Harvest Tech Financials
| HTA Etf | CAD 17.86 0.56 3.04% |
3 y Sharp Ratio 0.49 |
Harvest |
The data published in Harvest Tech's official financial statements typically reflect Harvest Tech'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 Tech's quantitative information. For example, before you start analyzing numbers published by Harvest accountants, it's essential to understand Harvest Tech's liquidity, profitability, and earnings quality within the context of the Harvest Portfolios Group Inc. space in which it operates.
Harvest Tech Etf Summary
Harvest Tech competes with Harvest Brand, Harvest Healthcare, Harvest Equal, Harvest Diversified, and First Asset. The ETFs investment objective is to provide Unitholders with the opportunity for capital appreciation monthly cash distributions and lower overall volatility of the portfolio returns than would otherwise be experienced by owning Equity Securities of Technology Achievers directly. HARVEST TECH is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA41755D1024 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Harvest Portfolios Group Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 998 8298 |
| Currency | CAD - Canadian Dollar |
You should never invest in Harvest Tech 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 Tech's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Harvest Tech Key Financial Ratios
Harvest Tech's financial ratios allow both analysts and investors to convert raw data from Harvest Tech's financial statements into concise, actionable information that can be used to evaluate the performance of Harvest Tech over time and compare it to other companies across industries.| Beta | 1.52 | |||
| Last Dividend Paid | 0.0583 |
Harvest Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Harvest Tech's current stock value. Our valuation model uses many indicators to compare Harvest Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harvest Tech competition to find correlations between indicators driving Harvest Tech's intrinsic value. More Info.Harvest Tech Achievers is rated # 2 ETF in beta as compared to similar ETFs. It is one of the top ETFs in one year return as compared to similar ETFs reporting about 8.22 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Harvest Tech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Harvest Tech's 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.Harvest Tech Achievers Systematic Risk
Harvest Tech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harvest Tech 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Harvest Tech Achievers correlated with the market. If Beta is less than 0 Harvest Tech generally moves in the opposite direction as compared to the market. If Harvest Tech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harvest Tech Achievers is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harvest Tech is generally in the same direction as the market. If Beta > 1 Harvest Tech moves generally in the same direction as, but more than the movement of the benchmark.
Harvest Tech February 27, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harvest Tech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harvest Tech Achievers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harvest Tech Achievers 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 Tech's daily price indicators and compare them against related drivers.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.77 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.43 |
Other Information on Investing in Harvest Etf
Harvest Tech 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 Tech security.