Harvest Brand Leaders Etf Performance
| HBF Etf | CAD 9.82 0.09 0.92% |
The etf retains a Market Volatility (i.e., Beta) of 0.46, which attests to possible diversification benefits within a given portfolio. 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 very healthy technical and fundamental indicators, Harvest Brand is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Harvest |
Harvest Brand Relative Risk vs. Return Landscape
If you would invest 1,013 in Harvest Brand Leaders on December 25, 2024 and sell it today you would lose (31.00) from holding Harvest Brand Leaders or give up 3.06% of portfolio value over 90 days. Harvest Brand Leaders is producing return of less than zero assuming 0.7939% volatility of returns over the 90 days investment horizon. Simply put, 7% of all etfs have less volatile historical return distribution than Harvest Brand, and 99% 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 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 = -0.0613
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HBF |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 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.
| Total Asset | 101.62 M | |||
About Harvest Brand Performance
By examining Harvest Brand's fundamental ratios, stakeholders can obtain critical insights into Harvest Brand'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 Brand 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 holders of Units with monthly cash distributions the opportunity for capital appreciation and lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the Brand Leaders directly. HARVEST BRAND is traded on Toronto Stock Exchange in Canada.| Harvest Brand generated a negative expected return over the last 90 days | |
| The fund retains 98.4% 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.