Hamilton Energy Financial Statements From 2010 to 2025
| EMAX Etf | 15.32 0.05 0.33% |
Check Hamilton Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hamilton Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Hamilton financial statements analysis is a perfect complement when working with Hamilton Energy Valuation or Volatility modules.
Hamilton |
About Hamilton Energy Financial Statements
Hamilton Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Hamilton Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Hamilton Energy is entity of Canada. It is traded as Etf on TO exchange.
Pair Trading with Hamilton Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hamilton Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hamilton Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Hamilton Etf
| 0.77 | XEG | iShares SPTSX Capped | PairCorr |
| 0.91 | ZEO | BMO Equal Weight | PairCorr |
| 0.84 | NXF | First Asset Energy | PairCorr |
| 0.68 | HXE | Global X SPTSX | PairCorr |
| 0.92 | HPF | Energy Leaders Plus | PairCorr |
The ability to find closely correlated positions to Hamilton Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hamilton Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hamilton Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hamilton Energy YIELD to buy it.
The correlation of Hamilton Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hamilton Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hamilton Energy YIELD moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hamilton Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Hamilton Etf
Hamilton Energy 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 Energy security.