Harding Loevner Global Fund Price on May 7, 2024
| HLMVX Fund | USD 41.22 0.23 0.56% |
Below is the normalized historical share price chart for Harding Loevner Global extending back to November 02, 2009. 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 Harding Loevner stands at 41.22, as last reported on the 3rd of June, with the highest price reaching 41.22 and the lowest price hitting 41.22 during the day.
If you're considering investing in Harding Mutual Fund, it is important to understand the factors that can impact its price. We consider Harding Loevner very steady. Harding Loevner Global holds Efficiency (Sharpe) Ratio of 0.0141, which attests that the entity had a 0.0141% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Harding Loevner Global, which you can use to evaluate the volatility of the entity. Please check out Harding Loevner's Downside Deviation of 0.8942, market risk adjusted performance of 0.0104, and Risk Adjusted Performance of 0.0102 to validate if the risk estimate we provide is consistent with the expected return of 0.0113%.
Harding Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Harding |
Sharpe Ratio = 0.0141
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| Negative Returns | HLMVX |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Harding Loevner is performing at about 1% 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 Harding Loevner by adding it to a well-diversified portfolio.
Harding Loevner Valuation on May 7, 2024
It is possible to determine the worth of Harding Loevner on a given historical date. On May 7, 2024 Harding was worth 41.19 at the beginning of the trading date compared to the closed value of 41.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harding Loevner mutual fund. Still, in general, we apply an absolute valuation method to find Harding Loevner'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 Harding Loevner where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harding Loevner's related companies.
| Open | High | Low | Close | Volume | |
| 41.13 | 41.13 | 41.13 | 41.13 | 1.00 | |
05/07/2024 | 41.19 | 41.19 | 41.19 | 41.19 | 1.00 |
| 41.28 | 41.28 | 41.28 | 41.28 | 1.00 |
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Harding Loevner Trading Date Momentum on May 7, 2024
| On May 08 2024 Harding Loevner Global was traded for 41.28 at the closing time. The highest daily price throughout the period was 41.28 and the lowest price was 41.28 . There was no trading activity during the period 1.0. Lack of trading volume on 05/08/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.22% . The trading delta at closing time to current closing price is 2.65% . |
Harding Loevner Global Fundamentals Correlations and Trends
By evaluating Harding Loevner'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 Harding Loevner's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Harding financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Harding Loevner Mutual Fund history
Harding Loevner 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 Harding is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harding Loevner Global 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 Harding Loevner stock prices may prove useful in developing a viable investing in Harding Loevner
The Portfolio invests in companies based in the United States and other developed markets, as well as in emerging and frontier markets. It normally holds investments across at least 15 countries. The Portfolio invests at least 80 percent of its net assets in common stocks, preferred stocks, rights and warrants issued by companies that are based both inside and outside the United States, securities convertible into such securities , and investment companies that invest in the types of securities in which the Portfolio would normally invest.
Harding Loevner Mutual Fund Technical Analysis
Harding Loevner 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
Harding Loevner Period Price Range
Low | May 7, 2024
| High |
41.19 | 41.19 |
Harding Loevner June 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Harding Loevner 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 Harding Loevner shares will generate the highest return on investment. By undertsting and applying Harding Loevner mutual fund market strength indicators, traders can identify Harding Loevner Global entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 41.19 | |||
| Day Typical Price | 41.19 | |||
| Period Momentum Indicator | 0.03 | |||
| Relative Strength Index | 55.33 |
Harding Loevner Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Harding Loevner's price direction in advance. Along with the technical and fundamental analysis of Harding Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harding 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 | 0.0102 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 4.0E-4 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harding Loevner Global. 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 real. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.