Harbor Corporate Culture Etf Market Value
| HAPI Etf | USD 36.14 0.27 0.75% |
| Symbol | Harbor |
The market value of Harbor Corporate Culture 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 Corporate's value that differs from its market value or its book value, called intrinsic value, which is Harbor Corporate'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 Corporate's market value can be influenced by many factors that don't directly affect Harbor Corporate'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 Corporate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor Corporate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Corporate'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.
Harbor Corporate 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Harbor Corporate's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Harbor Corporate.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in Harbor Corporate on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Harbor Corporate Culture or generate 0.0% return on investment in Harbor Corporate over 30 days. Harbor Corporate is related to or competes with IShares Dividend, Martin Currie, VictoryShares THB, Mast Global, AdvisorShares Gerber, Amplify ETF, and Tidal ETF. The fund invests at least 80 percent of its total assets in securities that are included in the index More
Harbor Corporate Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Harbor Corporate's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Harbor Corporate Culture upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9474 | |||
| Information Ratio | 0.0459 | |||
| Maximum Drawdown | 5.41 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.16 |
Harbor Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harbor Corporate's standard deviation. In reality, there are many statistical measures that can use Harbor Corporate historical prices to predict the future Harbor Corporate's volatility.| Risk Adjusted Performance | 0.0639 | |||
| Jensen Alpha | 0.0508 | |||
| Total Risk Alpha | 0.0367 | |||
| Sortino Ratio | 0.0389 | |||
| Treynor Ratio | 0.2679 |
Harbor Corporate Culture Backtested Returns
Harbor Corporate is very steady at the moment. Harbor Corporate Culture holds Efficiency (Sharpe) Ratio of 0.0415, which attests that the entity had a 0.0415% return per unit of risk over the last 3 months. We have found thirty technical indicators for Harbor Corporate Culture, which you can use to evaluate the volatility of the entity. Please check out Harbor Corporate's Downside Deviation of 0.9474, market risk adjusted performance of 0.2779, and Risk Adjusted Performance of 0.0639 to validate if the risk estimate we provide is consistent with the expected return of 0.0334%. The etf retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Harbor Corporate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harbor Corporate is expected to be smaller as well.
Auto-correlation | -0.02 |
Very weak reverse predictability
Harbor Corporate Culture has very weak reverse predictability. Overlapping area represents the amount of predictability between Harbor Corporate time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Harbor Corporate Culture price movement. The serial correlation of -0.02 indicates that only 2.0% of current Harbor Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Harbor Corporate Culture lagged returns against current returns
Autocorrelation, which is Harbor Corporate etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Harbor Corporate's etf expected returns. We can calculate the autocorrelation of Harbor Corporate returns to help us make a trade decision. For example, suppose you find that Harbor Corporate has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Harbor Corporate regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Harbor Corporate etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harbor Corporate etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harbor Corporate etf over time.
Current vs Lagged Prices |
| Timeline |
Harbor Corporate Lagged Returns
When evaluating Harbor Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harbor Corporate etf have on its future price. Harbor Corporate autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Harbor Corporate autocorrelation shows the relationship between Harbor Corporate etf current value and its past values and can show if there is a momentum factor associated with investing in Harbor Corporate Culture.
Regressed Prices |
| Timeline |
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Check out Harbor Corporate Correlation, Harbor Corporate Volatility and Harbor Corporate Alpha and Beta module to complement your research on Harbor Corporate. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Harbor Corporate 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.