Harvest Tech Ownership
| HTA Etf | CAD 17.02 0.06 0.35% |
Harvest |
Harvest Etf Ownership Analysis
The fund generated five year return of 23.0%. Harvest Tech Achievers retains 96.09% of assets under management (AUM) in equities. This fund last dividend was 0.0583 per share. 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. To learn more about Harvest Tech Achievers call the company at 866-998-8298.Top Etf Constituents
| MU | Micron Technology | Stock | |
| TXN | Texas Instruments Incorporated | Stock | |
| INTU | Intuit Inc | Stock | |
| NVDA | NVIDIA | Stock | |
| ADBE | Adobe Systems Incorporated | Stock | |
| CSCO | Cisco Systems | Stock | |
| AAPL | Apple Inc | Stock | |
| META | Meta Platforms | Stock | |
| ORCL | Oracle | Stock | |
| AVGO | Broadcom | Stock |
Harvest Tech Outstanding Bonds
Harvest Tech issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Harvest Tech Achievers uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Harvest bonds can be classified according to their maturity, which is the date when Harvest Tech Achievers has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Pair Trading with Harvest Tech
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 Tech 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 Tech will appreciate offsetting losses from the drop in the long position's value.Moving together with Harvest Etf
| 0.65 | ZUH | BMO Equal Weight | PairCorr |
| 0.72 | XIT | iShares SPTSX Capped | PairCorr |
| 0.8 | HMMJ | Global X Marijuana | PairCorr |
Moving against Harvest Etf
| 0.79 | HUN | Global X Natural | PairCorr |
| 0.75 | ZWU | BMO Covered Call | PairCorr |
| 0.6 | ZUT | BMO Equal Weight | PairCorr |
| 0.57 | FHE | First Trust Indxx | PairCorr |
| 0.34 | XHC | iShares Global Healthcare | PairCorr |
The ability to find closely correlated positions to Harvest Tech 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 Tech 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 Tech - 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 Tech Achievers to buy it.
The correlation of Harvest Tech 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 Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harvest Tech Achievers 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 Tech 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 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.