Hamilton MidSmall Competition
| HUM Etf | CAD 38.88 0.08 0.21% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Hamilton MidSmall competition on your existing holdings.
Hamilton |
Hamilton MidSmall Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hamilton MidSmall and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Hamilton and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Hamilton MidSmall Cap does not affect the price movement of the other competitor.
| -0.29 | 0.8 | 0.87 | 0.92 | CIC | ||
| -0.29 | -0.27 | -0.43 | -0.39 | COG | ||
| 0.8 | -0.27 | 0.59 | 0.67 | ZIC | ||
| 0.87 | -0.43 | 0.59 | 0.96 | CLS | ||
| 0.92 | -0.39 | 0.67 | 0.96 | DSG | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
|
Hamilton MidSmall Constituents Risk-Adjusted Indicators
There is a big difference between Hamilton Etf performing well and Hamilton MidSmall ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hamilton MidSmall's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CIC | 0.34 | 0.15 | 0.12 | 1.06 | 0.00 | 0.80 | 2.27 | |||
| COG | 3.06 | 0.12 | (0.02) | (0.12) | 3.17 | 7.89 | 32.73 | |||
| ZIC | 0.26 | 0.04 | (0.31) | 1.14 | 0.00 | 0.56 | 1.16 | |||
| CLS | 2.53 | 0.81 | 0.23 | 0.91 | 2.84 | 5.61 | 22.60 | |||
| DSG | 1.06 | 0.23 | 0.13 | 0.45 | 1.06 | 2.47 | 8.09 |
Hamilton MidSmall Competitive Analysis
The better you understand Hamilton MidSmall competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hamilton MidSmall's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Hamilton MidSmall's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Hamilton MidSmall Competition Performance Charts
Five steps to successful analysis of Hamilton MidSmall Competition
Hamilton MidSmall's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Hamilton MidSmall Cap in relation to its competition. Hamilton MidSmall's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Hamilton MidSmall in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Hamilton MidSmall's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hamilton MidSmall Cap, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Hamilton MidSmall position
In addition to having Hamilton MidSmall in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run IT Thematic Idea Now
IT
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize IT Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Hamilton Etf
Hamilton MidSmall financial ratios help investors to determine whether Hamilton 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 Hamilton with respect to the benefits of owning Hamilton MidSmall security.