Harvest Bank Leaders Etf Performance
| HUBL Etf | CAD 14.82 0.13 0.88% |
The etf retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Harvest Bank are expected to decrease at a much lower rate. During the bear market, Harvest Bank is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Harvest Bank Leaders are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Harvest Bank displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.11 |
Harvest |
Harvest Bank Relative Risk vs. Return Landscape
If you would invest 1,262 in Harvest Bank Leaders on August 28, 2024 and sell it today you would earn a total of 220.00 from holding Harvest Bank Leaders or generate 17.43% return on investment over 90 days. Harvest Bank Leaders is generating 0.2725% of daily returns and assumes 1.6532% volatility on return distribution over the 90 days horizon. Simply put, 14% of etfs are less volatile than Harvest, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Harvest Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Bank's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Bank Leaders, and traders can use it to determine the average amount a Harvest Bank'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 = 0.1648
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Harvest Bank is performing at about 12% of its full potential. 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 Bank by adding it to a well-diversified portfolio.
Harvest Bank Fundamentals Growth
Harvest Etf prices reflect investors' perceptions of the future prospects and financial health of Harvest Bank, and Harvest Bank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Harvest Etf performance.
About Harvest Bank Performance
By examining Harvest Bank's fundamental ratios, stakeholders can obtain critical insights into Harvest Bank'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 Bank 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.
The Harvest US Bank Leaders Income ETFs investment objectives are 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 US Bank Leaders directly. HARVEST US is traded on Toronto Stock Exchange in Canada.