Harbor Mutual Fund Buy Hold or Sell Recommendation

HACSX -  USA Fund  

USD 10.06  0.03  0.30%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Harbor Convertible Securities is 'Cautious Hold'. Macroaxis provides Harbor Convertible buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HACSX positions. The advice algorithm takes into account all of Harbor Convertible's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Harbor Convertible's buy-and-hold perspective. Please check Harbor Convertible Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Harbor and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Harbor Convertible Securities.

Execute Harbor Convertible Buy or Sell Advice

The Harbor recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Harbor Convertible Securities. Macroaxis does not own or have any residual interests in Harbor Convertible Securities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Harbor Convertible's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Harbor ConvertibleBuy Harbor Convertible
Cautious Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Harbor Convertible Securities has a Mean Deviation of 0.7332, Standard Deviation of 0.8996 and Variance of 0.8094
Our advice tool can cross-verify current analyst consensus on Harbor Convertible and to analyze the fund potential to grow in the current economic cycle. Please utilize Harbor Convertible Securities total asset and cash position weight to make buy, hold, or sell decision on Harbor Convertible.

Harbor Convertible Trading Alerts and Improvement Suggestions

Harbor Convertible generated a negative expected return over the last 90 days
Harbor Convertible is unlikely to experience financial distress in the next 2 years
The fund retains most of the assets under management (AUM) in different types of exotic instruments.

Harbor Convertible Returns Distribution Density

The distribution of Harbor Convertible's historical returns is an attempt to chart the future uncertainty of Harbor Convertible's future price movements. The chart of the probability distribution of Harbor Convertible stock daily returns describes the distribution of returns around its average expected value. We use Harbor Convertible Securities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Harbor Convertible returns is essential to provide solid investment advice for Harbor Convertible stock.
Mean Return-0.15Value At Risk-1.57
Potential Upside1.29Standard Deviation0.90
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Harbor Convertible historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Harbor Convertible Greeks

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 Convertible or Harbor 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 Convertible stock's price will be affected by overall stock 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 stock'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.
α
Alpha over DOW
-0.16
β
Beta against DOW0.0252
σ
Overall volatility
0.88
Ir
Information ratio -0.07

Harbor Convertible Volatility Alert

Harbor Convertible Securities exhibits very low volatility with skewness of -0.12 and kurtosis of -0.24. However, we advise investors to further study Harbor Convertible Securities technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Harbor Convertible's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Harbor Convertible's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Harbor Convertible Implied Volatility

Harbor Convertible's implied volatility exposes the market's sentiment of Harbor Convertible Securities stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Harbor Convertible's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Harbor Convertible stock will not fluctuate a lot when Harbor Convertible's options are near their expiration.

Harbor Convertible Fundamentals Vs Peers

Comparing Harbor Convertible's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Harbor Convertible's direct or indirect competition across all of the common fundamentals between Harbor Convertible and the related equities. This way, we can detect undervalued stocks with similar characteristics as Harbor Convertible or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Harbor Convertible's fundamental indicators could also be used in its relative valuation, which is a method of valuing Harbor Convertible by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Harbor Convertible to competition
FundamentalsHarbor ConvertiblePeer Average
One Year Return11.31 %4.15 %
Three Year Return7.50 %3.60 %
Five Year Return5.47 %3.24 %
Net Asset200.9 M4.11 B
Minimum Initial Investment1 K976.16 K
Cash Position Weight4.88 %10.61 %
Bond Positions Weight1.17 %11.24 %

About Harbor Convertible Buy or Sell Advice

When is the right time to buy or sell Harbor Convertible Securities? Buying financial instruments such as Harbor Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Harbor Convertible investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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In addition to having Harbor Convertible 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.

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Please check Harbor Convertible Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Harbor Convertible information on this page should be used as a complementary analysis to other Harbor Convertible's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Please note, there is a significant difference between Harbor Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine Harbor Convertible value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Convertible'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.