Harbor International Small Fund Market Value
| HRISX Fund | USD 14.88 0.09 0.60% |
| Symbol | Harbor |
Harbor International '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 International's mutual fund 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 International.
| 12/25/2024 |
| 03/25/2025 |
If you would invest 0.00 in Harbor International on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Harbor International Small or generate 0.0% return on investment in Harbor International over 90 days. Harbor International is related to or competes with Invesco Energy, Vanguard Energy, Ivy Natural, and Fidelity Advisor. Under normal market conditions, the fund invests at least 80 percent of its net assets, plus borrowings for investment p... More
Harbor International 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 International's mutual fund 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 International Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.865 | |||
| Information Ratio | 0.1726 | |||
| Maximum Drawdown | 4.38 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.42 |
Harbor International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harbor International's standard deviation. In reality, there are many statistical measures that can use Harbor International historical prices to predict the future Harbor International's volatility.| Risk Adjusted Performance | 0.1276 | |||
| Jensen Alpha | 0.113 | |||
| Total Risk Alpha | 0.1474 | |||
| Sortino Ratio | 0.1723 | |||
| Treynor Ratio | 9.15 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Harbor International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Harbor International Backtested Returns
At this stage we consider Harbor Mutual Fund to be very steady. Harbor International 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. We have found twenty-eight technical indicators for Harbor International, which you can use to evaluate the volatility of the entity. Please check out Harbor International's Risk Adjusted Performance of 0.1276, downside deviation of 0.865, and Market Risk Adjusted Performance of 9.16 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The fund retains a Market Volatility (i.e., Beta) of 0.0123, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Harbor International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harbor International is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
Harbor International Small has good predictability. Overlapping area represents the amount of predictability between Harbor International time series from 25th of December 2024 to 8th of February 2025 and 8th of February 2025 to 25th of March 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 International price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Harbor International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Harbor International lagged returns against current returns
Autocorrelation, which is Harbor International mutual fund'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 International's mutual fund expected returns. We can calculate the autocorrelation of Harbor International returns to help us make a trade decision. For example, suppose you find that Harbor International has exhibited high autocorrelation historically, and you observe that the mutual fund 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harbor International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harbor International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Harbor International Lagged Returns
When evaluating Harbor International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harbor International mutual fund have on its future price. Harbor International 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 International autocorrelation shows the relationship between Harbor International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Harbor International Small.
Regressed Prices |
| Timeline |
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Other Information on Investing in Harbor Mutual Fund
Harbor International financial ratios help investors to determine whether Harbor Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Harbor with respect to the benefits of owning Harbor International security.
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