Harbor Bankshares Stock Volatility
| HRBK Stock | USD 14.00 0.32 2.23% |
As of now, Harbor Pink Sheet is not too volatile. Harbor Bankshares holds Efficiency (Sharpe) Ratio of 0.0367, which attests that the entity had a 0.0367% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Harbor Bankshares, which you can use to evaluate the volatility of the firm. Please check out Harbor Bankshares' Risk Adjusted Performance of 0.091, market risk adjusted performance of (1.01), and Downside Deviation of 3.64 to validate if the risk estimate we provide is consistent with the expected return of 0.0809%. Key indicators related to Harbor Bankshares' volatility include:
60 Days Market Risk | Chance Of Distress | 60 Days Economic Sensitivity |
Harbor Bankshares Pink Sheet volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Harbor daily returns, and it is calculated using variance and standard deviation. We also use Harbor's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Harbor Bankshares volatility.
Harbor |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Harbor Bankshares at lower prices. For example, an investor can purchase Harbor stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving against Harbor Pink Sheet
| 0.47 | CIHHF | China Merchants Bank | PairCorr |
| 0.46 | CIHKY | China Merchants Bank | PairCorr |
| 0.41 | BNPQF | BNP Paribas SA | PairCorr |
| 0.38 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.38 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.37 | BNPQY | BNP Paribas SA | PairCorr |
| 0.35 | BBDC4 | Banco Bradesco SA | PairCorr |
Harbor Bankshares Market Sensitivity And Downside Risk
Harbor Bankshares' beta coefficient measures the volatility of Harbor pink sheet compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Harbor pink sheet's returns against your selected market. In other words, Harbor Bankshares's beta of -0.25 provides an investor with an approximation of how much risk Harbor Bankshares pink sheet can potentially add to one of your existing portfolios. Harbor Bankshares shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Harbor Bankshares' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Harbor Bankshares' pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Harbor Bankshares Demand TrendCheck current 90 days Harbor Bankshares correlation with market (Dow Jones Industrial)Harbor Beta |
Harbor standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 2.2 |
It is essential to understand the difference between upside risk (as represented by Harbor Bankshares's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Harbor Bankshares' daily returns or price. Since the actual investment returns on holding a position in harbor pink sheet tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Harbor Bankshares.
Harbor Bankshares Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Harbor Bankshares pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Harbor Bankshares' price changes. Investors will then calculate the volatility of Harbor Bankshares' pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Harbor Bankshares' volatility:
Historical Volatility
This type of pink sheet volatility measures Harbor Bankshares' fluctuations based on previous trends. It's commonly used to predict Harbor Bankshares' future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Harbor Bankshares' current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Harbor Bankshares' to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Harbor Bankshares Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Harbor Bankshares Projected Return Density Against Market
Given the investment horizon of 90 days Harbor Bankshares has a beta of -0.2548 . This usually indicates as returns on the benchmark increase, returns on holding Harbor Bankshares are expected to decrease at a much lower rate. During a bear market, however, Harbor Bankshares is likely to outperform the market.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Harbor Bankshares or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Harbor Bankshares' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Harbor pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Harbor Bankshares has an alpha of 0.2881, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Harbor Bankshares Price Volatility?
Several factors can influence a pink sheet's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Harbor Bankshares Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Harbor Bankshares is 2722.13. The daily returns are distributed with a variance of 4.85 and standard deviation of 2.2. The mean deviation of Harbor Bankshares is currently at 0.88. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 2.20 | |
Ir | Information ratio | 0.06 |
Harbor Bankshares Pink Sheet Return Volatility
Harbor Bankshares historical daily return volatility represents how much of Harbor Bankshares pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 2.2025% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7777% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Harbor Bankshares Volatility
Volatility is a rate at which the price of Harbor Bankshares or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Harbor Bankshares may increase or decrease. In other words, similar to Harbor's beta indicator, it measures the risk of Harbor Bankshares and helps estimate the fluctuations that may happen in a short period of time. So if prices of Harbor Bankshares fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Harbor Bankshares Corporation provides various banking services in Maryland. Harbor Bankshares Corporation was founded in 1982 and is based in Baltimore, Maryland. Harbor Bankshares operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 77 people.
Harbor Bankshares' stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Harbor Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Harbor Bankshares' price varies over time.
3 ways to utilize Harbor Bankshares' volatility to invest better
Higher Harbor Bankshares' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Harbor Bankshares stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Harbor Bankshares stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Harbor Bankshares investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Harbor Bankshares' stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Harbor Bankshares' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Harbor Bankshares Investment Opportunity
Harbor Bankshares has a volatility of 2.2 and is 2.82 times more volatile than Dow Jones Industrial. 19 percent of all equities and portfolios are less risky than Harbor Bankshares. You can use Harbor Bankshares to protect your portfolios against small market fluctuations. The pink sheet experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Harbor Bankshares to be traded at $13.44 in 90 days.Good diversification
The correlation between Harbor Bankshares and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Harbor Bankshares and DJI in the same portfolio, assuming nothing else is changed.
Harbor Bankshares Additional Risk Indicators
The analysis of Harbor Bankshares' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Harbor Bankshares' investment and either accepting that risk or mitigating it. Along with some common measures of Harbor Bankshares pink sheet's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.091 | |||
| Market Risk Adjusted Performance | (1.01) | |||
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.18 | |||
| Downside Deviation | 3.64 | |||
| Coefficient Of Variation | 911.23 | |||
| Standard Deviation | 2.45 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Harbor Bankshares Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Harbor Bankshares as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Harbor Bankshares' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Harbor Bankshares' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Harbor Bankshares.
Other Information on Investing in Harbor Pink Sheet
Harbor Bankshares financial ratios help investors to determine whether Harbor Pink Sheet 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 Bankshares security.