Harvest Energy Beta vs. Equity Positions Weight
| HPF-U Etf | USD 3.98 0.01 0.25% |
For Harvest Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harvest Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harvest Energy Leaders utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harvest Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harvest Energy Leaders over time as well as its relative position and ranking within its peers.
Harvest |
Harvest Energy Leaders Equity Positions Weight vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harvest Energy's current stock value. Our valuation model uses many indicators to compare Harvest Energy value to that of its competitors to determine the firm's financial worth. Harvest Energy Leaders is rated # 2 ETF in beta as compared to similar ETFs. It also is rated # 2 ETF in equity positions weight as compared to similar ETFs making about 137.29 of Equity Positions Weight per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Harvest Energy's earnings, one of the primary drivers of an investment's value.Harvest Equity Positions Weight vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Harvest Energy |
| = | 0.72 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Harvest Energy |
| = | 98.85 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Beta Analysis
As returns on the market increase, Harvest Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Energy is expected to be smaller as well.
Harvest Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Harvest Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harvest Energy will eventually generate negative long term returns. The profitability progress is the general direction of Harvest Energy's change in net profit over the period of time. It can combine multiple indicators of Harvest Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The ETFs investment objective is to provide Unitholders 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 Energy Leaders directly. HARVEST ENERGY is traded on Toronto Stock Exchange in Canada.
Harvest Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harvest Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Harvest Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Harvest Energy's important profitability drivers and their relationship over time.
Use Harvest Energy in pair-trading
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 Energy 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 Energy will appreciate offsetting losses from the drop in the long position's value.Harvest Energy Pair Trading
Harvest Energy Leaders Pair Trading Analysis
The ability to find closely correlated positions to Harvest Energy 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 Energy 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 Energy - 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 Energy Leaders to buy it.
The correlation of Harvest Energy 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 Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harvest Energy Leaders 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 Energy 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.Use Investing Themes to Complement your Harvest Energy position
In addition to having Harvest Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Real Estate Thematic Idea Now
Real Estate
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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Other Information on Investing in Harvest Etf
To fully project Harvest Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harvest Energy Leaders at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Harvest Energy's income statement, its balance sheet, and the statement of cash flows.