Harbor All Weather Inflation Etf Fundamentals
| HGER Etf | USD 23.27 0.04 0.17% |
Harbor All Weather Inflation fundamentals help investors to digest information that contributes to Harbor All's financial success or failures. It also enables traders to predict the movement of Harbor Etf. The fundamental analysis module provides a way to measure Harbor All's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Harbor All etf.
Harbor |
Harbor All Weather Inflation ETF Beta Analysis
Harbor All's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Harbor All Beta | 0.76 |
Most of Harbor All's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Harbor All Weather Inflation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Harbor All Weather Inflation has a Beta of 0.76. This is much higher than that of the family and significantly higher than that of the Commodities Broad Basket category. The beta for all United States etfs is notably lower than that of the firm.
Harbor Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Harbor All's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Harbor All could also be used in its relative valuation, which is a method of valuing Harbor All by comparing valuation metrics of similar companies.Harbor All is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, Harbor All's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harbor All is expected to be smaller as well.
Harbor Fundamentals
| Beta | 0.76 | |||
| One Year Return | 9.70 % | |||
| Three Year Return | 5.10 % |
About Harbor All Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Harbor All Weather Inflation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Harbor All using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Harbor All Weather Inflation based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
When determining whether Harbor All Weather is a strong investment it is important to analyze Harbor All's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Harbor All's future performance. For an informed investment choice regarding Harbor Etf, refer to the following important reports: Check out Harbor All Piotroski F Score and Harbor All Altman Z Score analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Harbor All Weather 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 All's value that differs from its market value or its book value, called intrinsic value, which is Harbor All'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 All's market value can be influenced by many factors that don't directly affect Harbor All'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 All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor All'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.