Harvest Nvidia Enhanced Etf Performance
| NVHE-U Etf | 12.08 0.09 0.75% |
The etf retains a Market Volatility (i.e., Beta) of 0.53, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Harvest Nvidia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harvest Nvidia is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Harvest Nvidia Enhanced are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating technical indicators, Harvest Nvidia sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Harvest High Income Shares ETFs Announces September 2024 Distributions - Business Wire | 09/23/2024 |
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Harvest Nvidia Relative Risk vs. Return Landscape
If you would invest 903.00 in Harvest Nvidia Enhanced on September 5, 2024 and sell it today you would earn a total of 305.00 from holding Harvest Nvidia Enhanced or generate 33.78% return on investment over 90 days. Harvest Nvidia Enhanced is generating 0.4914% of daily returns and assumes 2.7176% volatility on return distribution over the 90 days horizon. Simply put, 24% of etfs are less volatile than Harvest, and 91% 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 Nvidia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvest Nvidia's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Harvest Nvidia Enhanced, and traders can use it to determine the average amount a Harvest Nvidia'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 = 0.1808
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Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Harvest Nvidia is performing at about 14% 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 Nvidia by adding it to a well-diversified portfolio.
About Harvest Nvidia Performance
By analyzing Harvest Nvidia's fundamental ratios, stakeholders can gain valuable insights into Harvest Nvidia's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Harvest Nvidia 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 Harvest Nvidia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Harvest Nvidia is entity of Canada. It is traded as Etf on TO exchange.