Harvest Balanced Income Etf Performance
| HBIG Etf | 25.01 0.03 0.12% |
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, Harvest Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Balanced is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Harvest Balanced Income are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Harvest Balanced is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Harvest |
Harvest Balanced Relative Risk vs. Return Landscape
If you would invest 2,427 in Harvest Balanced Income on September 4, 2024 and sell it today you would earn a total of 74.00 from holding Harvest Balanced Income or generate 3.05% return on investment over 90 days. Harvest Balanced Income is generating 0.0483% of daily returns and assumes 0.364% volatility on return distribution over the 90 days horizon. Simply put, 3% 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 Balanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Balanced's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Balanced Income, and traders can use it to determine the average amount a Harvest Balanced'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 = 0.1328
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| Negative Returns | HBIG |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Harvest Balanced is performing at about 10% 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 Balanced by adding it to a well-diversified portfolio.
About Harvest Balanced Performance
By examining Harvest Balanced's fundamental ratios, stakeholders can obtain critical insights into Harvest Balanced'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 Balanced 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.