Hamilton Australian Bank Etf Buy Hold or Sell Recommendation
| HBA Etf | CAD 25.93 0.19 0.74% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Hamilton Australian Bank is 'Strong Sell'. The recommendation algorithm takes into account all of Hamilton Australian's available fundamental, technical, and predictive indicators you will find on this site.
Check out Hamilton Australian Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Hamilton and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Hamilton Australian Bank. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Hamilton |
Execute Hamilton Australian Buy or Sell Advice
The Hamilton recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hamilton Australian Bank. Macroaxis does not own or have any residual interests in Hamilton Australian Bank or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hamilton Australian's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Hamilton Australian Trading Alerts and Improvement Suggestions
| Hamilton Australian generated a negative expected return over the last 90 days | |
| The fund retains 99.21% of its assets under management (AUM) in equities |
Hamilton Australian Returns Distribution Density
The distribution of Hamilton Australian's historical returns is an attempt to chart the uncertainty of Hamilton Australian's future price movements. The chart of the probability distribution of Hamilton Australian daily returns describes the distribution of returns around its average expected value. We use Hamilton Australian Bank price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hamilton Australian returns is essential to provide solid investment advice for Hamilton Australian.
| Mean Return | -0.13 | Value At Risk | -2.55 | Potential Upside | 2.02 | Standard Deviation | 1.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hamilton Australian historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hamilton Australian Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hamilton Australian or Hamilton Capital Partners Inc. sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hamilton Australian's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hamilton etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | -0.02 |
Hamilton Australian Volatility Alert
Hamilton Australian Bank exhibits very low volatility with skewness of -0.34 and kurtosis of -0.4. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hamilton Australian's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hamilton Australian's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hamilton Australian Fundamentals Vs Peers
Comparing Hamilton Australian's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hamilton Australian's direct or indirect competition across all of the common fundamentals between Hamilton Australian and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hamilton Australian or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Hamilton Australian's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hamilton Australian by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hamilton Australian to competition |
| Fundamentals | Hamilton Australian | Peer Average |
| Beta | 1.03 | |
| One Year Return | 12.20 % | (0.97) % |
| Three Year Return | 11.20 % | 3.23 % |
| Net Asset | 119.93 M | 2.29 B |
| Equity Positions Weight | 99.21 % | 52.82 % |
Hamilton Australian Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hamilton . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hamilton Australian Buy or Sell Advice
When is the right time to buy or sell Hamilton Australian Bank? Buying financial instruments such as Hamilton Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Hamilton Australian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Small Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small Cap ETFs theme has 176 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Cap ETFs Theme or any other thematic opportunities.
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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.