Harvest Healthcare Leaders Etf Price on October 22, 2024
HHL Etf | CAD 8.18 0.01 0.12% |
Below is the normalized historical share price chart for Harvest Healthcare Leaders extending back to December 18, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Harvest Healthcare stands at 8.18, as last reported on the 1st of December, with the highest price reaching 8.20 and the lowest price hitting 8.14 during the day.
If you're considering investing in Harvest Etf, it is important to understand the factors that can impact its price. Harvest Healthcare holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Harvest Healthcare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Harvest Healthcare's Standard Deviation of 0.6, risk adjusted performance of (0.11), and Market Risk Adjusted Performance of (0.41) to validate the risk estimate we provide.
Harvest Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.1 | 200 Day MA 8.4348 | 1 y Volatility 12.16 | 50 Day MA 8.4367 | Inception Date 2014-12-18 |
Harvest |
Sharpe Ratio = -0.1511
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | HHL |
Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harvest Healthcare is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Harvest Healthcare by adding Harvest Healthcare to a well-diversified portfolio.
Average Mkt Cap Mil 246.8 K |
Harvest Healthcare Valuation on October 22, 2024
It is possible to determine the worth of Harvest Healthcare on a given historical date. On October 22, 2024 Harvest was worth 8.45 at the beginning of the trading date compared to the closed value of 8.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harvest Healthcare etf. Still, in general, we apply an absolute valuation method to find Harvest Healthcare's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harvest Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harvest Healthcare's related companies.
Open | High | Low | Close | Volume | |
8.59 | 8.59 | 8.48 | 8.49 | 244,465 | |
10/22/2024 | 8.45 | 8.46 | 8.42 | 8.46 | 171,378 |
8.46 | 8.46 | 8.36 | 8.41 | 287,962 |
Backtest Harvest Healthcare | | | Harvest Healthcare History | | | Harvest Healthcare Valuation | Previous | Next |
Harvest Healthcare Trading Date Momentum on October 22, 2024
On October 23 2024 Harvest Healthcare Leaders was traded for 8.41 at the closing time. The maximum traded price for the trading interval was 8.46 and the lowest daily price was 8.36 . The daily volume was recorded at 288 K. The volume of trading on 23rd of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.59% . The trading delta at closing time to the closing price today is 2.36% . |
Harvest Healthcare Fundamentals Correlations and Trends
By evaluating Harvest Healthcare's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Harvest Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Harvest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Harvest Healthcare Etf history
Harvest Healthcare investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Harvest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harvest Healthcare will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Harvest Healthcare stock prices may prove useful in developing a viable investing in Harvest Healthcare
The ETFs investment objective is to provide Unitholders with the opportunity for capital appreciation monthly cash distributions and lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the Healthcare Leaders directly. HARVEST HEALTHCARE is traded on Toronto Stock Exchange in Canada.
Harvest Healthcare Etf Technical Analysis
Harvest Healthcare technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Harvest Healthcare Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Harvest Healthcare Leaders cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Harvest Healthcare December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Harvest Healthcare etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harvest Healthcare shares will generate the highest return on investment. By undertsting and applying Harvest Healthcare etf market strength indicators, traders can identify Harvest Healthcare Leaders entry and exit signals to maximize returns
Harvest Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Harvest Healthcare's price direction in advance. Along with the technical and fundamental analysis of Harvest Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harvest to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.11) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.42) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.