Harbor Mutual Fund Manager Performance Evaluation

HACBX -  USA Fund  

USD 9.23  0.01  0.11%

The fund retains a Market Volatility (i.e., Beta) of 0.0214, which attests to not very significant fluctuations relative to the market. Let's try to break down what Harbor's beta means in this case. As returns on the market increase, Harbor Core returns are expected to increase less than the market. However, during the bear market, the loss on holding Harbor Core will be expected to be smaller as well. Even though it is essential to pay attention to Harbor Core Bond current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Harbor Core Bond exposes twenty-six different technical indicators, which can help you to evaluate its performance.
  
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Harbor Performance
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Over the last 90 days Harbor Core Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental drivers, Harbor Core is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
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Harbor Price Channel

Fifty Two Week Low9.08
Fifty Two Week High10.80
Annual Report Expense Ratio0.34%

Harbor Core Relative Risk vs. Return Landscape

If you would invest  969.00  in Harbor Core Bond on March 27, 2022 and sell it today you would lose (45.00)  from holding Harbor Core Bond or give up 4.64% of portfolio value over 90 days. Harbor Core Bond is currently producing negative expected returns and takes up 0.4739% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Harbor, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Harbor Core is expected to generate 0.33 times more return on investment than the market. However, the company is 3.03 times less risky than the market. It trades about -0.16 of its potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of risk.

Harbor Core Current Valuation

Fairly Valued
Today 9.23
Please note that Harbor Core's price fluctuation is very steady at this time.
Harbor Core Bond retains a regular Real Value of $9.28 per share. The prevalent price of the fund is $9.23. At this time, the entity appears to be fairly valued. We determine the value of Harbor Core Bond from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued assets and dropping overvalued assets since, at some point, stock prices and their ongoing real values will come together.
Our valuation method for Harbor Core Bond is useful when determining the fair value of the Harbor mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Harbor Core. Since Harbor Core is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Harbor Mutual Fund. However, Harbor Core's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
9.28
Real Value
9.75
Upside
Estimating the potential upside or downside of Harbor Core Bond helps investors to forecast how Harbor mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Harbor Core more accurately as focusing exclusively on Harbor Core's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.119.349.56
Details
Hype
Prediction
LowEstimated ValueHigh
8.769.239.70
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.230.230.24
Details

Harbor Core Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Harbor Core's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Harbor Core Bond, and traders can use it to determine the average amount a Harbor Core'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 = -0.1594

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Estimated Market Risk
 0.47
  actual daily
 
 4 %
of total potential
 
44
Expected Return
 -0.08
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.16
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Harbor Core is performing at about 0% 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 Core by adding it to a well-diversified portfolio.

About Harbor Core Performance

To evaluate Harbor Core Bond Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Harbor Core generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Harbor Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Harbor Core Bond stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Harbor's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in investment-grade fixed income securities of issuers located in the U.S. Harbor Core is traded on NASDAQ Exchange in the United States.

Things to note about Harbor Core Bond

Checking the ongoing alerts about Harbor Core for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Harbor Core Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Harbor Core Alerts

Equity Alerts and Improvement Suggestions

Harbor Core Bond generated a negative expected return over the last 90 days
Harbor Core Bond is unlikely to experience financial distress in the next 2 years
The fund retains about 97.38% of its assets under management (AUM) in fixed income securities
Please check Risk vs Return Analysis. Note that the Harbor Core Bond information on this page should be used as a complementary analysis to other Harbor Core'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Harbor Core Bond price analysis, check to measure Harbor Core's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harbor Core is operating at the current time. Most of Harbor Core's value examination focuses on studying past and present price action to predict the probability of Harbor Core's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Harbor Core's price. Additionally, you may evaluate how the addition of Harbor Core to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Harbor Core's value and its price as these two are different measures arrived at by different means. Investors typically determine Harbor Core value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Core'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.