Harvest Tech Achievers Etf Performance
| HTA Etf | CAD 19.20 0.01 0.05% |
The etf retains a Market Volatility (i.e., Beta) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harvest Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Tech is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Harvest Tech Achievers are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Harvest Tech may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Harvest ETFs Wins the 2024 LSEG Lipper Award for HTA.B and HTA.U Harvest Tech Achievers Growth Income ETF - Business Wire | 11/07/2024 |
| In Threey Sharp Ratio | 0.39 |
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Harvest Tech Relative Risk vs. Return Landscape
If you would invest 1,749 in Harvest Tech Achievers on September 1, 2024 and sell it today you would earn a total of 171.00 from holding Harvest Tech Achievers or generate 9.78% return on investment over 90 days. Harvest Tech Achievers is generating 0.1536% of daily returns assuming 1.0541% volatility of returns over the 90 days investment horizon. Simply put, 9% of all etfs have less volatile historical return distribution than Harvest Tech, and 97% 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 Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Tech's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Tech Achievers, and traders can use it to determine the average amount a Harvest Tech'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 = 0.1458
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Harvest Tech is performing at about 11% of its full potential. 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 Tech by adding it to a well-diversified portfolio.
Harvest Tech Fundamentals Growth
Harvest Etf prices reflect investors' perceptions of the future prospects and financial health of Harvest Tech, and Harvest Tech 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.
| Total Asset | 60.95 M | |||
About Harvest Tech Performance
By examining Harvest Tech's fundamental ratios, stakeholders can obtain critical insights into Harvest Tech's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Harvest Tech is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.| Latest headline from news.google.com: Harvest ETFs Wins the 2024 LSEG Lipper Award for HTA.B and HTA.U Harvest Tech Achievers Growth Income ETF - Business Wire | |
| The fund retains 96.09% of its assets under management (AUM) in equities |
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.