Harvest Premium Yield Etf Market Value

HPYT Etf   9.71  0.03  0.31%   
Harvest Premium's market value is the price at which a share of Harvest Premium trades on a public exchange. It measures the collective expectations of Harvest Premium Yield investors about its performance. Harvest Premium is selling at 9.71 as of the 15th of March 2025; that is 0.31% down since the beginning of the trading day. The etf's open price was 9.74.
With this module, you can estimate the performance of a buy and hold strategy of Harvest Premium Yield and determine expected loss or profit from investing in Harvest Premium over a given investment horizon. Check out Harvest Premium Correlation, Harvest Premium Volatility and Harvest Premium Alpha and Beta module to complement your research on Harvest Premium.
Symbol

Please note, there is a significant difference between Harvest Premium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harvest Premium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harvest Premium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Harvest Premium 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Harvest Premium's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Harvest Premium.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Harvest Premium on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Harvest Premium Yield or generate 0.0% return on investment in Harvest Premium over 90 days. Harvest Premium is related to or competes with Harvest Balanced, Harvest MicroStrategy, Harvest Meta, Harvest Diversified, and Harvest Energy. Harvest Premium is entity of Canada. It is traded as Etf on TO exchange. More

Harvest Premium Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Harvest Premium's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Harvest Premium Yield upside and downside potential and time the market with a certain degree of confidence.

Harvest Premium Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Premium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harvest Premium's standard deviation. In reality, there are many statistical measures that can use Harvest Premium historical prices to predict the future Harvest Premium's volatility.
Hype
Prediction
LowEstimatedHigh
9.019.7110.41
Details
Intrinsic
Valuation
LowRealHigh
8.969.6610.36
Details
Naive
Forecast
LowNextHigh
8.939.6310.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.169.569.95
Details

Harvest Premium Yield Backtested Returns

As of now, Harvest Etf is very steady. Harvest Premium Yield holds Efficiency (Sharpe) Ratio of 0.013, which attests that the entity had a 0.013 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Harvest Premium Yield, which you can use to evaluate the volatility of the entity. Please check out Harvest Premium's Standard Deviation of 0.7165, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (0.41) to validate if the risk estimate we provide is consistent with the expected return of 0.0091%. The etf retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Harvest Premium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Premium is expected to be smaller as well.

Auto-correlation

    
  -0.27  

Weak reverse predictability

Harvest Premium Yield has weak reverse predictability. Overlapping area represents the amount of predictability between Harvest Premium time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Harvest Premium Yield price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Harvest Premium price fluctuation can be explain by its past prices.
Correlation Coefficient-0.27
Spearman Rank Test-0.22
Residual Average0.0
Price Variance0.02

Harvest Premium Yield lagged returns against current returns

Autocorrelation, which is Harvest Premium etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Harvest Premium's etf expected returns. We can calculate the autocorrelation of Harvest Premium returns to help us make a trade decision. For example, suppose you find that Harvest Premium has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Harvest Premium regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Harvest Premium etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harvest Premium etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harvest Premium etf over time.
   Current vs Lagged Prices   
       Timeline  

Harvest Premium Lagged Returns

When evaluating Harvest Premium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harvest Premium etf have on its future price. Harvest Premium autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Harvest Premium autocorrelation shows the relationship between Harvest Premium etf current value and its past values and can show if there is a momentum factor associated with investing in Harvest Premium Yield.
   Regressed Prices   
       Timeline  

Other Information on Investing in Harvest Etf

Harvest Premium 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 Premium security.