Harvest Brand Financials
| HBF Etf | CAD 10.27 0.07 0.69% |
3 y Sharp Ratio (0.02) |
Harvest |
The data published in Harvest Brand's official financial statements typically reflect Harvest Brand's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Harvest Brand's quantitative information. For example, before you start analyzing numbers published by Harvest accountants, it's essential to understand Harvest Brand's liquidity, profitability, and earnings quality within the context of the Harvest Portfolios Group Inc. space in which it operates.
Harvest Brand Etf Summary
Harvest Brand competes with Harvest Tech, Harvest Healthcare, Harvest Equal, Energy Leaders, and Harvest Bank. 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.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA41753L1067 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Harvest Portfolios Group Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 998 8298 |
| Currency | CAD - Canadian Dollar |
You should never invest in Harvest Brand without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Harvest Etf, because this is throwing your money away. Analyzing the key information contained in Harvest Brand's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Harvest Brand Key Financial Ratios
Harvest Brand's financial ratios allow both analysts and investors to convert raw data from Harvest Brand's financial statements into concise, actionable information that can be used to evaluate the performance of Harvest Brand over time and compare it to other companies across industries.| Beta | 0.87 | |||
| Last Dividend Paid | 0.0542 |
Harvest Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Harvest Brand's current stock value. Our valuation model uses many indicators to compare Harvest Brand value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harvest Brand competition to find correlations between indicators driving Harvest Brand's intrinsic value. More Info.Harvest Brand Leaders is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 19.54 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Harvest Brand by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Harvest Brand's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Harvest Brand Leaders Systematic Risk
Harvest Brand's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harvest Brand volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Harvest Brand Leaders correlated with the market. If Beta is less than 0 Harvest Brand generally moves in the opposite direction as compared to the market. If Harvest Brand Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harvest Brand Leaders is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harvest Brand is generally in the same direction as the market. If Beta > 1 Harvest Brand moves generally in the same direction as, but more than the movement of the benchmark.
Harvest Brand November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harvest Brand help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harvest Brand Leaders. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harvest Brand Leaders based on widely used predictive technical indicators. In general, we focus on analyzing Harvest Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harvest Brand's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5392 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.29 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 0.8147 |
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.