Harbor Long Term Growers Etf Market Value
| WINN Etf | USD 25.06 0.65 2.66% |
| Symbol | Harbor |
The market value of Harbor Long Term 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 Long's value that differs from its market value or its book value, called intrinsic value, which is Harbor Long'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 Long's market value can be influenced by many factors that don't directly affect Harbor Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Long'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 Long '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 Long'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 Long.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Harbor Long on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Harbor Long Term Growers or generate 0.0% return on investment in Harbor Long over 90 days. Harbor Long is related to or competes with Weis Markets, Village Super, Ingles Markets, SpartanNash, and XORTX Therapeutics. The fund invests primarily in equity securities, principally common and preferred stocks, of U.S More
Harbor Long 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 Long'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 Long Term Growers upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.69 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 2.09 |
Harbor Long Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harbor Long's standard deviation. In reality, there are many statistical measures that can use Harbor Long historical prices to predict the future Harbor Long's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0085 | |||
| Treynor Ratio | (0.18) |
Harbor Long Term Backtested Returns
Harbor Long Term holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13 % return per unit of risk over the last 3 months. Harbor Long Term exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Harbor Long's Market Risk Adjusted Performance of (0.17), standard deviation of 1.44, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.94, which attests to possible diversification benefits within a given portfolio. Harbor Long returns are very sensitive to returns on the market. As the market goes up or down, Harbor Long is expected to follow.
Auto-correlation | -0.23 |
Weak reverse predictability
Harbor Long Term Growers has weak reverse predictability. Overlapping area represents the amount of predictability between Harbor Long time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Long Term price movement. The serial correlation of -0.23 indicates that over 23.0% of current Harbor Long price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 1.43 |
Harbor Long Term lagged returns against current returns
Autocorrelation, which is Harbor Long 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 Long's etf expected returns. We can calculate the autocorrelation of Harbor Long returns to help us make a trade decision. For example, suppose you find that Harbor Long 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 Long 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 Long etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harbor Long etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harbor Long etf over time.
Current vs Lagged Prices |
| Timeline |
Harbor Long Lagged Returns
When evaluating Harbor Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harbor Long etf have on its future price. Harbor Long 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 Long autocorrelation shows the relationship between Harbor Long etf current value and its past values and can show if there is a momentum factor associated with investing in Harbor Long Term Growers.
Regressed Prices |
| Timeline |
Pair Trading with Harbor Long
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Harbor Long position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Harbor Long will appreciate offsetting losses from the drop in the long position's value.Moving together with Harbor Etf
| 0.99 | VUG | Vanguard Growth Index | PairCorr |
| 0.99 | IWF | iShares Russell 1000 | PairCorr |
| 0.99 | IVW | iShares SP 500 | PairCorr |
| 0.99 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.73 | IUSG | iShares Core SP | PairCorr |
Moving against Harbor Etf
The ability to find closely correlated positions to Harbor Long could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Harbor Long when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Harbor Long - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Harbor Long Term Growers to buy it.
The correlation of Harbor Long is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Harbor Long moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harbor Long Term moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Harbor Long can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Harbor Long Correlation, Harbor Long Volatility and Harbor Long Alpha and Beta module to complement your research on Harbor Long. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Harbor Long 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.