Harvest Tech Achievers Etf Performance
| HTA Etf | CAD 17.38 0.36 2.12% |
The etf retains a Market Volatility (i.e., Beta) of 0.94, which attests to possible diversification benefits within a given portfolio. Harvest Tech returns are very sensitive to returns on the market. As the market goes up or down, Harvest Tech is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Harvest Tech Achievers has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
1 | Stock Market Analysis - Stock Traders Daily | 02/14/2025 |
2 | Technical Pivots with Risk Controls - Stock Traders Daily | 02/24/2025 |
3 | Investment Performance Report - Stock Traders Daily | 03/14/2025 |
4 | Where are the Opportunities in - Stock Traders Daily | 03/19/2025 |
5 | Equity Trading Insights - Stock Traders Daily | 03/24/2025 |
Harvest |
Harvest Tech Relative Risk vs. Return Landscape
If you would invest 1,870 in Harvest Tech Achievers on December 25, 2024 and sell it today you would lose (132.00) from holding Harvest Tech Achievers or give up 7.06% of portfolio value over 90 days. Harvest Tech Achievers is producing return of less than zero assuming 1.4299% volatility of returns over the 90 days investment horizon. Simply put, 12% of all etfs have less volatile historical return distribution than Harvest Tech, 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 Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Tech's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Tech Achievers, and traders can use it to determine the average amount a Harvest Tech'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 = -0.0782
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HTA |
Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harvest Tech 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 Tech by adding Harvest Tech to a well-diversified portfolio.
Harvest Tech Fundamentals Growth
Harvest Etf prices reflect investors' perceptions of the future prospects and financial health of Harvest Tech, and Harvest Tech 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 | 60.95 M | |||
About Harvest Tech Performance
By examining Harvest Tech's fundamental ratios, stakeholders can obtain critical insights into Harvest Tech'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 Tech 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 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.| Harvest Tech generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Equity Trading Insights - Stock Traders Daily | |
| The fund retains 96.09% of its assets under management (AUM) in equities |
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.