Harbor Vertible Securities Fund Manager Performance Evaluation
| HICSX Fund | USD 12.08 0.03 0.25% |
The fund retains a Market Volatility (i.e., Beta) of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harbor Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harbor Convertible is expected to be smaller as well.
Risk-Adjusted Performance
31 of 100
Weak | Strong |
Very Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Harbor Vertible Securities are ranked lower than 31 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Harbor Convertible may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 1.0700 |
Harbor |
Harbor Convertible Relative Risk vs. Return Landscape
If you would invest 1,075 in Harbor Vertible Securities on August 31, 2024 and sell it today you would earn a total of 130.00 from holding Harbor Vertible Securities or generate 12.09% return on investment over 90 days. Harbor Vertible Securities is currently producing 0.1824% returns and takes up 0.4534% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Harbor, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Harbor Convertible Current Valuation
Fairly Valued
Today
Please note that Harbor Convertible's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Harbor Vertible Secu retains a regular Real Value of $11.88 per share. The prevalent price of the fund is $12.08. We determine the value of Harbor Vertible Secu from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Harbor Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Harbor Mutual Fund. However, Harbor Convertible's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.08 | Real 11.88 | Hype 12.05 |
The intrinsic value of Harbor Convertible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Harbor Convertible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Harbor Vertible Securities helps investors to forecast how Harbor mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Harbor Convertible more accurately as focusing exclusively on Harbor Convertible's fundamentals will not take into account other important factors: Harbor Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor Convertible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Harbor Vertible Securities, and traders can use it to determine the average amount a Harbor Convertible'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 = 0.4023
| Best Portfolio | Best Equity | |||
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| Small Returns | HICSX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.4 actual daily | 31 69% of assets perform better |
Based on monthly moving average Harbor Convertible is performing at about 31% 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 Convertible by adding it to a well-diversified portfolio.
Harbor Convertible Fundamentals Growth
Harbor Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Harbor Convertible, and Harbor Convertible 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 Mutual Fund performance.
| Total Asset | 690 K | |||
About Harbor Convertible Performance
Evaluating Harbor Convertible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Harbor Convertible 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 Convertible has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in a diversified portfolio of convertible securities. It invests primarily in U.S. dollar denominated securities, including those of foreign issuers however, the fund may invest in securities denominated in other currencies.Things to note about Harbor Vertible Secu performance evaluation
Checking the ongoing alerts about Harbor Convertible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Harbor Vertible Secu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Harbor is showing solid risk-adjusted performance over 90 days | |
| The fund retains most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Harbor Convertible's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Harbor Convertible's stock is overvalued or undervalued compared to its peers.
- Examining Harbor Convertible's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Harbor Convertible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Harbor Convertible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Harbor Convertible's mutual fund. These opinions can provide insight into Harbor Convertible's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Harbor Mutual Fund
Harbor Convertible 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 Convertible security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |