.1346 payable on Dec 26.
Harbor Health Valuation on December 23, 2024
It is possible to determine the worth of Harbor Health on a given historical date. On December 23, 2024 Harbor was worth 25.02 at the beginning of the trading date compared to the closed value of 25.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harbor Health etf. Still, in general, we apply an absolute valuation method to find Harbor Health's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harbor Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harbor Health's related companies.
Open | High | Low | Close | Volume | |
25.35 | 25.35 | 25.03 | 25.03 | 600.00 | |
12/23/2024 | 25.02 | 25.26 | 25.02 | 25.26 | 7,080 |
25.09 | 25.19 | 25.05 | 25.19 | 1,500 |
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Harbor Health Trading Date Momentum on December 23, 2024
On December 24 2024 Harbor Health Care was traded for 25.19 at the closing time. The top price for the day was 25.19 and the lowest listed price was 25.05 . The trading volume for the day was 1.5 K. The trading history from December 24, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.28% . The trading delta at closing time against the current closing price is 0.91% . |
About Harbor Health Etf history
Harbor Health investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Harbor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harbor Health Care will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Harbor Health stock prices may prove useful in developing a viable investing in Harbor Health
Harbor Health Etf Technical Analysis
Harbor Health technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Harbor Health Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Harbor Health Care cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Harbor Health January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Harbor Health etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harbor Health shares will generate the highest return on investment. By undertsting and applying Harbor Health etf market strength indicators, traders can identify Harbor Health Care entry and exit signals to maximize returns
Harbor Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Harbor Health's price direction in advance. Along with the technical and fundamental analysis of Harbor Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harbor to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.10) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (0.53) |
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Harbor Health Care. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Harbor Health Care 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 Health's value that differs from its market value or its book value, called intrinsic value, which is Harbor Health'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 Health's market value can be influenced by many factors that don't directly affect Harbor Health'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 Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Health'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.