Hamilton Technology Yield Etf Performance
| QMAX Etf | 22.65 0.55 2.49% |
The etf retains a Market Volatility (i.e., Beta) of -0.0869, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hamilton Technology are expected to decrease at a much lower rate. During the bear market, Hamilton Technology is likely to outperform the market.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Hamilton Technology Yield are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Hamilton Technology displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Hamilton CDN Financial Yld Maximizer ETF Quote - Press Release - The Globe and Mail | 12/20/2024 |
Hamilton |
Hamilton Technology Relative Risk vs. Return Landscape
If you would invest 1,972 in Hamilton Technology Yield on October 12, 2024 and sell it today you would earn a total of 293.00 from holding Hamilton Technology Yield or generate 14.86% return on investment over 90 days. Hamilton Technology Yield is generating 0.2387% of daily returns and assumes 1.2462% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than Hamilton, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hamilton Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Technology's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hamilton Technology Yield, and traders can use it to determine the average amount a Hamilton Technology'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 = 0.1916
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Hamilton Technology is performing at about 15% 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 Technology by adding it to a well-diversified portfolio.
About Hamilton Technology Performance
By examining Hamilton Technology's fundamental ratios, stakeholders can obtain critical insights into Hamilton Technology'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 Technology 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 Technology is entity of Canada. It is traded as Etf on TO exchange.| Latest headline from news.google.com: Hamilton CDN Financial Yld Maximizer ETF Quote - Press Release - The Globe and Mail |
Other Information on Investing in Hamilton Etf
Hamilton Technology 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 Technology security.