Harvest Microsoft Enhanced Etf Market Value
| MSHE Etf | 11.05 0.12 1.10% |
| Symbol | Harvest |
Harvest Microsoft '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 Microsoft'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 Microsoft.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in Harvest Microsoft on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Harvest Microsoft Enhanced or generate 0.0% return on investment in Harvest Microsoft over 60 days. Harvest Microsoft is related to or competes with Harvest Premium, Harvest Balanced, Harvest Meta, Harvest Diversified, and Harvest Energy. Harvest Microsoft is entity of Canada. It is traded as Etf on TO exchange. More
Harvest Microsoft 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 Microsoft'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 Microsoft Enhanced upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.5 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.63 |
Harvest Microsoft Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Microsoft's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harvest Microsoft's standard deviation. In reality, there are many statistical measures that can use Harvest Microsoft historical prices to predict the future Harvest Microsoft's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 6.0E-4 | |||
| Treynor Ratio | (0.13) |
Harvest Microsoft Backtested Returns
Harvest Microsoft holds Efficiency (Sharpe) Ratio of -0.0639, which attests that the entity had a -0.0639 % return per unit of risk over the last 3 months. Harvest Microsoft exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Harvest Microsoft's Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.12), and Standard Deviation of 1.56 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harvest Microsoft's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Microsoft is expected to be smaller as well.
Auto-correlation | -0.62 |
Very good reverse predictability
Harvest Microsoft Enhanced has very good reverse predictability. Overlapping area represents the amount of predictability between Harvest Microsoft time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 Microsoft price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Harvest Microsoft price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Harvest Microsoft lagged returns against current returns
Autocorrelation, which is Harvest Microsoft 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 Microsoft's etf expected returns. We can calculate the autocorrelation of Harvest Microsoft returns to help us make a trade decision. For example, suppose you find that Harvest Microsoft 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 Microsoft 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 Microsoft etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harvest Microsoft etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harvest Microsoft etf over time.
Current vs Lagged Prices |
| Timeline |
Harvest Microsoft Lagged Returns
When evaluating Harvest Microsoft's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harvest Microsoft etf have on its future price. Harvest Microsoft 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 Microsoft autocorrelation shows the relationship between Harvest Microsoft etf current value and its past values and can show if there is a momentum factor associated with investing in Harvest Microsoft Enhanced.
Regressed Prices |
| Timeline |
Pair Trading with Harvest Microsoft
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Harvest Microsoft position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Harvest Microsoft will appreciate offsetting losses from the drop in the long position's value.Moving against Harvest Etf
The ability to find closely correlated positions to Harvest Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Harvest Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Harvest Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Harvest Microsoft Enhanced to buy it.
The correlation of Harvest Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Harvest Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harvest Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Harvest Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Harvest Etf
Harvest Microsoft 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 Microsoft security.