Harvest Energy Financials
| HPF-U Etf | USD 4.08 0.02 0.49% |
Harvest |
The data published in Harvest Energy's official financial statements typically reflect Harvest Energy'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 Energy's quantitative information. For example, before you start analyzing numbers published by Harvest accountants, it's essential to understand Harvest Energy's liquidity, profitability, and earnings quality within the context of the Harvest Portfolios Group Inc. space in which it operates.
Please note, the imprecision that can be found in Harvest Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Harvest Energy Leaders. Check Harvest Energy's Beneish M Score to see the likelihood of Harvest Energy's management manipulating its earnings.
Harvest Energy Etf Summary
Harvest Energy competes with Harvest Premium, Harvest Balanced, Harvest Microsoft, and Harvest Equal. 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.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA41753Y1161 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Harvest Portfolios Group Inc. |
| Benchmark | Dow Jones Industrial |
| Phone | 866 998 8298 |
| Currency | USD - US Dollar |
You should never invest in Harvest Energy 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 Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Harvest Energy Key Financial Ratios
Harvest Energy's financial ratios allow both analysts and investors to convert raw data from Harvest Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Harvest Energy 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 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. You can analyze the relationship between different fundamental ratios across Harvest Energy competition to find correlations between indicators driving Harvest Energy's intrinsic value. More Info.Harvest Energy Leaders is rated # 2 ETF in beta as compared to similar ETFs. It is rated # 4 ETF in one year return as compared to similar ETFs . 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 Energy Leaders Systematic Risk
Harvest Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harvest Energy 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Harvest Energy Leaders correlated with the market. If Beta is less than 0 Harvest Energy generally moves in the opposite direction as compared to the market. If Harvest Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harvest Energy Leaders is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harvest Energy is generally in the same direction as the market. If Beta > 1 Harvest Energy moves generally in the same direction as, but more than the movement of the benchmark.
Harvest Energy November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harvest Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harvest Energy Leaders. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harvest Energy 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 Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.8 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 5.17 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 1.8 |
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.