Harel Index (Israel) Performance
| HRL-F207 | 2,477 16.00 0.65% |
The etf retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Harel Index's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harel Index is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Harel Index Funds are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak technical and fundamental indicators, Harel Index may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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Harel Index Relative Risk vs. Return Landscape
If you would invest 227,600 in Harel Index Funds on August 28, 2024 and sell it today you would earn a total of 20,100 from holding Harel Index Funds or generate 8.83% return on investment over 90 days. Harel Index Funds is generating 0.1918% of daily returns and assumes 1.2482% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than Harel, and 97% 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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Harel Index Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harel Index's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harel Index Funds, and traders can use it to determine the average amount a Harel Index'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 = 0.1536
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Harel Index 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 Harel Index by adding it to a well-diversified portfolio.
About Harel Index Performance
By analyzing Harel Index's fundamental ratios, stakeholders can gain valuable insights into Harel Index's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Harel Index has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Harel Index has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.