Harvest Bank Leaders Etf Performance
| HUBL-U Etf | USD 12.92 0.18 1.37% |
The etf retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Harvest Bank are expected to decrease at a much lower rate. During the bear market, Harvest Bank is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Harvest Bank Leaders has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Harvest Bank is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Harvest US Bank Leaders Income ETF USD Quote - Press Release - The Globe and Mail | 04/12/2024 |
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Harvest Bank Relative Risk vs. Return Landscape
If you would invest 1,300 in Harvest Bank Leaders on March 19, 2024 and sell it today you would lose (8.00) from holding Harvest Bank Leaders or give up 0.62% of portfolio value over 90 days. Harvest Bank Leaders is generating negative expected returns and assumes 1.7379% volatility on return distribution over the 90 days horizon. Simply put, 15% 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 Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Bank's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Bank Leaders, and traders can use it to determine the average amount a Harvest Bank'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 = -0.0078
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| Negative Returns | HUBL-U |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Harvest Bank 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 Bank by adding Harvest Bank to a well-diversified portfolio.
Harvest Bank Fundamentals Growth
Harvest Etf prices reflect investors' perceptions of the future prospects and financial health of Harvest Bank, and Harvest Bank 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 Bank Performance
To evaluate Harvest Bank Leaders Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Harvest Bank generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Harvest Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Harvest Bank Leaders market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Harvest's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The Harvest US Bank Leaders Income ETFs investment objectives are to provide Unitholders with monthly cash distributions the opportunity for capital appreciation and lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the US Bank Leaders directly. HARVEST US is traded on Toronto Stock Exchange in Canada.| Harvest Bank Leaders generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Harvest US Bank Leaders Income ETF USD Quote - Press Release - The Globe and Mail |
Other Information on Investing in Harvest Etf
Harvest Bank 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 Bank security.