Harvest Healthcare Leaders Etf Performance
| HHL-B Etf | CAD 9.75 0.15 1.56% |
The etf retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Harvest Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Healthcare is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Harvest Healthcare Leaders are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Harvest Healthcare is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Mike Philbricks Top Picks for January 21, 2025 - BNN Bloomberg | 01/21/2025 |
Harvest |
Harvest Healthcare Relative Risk vs. Return Landscape
If you would invest 928.00 in Harvest Healthcare Leaders on November 2, 2024 and sell it today you would earn a total of 47.00 from holding Harvest Healthcare Leaders or generate 5.06% return on investment over 90 days. Harvest Healthcare Leaders is generating 0.0834% of daily returns and assumes 0.702% 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 |
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Harvest Healthcare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Healthcare Leaders, and traders can use it to determine the average amount a Harvest Healthcare'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 = 0.1189
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Harvest Healthcare is performing at about 9% 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 Healthcare by adding it to a well-diversified portfolio.
Harvest Healthcare Fundamentals Growth
Harvest Etf prices reflect investors' perceptions of the future prospects and financial health of Harvest Healthcare, and Harvest Healthcare 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 Healthcare Performance
Assessing Harvest Healthcare's fundamental ratios provides investors with valuable insights into Harvest Healthcare's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Harvest Healthcare is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
HARVEST HEALTHCARE is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Mike Philbricks Top Picks for January 21, 2025 - BNN Bloomberg | |
| The fund retains 102.54% of its assets under management (AUM) in equities |
Other Information on Investing in Harvest Etf
Harvest Healthcare 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 Healthcare security.