Harbor ETF Equity Positions Weight vs. Price To Book
| EFFE Etf | USD 19.72 0.12 0.60% |
For Harbor ETF profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harbor ETF to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harbor ETF Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harbor ETF's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harbor ETF Trust over time as well as its relative position and ranking within its peers.
Harbor |
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.
Harbor ETF Trust Price To Book vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harbor ETF's current stock value. Our valuation model uses many indicators to compare Harbor ETF value to that of its competitors to determine the firm's financial worth. Harbor ETF Trust is rated below average in equity positions weight as compared to similar ETFs. It is rated # 3 ETF in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Equity Positions Weight. The ratio of Equity Positions Weight to Price To Book for Harbor ETF Trust is roughly 14.54 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Harbor ETF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Harbor Price To Book vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Harbor ETF |
| = | 29.22 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Harbor ETF |
| = | 2.01 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Harbor ETF Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Harbor ETF, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harbor ETF will eventually generate negative long term returns. The profitability progress is the general direction of Harbor ETF's change in net profit over the period of time. It can combine multiple indicators of Harbor ETF, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.
Harbor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harbor ETF. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Harbor ETF position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Harbor ETF's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Harbor ETF without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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Use Investing Themes to Complement your Harbor ETF position
In addition to having Harbor ETF in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wholesale Theme or any other thematic opportunities.
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Check out Investing Opportunities. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
To fully project Harbor ETF's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harbor ETF Trust at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Harbor ETF's income statement, its balance sheet, and the statement of cash flows.