Hamilton Canadian Bank Etf Performance
| HEB Etf | 19.98 0.05 0.25% |
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, Hamilton Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hamilton Canadian is expected to be smaller as well.
Risk-Adjusted Performance
33 of 100
Weak | Strong |
Very Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Hamilton Canadian Bank are ranked lower than 33 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental drivers, Hamilton Canadian may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | TD Bank Stock Buy, Sell, or Hold Right Now - Yahoo Canada Finance | 09/19/2024 |
2 | Expand Energy announces pricing of senior notes offering - MSN | 11/21/2024 |
Hamilton |
Hamilton Canadian Relative Risk vs. Return Landscape
If you would invest 1,776 in Hamilton Canadian Bank on August 31, 2024 and sell it today you would earn a total of 222.00 from holding Hamilton Canadian Bank or generate 12.5% return on investment over 90 days. Hamilton Canadian Bank is generating 0.1912% of daily returns assuming 0.4505% volatility of returns over the 90 days investment horizon. Simply put, 4% of all etfs have less volatile historical return distribution than Hamilton Canadian, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hamilton Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hamilton Canadian Bank, and traders can use it to determine the average amount a Hamilton Canadian'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 = 0.4243
| Best Portfolio | Best Equity | |||
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| Small Returns | HEB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.42 actual daily | 33 67% of assets perform better |
Based on monthly moving average Hamilton Canadian is performing at about 33% 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 Canadian by adding it to a well-diversified portfolio.
About Hamilton Canadian Performance
By examining Hamilton Canadian's fundamental ratios, stakeholders can obtain critical insights into Hamilton Canadian'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 Canadian 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 Canadian is entity of Canada. It is traded as Etf on TO exchange.| Hamilton is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Expand Energy announces pricing of senior notes offering - MSN |
Other Information on Investing in Hamilton Etf
Hamilton Canadian 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 Canadian security.