Blockchain Technologies Financials
| HBLK Etf | CAD 21.17 0.44 2.12% |
3 y Sharp Ratio (0.20) |
Blockchain |
The data published in Blockchain Technologies' official financial statements typically reflect Blockchain Technologies' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Blockchain Technologies' quantitative information. For example, before you start analyzing numbers published by Blockchain accountants, it's essential to understand Blockchain Technologies' liquidity, profitability, and earnings quality within the context of the Harvest Portfolios Group Inc. space in which it operates.
Blockchain Technologies Etf Summary
Blockchain Technologies competes with IShares Canadian, PHN Multi, Global X, Altagas Cum, and EcoSynthetix. The Harvest ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index. BLOCKCHAIN TECHNOLOGIES is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA09369T1021 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Harvest Portfolios Group Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 416 649 4541 |
| Currency | CAD - Canadian Dollar |
You should never invest in Blockchain Technologies without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Blockchain Etf, because this is throwing your money away. Analyzing the key information contained in Blockchain Technologies' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Blockchain Technologies Key Financial Ratios
Blockchain Technologies' financial ratios allow both analysts and investors to convert raw data from Blockchain Technologies' financial statements into concise, actionable information that can be used to evaluate the performance of Blockchain Technologies over time and compare it to other companies across industries.Blockchain Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Blockchain Technologies's current stock value. Our valuation model uses many indicators to compare Blockchain Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blockchain Technologies competition to find correlations between indicators driving Blockchain Technologies's intrinsic value. More Info.Blockchain Technologies ETF is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 29.45 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Blockchain Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Blockchain Technologies' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Blockchain Technologies Systematic Risk
Blockchain Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Blockchain Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Blockchain Technologies correlated with the market. If Beta is less than 0 Blockchain Technologies generally moves in the opposite direction as compared to the market. If Blockchain Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blockchain Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blockchain Technologies is generally in the same direction as the market. If Beta > 1 Blockchain Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Blockchain Technologies November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Blockchain Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Blockchain Technologies ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blockchain Technologies ETF based on widely used predictive technical indicators. In general, we focus on analyzing Blockchain Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blockchain Technologies's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.1205 | |||
| Maximum Drawdown | 19.24 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.84 |
Other Information on Investing in Blockchain Etf
Blockchain Technologies financial ratios help investors to determine whether Blockchain Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blockchain with respect to the benefits of owning Blockchain Technologies security.