Harvest Healthcare Financials
| HHL-B Etf | CAD 9.42 0.05 0.53% |
Harvest |
The data published in Harvest Healthcare's official financial statements typically reflect Harvest Healthcare's 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 Harvest Healthcare's quantitative information. For example, before you start analyzing numbers published by Harvest accountants, it's essential to understand Harvest Healthcare's liquidity, profitability, and earnings quality within the context of the Harvest Portfolios Group Inc. space in which it operates.
Please note, the imprecision that can be found in Harvest Healthcare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Harvest Healthcare Leaders. Check Harvest Healthcare's Beneish M Score to see the likelihood of Harvest Healthcare's management manipulating its earnings.
Harvest Healthcare Etf Summary
Harvest Healthcare competes with Harvest Premium, Harvest Balanced, Harvest Energy, Harvest Microsoft, and Harvest Equal. HARVEST HEALTHCARE is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA41755F3051 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Harvest Portfolios Group Inc. |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
You should never invest in Harvest Healthcare without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Harvest Etf, because this is throwing your money away. Analyzing the key information contained in Harvest Healthcare's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Harvest Healthcare Key Financial Ratios
Harvest Healthcare's financial ratios allow both analysts and investors to convert raw data from Harvest Healthcare's financial statements into concise, actionable information that can be used to evaluate the performance of Harvest Healthcare over time and compare it to other companies across industries.Harvest Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Harvest Healthcare's current stock value. Our valuation model uses many indicators to compare Harvest Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harvest Healthcare competition to find correlations between indicators driving Harvest Healthcare's intrinsic value. More Info.Harvest Healthcare Leaders is rated # 3 ETF in beta as compared to similar ETFs. It is rated # 2 ETF in one year return as compared to similar ETFs reporting about 30.50 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Harvest Healthcare's earnings, one of the primary drivers of an investment's value.Harvest Healthcare Systematic Risk
Harvest Healthcare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harvest Healthcare 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Harvest Healthcare correlated with the market. If Beta is less than 0 Harvest Healthcare generally moves in the opposite direction as compared to the market. If Harvest Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harvest Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harvest Healthcare is generally in the same direction as the market. If Beta > 1 Harvest Healthcare moves generally in the same direction as, but more than the movement of the benchmark.
Harvest Healthcare December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harvest Healthcare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harvest Healthcare Leaders. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harvest Healthcare Leaders based on widely used predictive technical indicators. In general, we focus on analyzing Harvest Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harvest Healthcare's daily price indicators and compare them against related drivers.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 4.06 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 0.9494 |
Other Information on Investing in Harvest Etf
Harvest Healthcare financial ratios help investors to determine whether Harvest 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 Harvest with respect to the benefits of owning Harvest Healthcare security.