Harvest Energy Valuation
HPF-U Etf | USD 3.94 0.02 0.51% |
At this time, the entity appears to be fairly valued. Harvest Energy Leaders retains a regular Real Value of $3.9 per share. The prevalent price of the entity is $3.94. Our model calculates the value of Harvest Energy Leaders from evaluating the entity fundamentals such as One Year Return of (17.18) %, beta of 0.71, and Equity Positions Weight of 98.85 % as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Harvest Energy's price fluctuation is somewhat reliable at this time. Calculation of the real value of Harvest Energy Leaders is based on 3 months time horizon. Increasing Harvest Energy's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Harvest Energy's intrinsic value may or may not be the same as its current market price of 3.94, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 3.94 | Real 3.9 | Hype 3.94 |
The intrinsic value of Harvest Energy's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Harvest Energy's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Harvest Energy Leaders helps investors to forecast how Harvest etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Harvest Energy more accurately as focusing exclusively on Harvest Energy's fundamentals will not take into account other important factors: About Harvest Energy Valuation
The etf valuation mechanism determines Harvest Energy's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Harvest Energy Leaders based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harvest Energy. We calculate exposure to Harvest Energy's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Harvest Energy's related companies.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.
Other Information on Investing in Harvest Etf
Harvest Energy 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 Energy security.