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HIMGX Harbor Disruptive Innovation Inv Forecast, Technical & Fundamental Analysis

Category MidCapGrowth
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Advanced Micro Devices (NASDAQ:AMD), SERVICENOW (NYSE:NOW), Lam Research Corp (NASDAQ:LRCX), Shopify (NYSE:SHOP).

Industry description

The investment seeks long-term growth of capital. Under normal market conditions, the fund invests primarily in equity securities, principally common stocks, of companies selected based on their potential for growth tied to disruptive innovation. The managers define “disruptive innovation” as the development of new products, services, technologies and/or other advancements that could disrupt and displace existing businesses and business models over time. While the fund invests primarily in securities of U.S. companies, the fund may invest up to 25% of its assets in foreign securities, including those located in emerging market countries.

Market Cap

The average market capitalization across the Harbor Disruptive Innovation Inv MF is 680.54B. The market cap for tickers in the group ranges from 85.08B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is CDNS at 85.08B.

Volume

The average weekly volume growth across all stocks in the Harbor Disruptive Innovation Inv MF was -27%. For the same stocks of the MF, the average monthly volume growth was -19% and the average quarterly volume growth was -18%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 79
P/E Growth Rating: 60
Price Growth Rating: 43
SMR Rating: 47
Profit Risk Rating: 26
Seasonality Score: -59 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category MidCapGrowth

Profile
Fundamentals
Details
Category
Mid-Cap Growth
Address
Harbor Funds111 South Wacker Drive,34th FloorChicago
Phone
N/A
Web
www.harborfunds.com
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HIMGX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, HIMGX has been closely correlated with FSMAX. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if HIMGX jumps, then FSMAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HIMGX
1D Price
Change %
HIMGX100%
-0.23%
FSMAX - HIMGX
90%
Closely correlated
+0.04%
TRQZX - HIMGX
82%
Closely correlated
-0.08%
RPTIX - HIMGX
82%
Closely correlated
-0.07%
RPMGX - HIMGX
82%
Closely correlated
-0.08%
PAMCX - HIMGX
81%
Closely correlated
-0.08%
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