Harvest Premium Yield Etf Performance
| HPYT Etf | 10.50 0.23 2.24% |
The etf retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Harvest Premium are expected to decrease at a much lower rate. During the bear market, Harvest Premium is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Harvest Premium Yield has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Harvest Premium is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
1 | This Scorching-Hot ETF Is Up 55 percent in 12 Months - MSN | 09/03/2024 |
2 | US Aggregate Bond Ishares Core ETF Quote - Press Release - The Globe and Mail | 11/08/2024 |
Harvest |
Harvest Premium Relative Risk vs. Return Landscape
If you would invest 1,088 in Harvest Premium Yield on August 28, 2024 and sell it today you would lose (38.00) from holding Harvest Premium Yield or give up 3.49% of portfolio value over 90 days. Harvest Premium Yield is generating negative expected returns and assumes 0.7834% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than Harvest, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Harvest Premium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Premium's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Premium Yield, and traders can use it to determine the average amount a Harvest Premium's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0693
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HPYT |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harvest Premium is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Harvest Premium by adding Harvest Premium to a well-diversified portfolio.
About Harvest Premium Performance
By examining Harvest Premium's fundamental ratios, stakeholders can obtain critical insights into Harvest Premium's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Harvest Premium is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Harvest Premium is entity of Canada. It is traded as Etf on TO exchange.| Harvest Premium generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: US Aggregate Bond Ishares Core ETF Quote - Press Release - The Globe and Mail |
Other Information on Investing in Harvest Etf
Harvest Premium 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 Premium security.