Harbor Etf Trust Etf Performance
| AREA Etf | 18.63 0.04 0.21% |
The etf retains a Market Volatility (i.e., Beta) of 0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harbor ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harbor ETF is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Harbor ETF Trust are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong technical and fundamental indicators, Harbor ETF is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Harbor |
Harbor ETF Relative Risk vs. Return Landscape
If you would invest 1,845 in Harbor ETF Trust on December 21, 2024 and sell it today you would earn a total of 18.00 from holding Harbor ETF Trust or generate 0.98% return on investment over 90 days. Harbor ETF Trust is currently generating 0.0219% in daily expected returns and assumes 1.0498% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Harbor, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Harbor ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harbor ETF Trust, and traders can use it to determine the average amount a Harbor ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0208
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AREA |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Harbor ETF is performing at about 1% of its full potential. 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 ETF by adding it to a well-diversified portfolio.
About Harbor ETF Performance
By analyzing Harbor ETF's fundamental ratios, stakeholders can gain valuable insights into Harbor ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Harbor ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Harbor ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.