Harvest Energy Leaders Etf Performance
| HPF-U Etf | USD 3.77 0.00 0.00% |
The etf retains a Market Volatility (i.e., Beta) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harvest Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Energy is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Harvest Energy Leaders has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the exchange-traded fund private investors. ...more
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Harvest Energy Relative Risk vs. Return Landscape
If you would invest 411.00 in Harvest Energy Leaders on October 7, 2024 and sell it today you would lose (34.00) from holding Harvest Energy Leaders or give up 8.27% of portfolio value over 90 days. Harvest Energy Leaders is generating negative expected returns and assumes 1.2525% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than Harvest, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Harvest Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Energy's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Energy Leaders, and traders can use it to determine the average amount a Harvest Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1147
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| Negative Returns | HPF-U |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harvest Energy 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 Energy by adding Harvest Energy to a well-diversified portfolio.
Harvest Energy Fundamentals Growth
Harvest Etf prices reflect investors' perceptions of the future prospects and financial health of Harvest Energy, and Harvest Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Harvest Etf performance.
About Harvest Energy Performance
Assessing Harvest Energy's fundamental ratios provides investors with valuable insights into Harvest Energy's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Harvest Energy is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The ETFs investment objective is to provide Unitholders with monthly cash distributions the opportunity for capital appreciation and lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the Energy Leaders directly. HARVEST ENERGY is traded on Toronto Stock Exchange in Canada.| Harvest Energy generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Harvest Energy Leaders retains 98.85% of its assets under management (AUM) in equities |
Other Information on Investing in Harvest Etf
Harvest Energy 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 Energy security.