Harbor Etf Trust Etf Performance
| EFFE Etf | USD 19.92 0.02 0.10% |
The etf retains a Market Volatility (i.e., Beta) of 0.0306, which attests to not very significant fluctuations relative to the market. 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
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Over the last 90 days Harbor ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Harbor ETF is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Twin Boom-and-Bust Hits 10 Trillion ETF Industry in Overdrive - Bloomberg | 12/20/2024 |
| In Threey Sharp Ratio | 0.70 |
Harbor |
Harbor ETF Relative Risk vs. Return Landscape
If you would invest 1,991 in Harbor ETF Trust on October 9, 2024 and sell it today you would earn a total of 1.00 from holding Harbor ETF Trust or generate 0.05% return on investment over 90 days. Harbor ETF Trust is currently generating 0.0076% in daily expected returns and assumes 0.8169% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% 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 |
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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 = 0.0093
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| Negative Returns | EFFE |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harbor ETF is not performing at its full potential. However, 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 Harbor ETF to a well-diversified portfolio.
Harbor ETF Fundamentals Growth
Harbor Etf prices reflect investors' perceptions of the future prospects and financial health of Harbor ETF, and Harbor ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Harbor Etf performance.
| Price To Earning | 17.73 X | |||
| Price To Book | 2.01 X | |||
| Price To Sales | 1.27 X | |||
| Total Asset | 5.15 M | |||
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.
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the JPMorgan ETF Efficiente 10 TR Series X Index. Global X is traded on Archipelago Exchange in USA.| Latest headline from news.google.com: Twin Boom-and-Bust Hits 10 Trillion ETF Industry in Overdrive - Bloomberg | |
| The fund retains about 69.03% of its assets under management (AUM) in fixed income securities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Harbor ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Harbor ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Harbor ETF'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 ETF's market value can be influenced by many factors that don't directly affect Harbor ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor ETF'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.