Harvest Diversified High Etf Performance
| HHIS Etf | 10.97 0.03 0.27% |
The etf retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harvest Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Diversified is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Harvest Diversified High has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Etf's basic indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
1 | Trade Tracker Joe Terranova shares his ETF rebalance strategy and Bryn Talkington buys the ETHA - CNBC | 02/05/2025 |
2 | YouTuber is closing his ETF after performance woes, soaring costs - BNN Bloomberg | 02/18/2025 |
Harvest |
Harvest Diversified Relative Risk vs. Return Landscape
If you would invest 1,211 in Harvest Diversified High on December 8, 2024 and sell it today you would lose (114.00) from holding Harvest Diversified High or give up 9.41% of portfolio value over 90 days. Harvest Diversified High is generating negative expected returns and assumes 2.5741% volatility on return distribution over the 90 days horizon. Simply put, 22% 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 Diversified Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Diversified's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Diversified High, and traders can use it to determine the average amount a Harvest Diversified'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 = -0.0911
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HHIS |
Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harvest Diversified 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 Diversified by adding Harvest Diversified to a well-diversified portfolio.
About Harvest Diversified Performance
By examining Harvest Diversified's fundamental ratios, stakeholders can obtain critical insights into Harvest Diversified'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 Diversified 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 Diversified is entity of Canada. It is traded as Etf on TO exchange.| Harvest Diversified generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: YouTuber is closing his ETF after performance woes, soaring costs - BNN Bloomberg |
Other Information on Investing in Harvest Etf
Harvest Diversified 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 Diversified security.