Harbor Health Care Etf Performance
| MEDI Etf | 26.71 0.05 0.19% |
The etf retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Harbor Health are expected to decrease at a much lower rate. During the bear market, Harbor Health is likely to outperform the market.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Harbor Health Care are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak fundamental indicators, Harbor Health may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
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Harbor Health Relative Risk vs. Return Landscape
If you would invest 2,526 in Harbor Health Care on December 23, 2024 and sell it today you would earn a total of 145.00 from holding Harbor Health Care or generate 5.74% return on investment over 90 days. Harbor Health Care is currently generating 0.101% in daily expected returns and assumes 1.3865% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than Harbor, and 98% 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 Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor Health's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harbor Health Care, and traders can use it to determine the average amount a Harbor Health'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 = 0.0728
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| Cash | Small Risk | MEDI | High Risk | Huge Risk |
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Estimated Market Risk
| 1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.1 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Harbor Health is performing at about 5% 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 Health by adding it to a well-diversified portfolio.
About Harbor Health Performance
By evaluating Harbor Health's fundamental ratios, stakeholders can gain valuable insights into Harbor Health's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Harbor Health 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 Health 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.