Harbor Scientific is trading at 43.70 as of the 26th of July 2024. This is a 0.23 percent increase since the beginning of the trading day. The etf's open price was 43.6. Harbor Scientific has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Harbor Scientific Alpha are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2024 and ending today, the 26th of July 2024. Click here to learn more.
The fund invests primarily in fixed income instruments, including fixed income derivative instruments such as credit default swaps and U.S. Harbor Scientific is traded on NYSEARCA Exchange in the United States. The company has 11.77 M outstanding shares of which 43.7 K shares are at this time shorted by private and institutional investors with about 3.59 trading days to cover. More on Harbor Scientific Alpha
Benjamin Brodsky, Michael Harper, Benoy Thomas, Garth Flannery
Transfer Agent
State Street Bank and Trust Company
Fiscal Year End
31-Oct
Exchange
NYSE Arca, Inc.
Number of Constituents
168
Market Maker
Jane Street
Total Expense
0.5
Management Fee
0.5
Country Name
USA
Returns Y T D
2.83
Name
Harbor Scientific Alpha Income
Currency Code
USD
Open Figi
BBG011S2J3L1
1y Volatility
5.85
200 Day M A
42.8973
50 Day M A
43.1882
Code
SIFI
Updated At
25th of July 2024
Currency Name
US Dollar
Type
ETF
Harbor Scientific Alpha [SIFI] is traded in USA and was established 2021-09-14. The fund is listed under Multisector Bond category and is part of Harbor family. The entity is thematically classified as Broad Debt ETFs. Harbor Scientific Alpha at this time have 29.16 M in assets. , while the total return for the last year was 9.0%.
Harbor Scientific Alpha currently holds about 123.95 M in cash with 18.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13.
Check Harbor Scientific Probability Of Bankruptcy
Harbor Scientific Alpha Currency Exposure
Harbor Scientific Alpha holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Harbor Scientific will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Harbor Scientific Alpha.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Harbor Scientific. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Additional Information and Resources on Investing in Harbor Etf
When determining whether Harbor Scientific Alpha offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harbor Scientific's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Harbor Scientific Alpha Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Harbor Scientific Alpha Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Harbor Scientific Alpha. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Harbor Scientific Alpha 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 Scientific's value that differs from its market value or its book value, called intrinsic value, which is Harbor Scientific'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 Scientific's market value can be influenced by many factors that don't directly affect Harbor Scientific'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 Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harbor Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harbor Scientific'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.