Harvest Brand Leaders Etf Performance
| HBF-B Etf | CAD 11.70 0.12 1.04% |
The etf retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Harvest Brand's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Brand is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Harvest Brand Leaders has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Harvest Brand is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Canada dodged tariffs for now - but these ETFs will offer protection from what may come next - The Globe and Mail | 01/20/2025 |
2 | Objective longshort Report - Stock Traders Daily | 03/19/2025 |
Harvest |
Harvest Brand Relative Risk vs. Return Landscape
If you would invest 1,178 in Harvest Brand Leaders on December 25, 2024 and sell it today you would lose (8.00) from holding Harvest Brand Leaders or give up 0.68% of portfolio value over 90 days. Harvest Brand Leaders is generating negative expected returns and assumes 0.6743% volatility on return distribution over the 90 days horizon. Simply put, 6% 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 |
| Risk |
Harvest Brand Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Brand's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Brand Leaders, and traders can use it to determine the average amount a Harvest Brand'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 = -0.0135
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HBF-B |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harvest Brand 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 Brand by adding Harvest Brand to a well-diversified portfolio.
Harvest Brand Fundamentals Growth
Harvest Etf prices reflect investors' perceptions of the future prospects and financial health of Harvest Brand, and Harvest Brand 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 Brand Performance
Assessing Harvest Brand's fundamental ratios provides investors with valuable insights into Harvest Brand's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Harvest Brand 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.
HARVEST BRAND is traded on Toronto Stock Exchange in Canada.| Harvest Brand generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily | |
| The fund retains 103.32% of its assets under management (AUM) in equities |
Other Information on Investing in Harvest Etf
Harvest Brand 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 Brand security.