Hamilton Australian Bank Etf Performance
| HBA Etf | CAD 29.81 0.21 0.71% |
The etf retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hamilton Australian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hamilton Australian is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Hamilton Australian Bank are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Hamilton Australian may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | The Healthcare Businesswomens Association Appoints Varduhi Kyureghyan as Chief Financial Officer - Yahoo Finance | 09/19/2024 |
| In Threey Sharp Ratio | 0.52 |
Hamilton |
Hamilton Australian Relative Risk vs. Return Landscape
If you would invest 2,769 in Hamilton Australian Bank on September 2, 2024 and sell it today you would earn a total of 212.00 from holding Hamilton Australian Bank or generate 7.66% return on investment over 90 days. Hamilton Australian Bank is generating 0.1199% of daily returns assuming 0.9652% volatility of returns over the 90 days investment horizon. Simply put, 8% of all etfs have less volatile historical return distribution than Hamilton Australian, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hamilton Australian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Australian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hamilton Australian Bank, and traders can use it to determine the average amount a Hamilton Australian'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 = 0.1243
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| Cash | HBA | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Hamilton Australian is performing at about 9% 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 Hamilton Australian by adding it to a well-diversified portfolio.
Hamilton Australian Fundamentals Growth
Hamilton Etf prices reflect investors' perceptions of the future prospects and financial health of Hamilton Australian, and Hamilton Australian 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 Hamilton Etf performance.
| Total Asset | 119.93 M | |||
About Hamilton Australian Performance
By examining Hamilton Australian's fundamental ratios, stakeholders can obtain critical insights into Hamilton Australian'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 Hamilton Australian 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.
HAMILTON AUSTRALIAN is traded on Toronto Stock Exchange in Canada.| The fund retains 99.21% of its assets under management (AUM) in equities |
Other Information on Investing in Hamilton Etf
Hamilton Australian 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 Australian security.