Harbor Vertible Securities Fund Price on March 13, 2024
| HACSX Fund | USD 10.47 0.07 0.67% |
Below is the normalized historical share price chart for Harbor Vertible Securities extending back to May 02, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Harbor Convertible stands at 10.47, as last reported on the 5th of May, with the highest price reaching 10.47 and the lowest price hitting 10.47 during the day.
If you're considering investing in Harbor Mutual Fund, it is important to understand the factors that can impact its price. We consider Harbor Convertible very steady. Harbor Vertible Secu holds Efficiency (Sharpe) Ratio of 0.0606, which attests that the entity had a 0.0606% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Harbor Vertible Secu, which you can use to evaluate the volatility of the entity. Please check out Harbor Convertible's Risk Adjusted Performance of 0.0323, market risk adjusted performance of 0.0406, and Downside Deviation of 0.6292 to validate if the risk estimate we provide is consistent with the expected return of 0.0331%.
Harbor Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Harbor |
Sharpe Ratio = 0.0606
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| Negative Returns | HACSX |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Harbor Convertible is performing at about 4% 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 Valuation on March 13, 2024
It is possible to determine the worth of Harbor Convertible on a given historical date. On March 13, 2024 Harbor was worth 10.66 at the beginning of the trading date compared to the closed value of 10.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harbor Convertible mutual fund. Still, in general, we apply an absolute valuation method to find Harbor Convertible's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harbor Convertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harbor Convertible's related companies.
| Open | High | Low | Close | Volume | |
| 10.64 | 10.64 | 10.55 | 10.55 | 1.00 | |
03/13/2024 | 10.66 | 10.66 | 10.57 | 10.57 | 1.00 |
| 10.58 | 10.58 | 10.49 | 10.49 | 1.00 |
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Harbor Convertible Trading Date Momentum on March 13, 2024
| On March 14 2024 Harbor Vertible Securities was traded for 10.49 at the closing time. The highest daily price throughout the period was 10.58 and the lowest price was 10.49 . There was no trading activity during the period 1.0. Lack of trading volume on 03/14/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.76% . The trading delta at closing time to current closing price is 1.51% . |
Harbor Vertible Secu Fundamentals Correlations and Trends
By evaluating Harbor Convertible's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Harbor Convertible's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Harbor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Harbor Convertible Mutual Fund history
Harbor Convertible investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Harbor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harbor Vertible Secu will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Harbor Convertible stock prices may prove useful in developing a viable investing in Harbor Convertible
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.
Harbor Convertible Mutual Fund Technical Analysis
Harbor Convertible technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Harbor Convertible Period Price Range
Low | March 13, 2024
| High |
10.66 | 10.57 |
Harbor Convertible May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Harbor Convertible mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harbor Convertible shares will generate the highest return on investment. By undertsting and applying Harbor Convertible mutual fund market strength indicators, traders can identify Harbor Vertible Securities entry and exit signals to maximize returns
Harbor Convertible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Harbor Convertible's price direction in advance. Along with the technical and fundamental analysis of Harbor Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harbor to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0323 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0306 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harbor Vertible Securities. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.