Harvest Clean Financials
| HCLN Etf | CAD 7.87 0.03 0.38% |
3 y Sharp Ratio (0.86) |
Harvest |
The data published in Harvest Clean's official financial statements typically reflect Harvest Clean'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 Clean's quantitative information. For example, before you start analyzing numbers published by Harvest accountants, it's essential to understand Harvest Clean's liquidity, profitability, and earnings quality within the context of the Harvest Portfolios Group Inc. space in which it operates.
Harvest Clean Etf Summary
Harvest Clean competes with IShares Canadian, PHN Multi, Altagas Cum, and EcoSynthetix. HARVEST CLEAN is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA41754G1063 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Harvest Portfolios Group Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
You should never invest in Harvest Clean 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 Clean's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Harvest Clean Key Financial Ratios
Harvest Clean's financial ratios allow both analysts and investors to convert raw data from Harvest Clean's financial statements into concise, actionable information that can be used to evaluate the performance of Harvest Clean over time and compare it to other companies across industries.Harvest Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Harvest Clean's current stock value. Our valuation model uses many indicators to compare Harvest Clean value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harvest Clean competition to find correlations between indicators driving Harvest Clean's intrinsic value. More Info.Harvest Clean Energy is rated below average in beta as compared to similar ETFs. It is rated # 4 ETF in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value Harvest Clean by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Harvest Clean'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 Clean Energy Systematic Risk
Harvest Clean's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harvest Clean 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 output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Harvest Clean Energy correlated with the market. If Beta is less than 0 Harvest Clean generally moves in the opposite direction as compared to the market. If Harvest Clean Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harvest Clean Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harvest Clean is generally in the same direction as the market. If Beta > 1 Harvest Clean moves generally in the same direction as, but more than the movement of the benchmark.
Harvest Clean November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harvest Clean help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harvest Clean Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harvest Clean Energy 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 Clean's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 8.91 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 1.89 |
Other Information on Investing in Harvest Etf
Harvest Clean 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 Clean security.