Blockchain Technologies Etf Performance
| HBLK Etf | CAD 20.48 0.26 1.25% |
The etf shows a Beta (market volatility) of 1.46, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blockchain Technologies will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Blockchain Technologies ETF are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Blockchain Technologies displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Horizons Big Data Hardware Index ETF Stock Price News - The Motley Fool Canada | 12/24/2024 |
| In Threey Sharp Ratio | 0.04 |
Blockchain |
Blockchain Technologies Relative Risk vs. Return Landscape
If you would invest 1,709 in Blockchain Technologies ETF on October 24, 2024 and sell it today you would earn a total of 339.00 from holding Blockchain Technologies ETF or generate 19.84% return on investment over 90 days. Blockchain Technologies ETF is generating 0.3574% of daily returns and assumes 3.5482% volatility on return distribution over the 90 days horizon. Simply put, 31% of etfs are less volatile than Blockchain, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Blockchain Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blockchain Technologies' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Blockchain Technologies ETF, and traders can use it to determine the average amount a Blockchain Technologies' 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 = 0.1007
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Blockchain Technologies is performing at about 7% 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 Blockchain Technologies by adding it to a well-diversified portfolio.
Blockchain Technologies Fundamentals Growth
Blockchain Etf prices reflect investors' perceptions of the future prospects and financial health of Blockchain Technologies, and Blockchain Technologies 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 Blockchain Etf performance.
| Total Asset | 8.88 M | |||
About Blockchain Technologies Performance
By examining Blockchain Technologies' fundamental ratios, stakeholders can obtain critical insights into Blockchain Technologies' 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 Blockchain Technologies 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 ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index. BLOCKCHAIN TECHNOLOGIES is traded on Toronto Stock Exchange in Canada.| Blockchain Technologies had very high historical volatility over the last 90 days | |
| The fund retains 99.18% of its assets under management (AUM) in equities |
Other Information on Investing in Blockchain Etf
Blockchain Technologies financial ratios help investors to determine whether Blockchain 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 Blockchain with respect to the benefits of owning Blockchain Technologies security.