Hamilton Equity Financial Statements From 2010 to 2025
| SMAX Etf | 20.27 0.13 0.65% |
Check Hamilton Equity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hamilton Equity'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 Equity Valuation or Volatility modules.
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Hamilton Equity YIELD ETF One Year Return Analysis
Hamilton Equity's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Hamilton Equity One Year Return | 33.00 % |
Most of Hamilton Equity's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hamilton Equity YIELD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Hamilton Equity YIELD has an One Year Return of 33.0%. This is much higher than that of the family and significantly higher than that of the US Equity category. The one year return for all Canada etfs is notably lower than that of the firm.
About Hamilton Equity Financial Statements
Hamilton Equity 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 Equity is entity of Canada. It is traded as Etf on TO exchange.
Pair Trading with Hamilton Equity
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 Equity 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 Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with Hamilton Etf
| 0.68 | ZSP | BMO SP 500 | PairCorr |
| 0.69 | VFV | Vanguard SP 500 | PairCorr |
| 0.66 | HXS | Global X SP | PairCorr |
| 0.68 | XUS | iShares Core SP | PairCorr |
Moving against Hamilton Etf
The ability to find closely correlated positions to Hamilton Equity 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 Equity 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 Equity - 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 Equity YIELD to buy it.
The correlation of Hamilton Equity 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 Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hamilton Equity 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 Equity 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.Check out the analysis of Hamilton Equity Correlation against competitors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.