Harel Index (Israel) Performance
| HRL-F65 Etf | 2,333 29.00 1.23% |
The etf retains a Market Volatility (i.e., Beta) of 0.12, 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
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Over the last 90 days Harel Index Funds has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Etf's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
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Harel Index Relative Risk vs. Return Landscape
If you would invest 256,300 in Harel Index Funds on August 29, 2024 and sell it today you would lose (23,000) from holding Harel Index Funds or give up 8.97% of portfolio value over 90 days. Harel Index Funds is generating negative expected returns and assumes 0.974% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Harel, 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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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 = -0.2095
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| Negative Returns | HRL-F65 |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harel Index 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 Harel Index by adding Harel Index 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.
| Harel Index Funds generated a negative expected return over the last 90 days |
Other Information on Investing in Harel Etf
Harel Index financial ratios help investors to determine whether Harel 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 Harel with respect to the benefits of owning Harel Index security.