Hamilton Global Net Asset vs. Beta
| HFG Etf | CAD 27.99 0.09 0.32% |
For Hamilton Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hamilton Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hamilton Global Financials utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hamilton Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hamilton Global Financials over time as well as its relative position and ranking within its peers.
Hamilton |
Hamilton Global Fina Beta vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hamilton Global's current stock value. Our valuation model uses many indicators to compare Hamilton Global value to that of its competitors to determine the firm's financial worth. Hamilton Global Financials is rated # 3 ETF in net asset as compared to similar ETFs. It also is rated # 3 ETF in beta as compared to similar ETFs . The ratio of Net Asset to Beta for Hamilton Global Financials is about 46,896,226 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hamilton Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hamilton Global's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hamilton Beta vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Hamilton Global |
| = | 49.71 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Hamilton Global |
| = | 1.06 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Hamilton Beta Comparison
Hamilton Global is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
Hamilton Global returns are very sensitive to returns on the market. As the market goes up or down, Hamilton Global is expected to follow.
Hamilton Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hamilton Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hamilton Global will eventually generate negative long term returns. The profitability progress is the general direction of Hamilton Global's change in net profit over the period of time. It can combine multiple indicators of Hamilton Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
HAMILTON GLOBAL is traded on Toronto Stock Exchange in Canada.
Hamilton Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hamilton Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hamilton Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hamilton Global's important profitability drivers and their relationship over time.
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 constituents at this time.
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Other Information on Investing in Hamilton Etf
To fully project Hamilton Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hamilton Global Fina at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hamilton Global's income statement, its balance sheet, and the statement of cash flows.