Harbor ETF Total Risk Alpha
| EBIT Etf | | | 34.75 0.00 0.00% |
The Total Risk Alpha calculation for Harbor ETF draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Portfolio design and allocation context appear in
Investing Opportunities. Portfolio-level transparency adds depth to allocation analysis. This suggests a position in Harbor ETF Trust. The position sits inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Harbor ETF Trust has current Total Risk Alpha of 0.097. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.097 | |
| ER[a] | = | Expected return on investing in Harbor ETF |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Harbor ETF |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Harbor ETF Trust is rated
below average in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
52.87 of Maximum Drawdown per Total Risk Alpha. For Harbor ETF Trust, Maximum Drawdown stands at
52.87 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Harbor ETF to Peers
Other Technical Indicators