Hamilton Energy Yield Etf Performance
| EMAX Etf | 15.32 0.05 0.33% |
The etf retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hamilton Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hamilton Energy is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Hamilton Energy YIELD are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Hamilton Energy is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | 2 High-Yield Dividend ETFs to Buy to Generate Passive Income - The Motley Fool Canada | 10/15/2024 |
Hamilton |
Hamilton Energy Relative Risk vs. Return Landscape
If you would invest 1,523 in Hamilton Energy YIELD on October 12, 2024 and sell it today you would earn a total of 9.00 from holding Hamilton Energy YIELD or generate 0.59% return on investment over 90 days. Hamilton Energy YIELD is generating 0.0156% of daily returns and assumes 1.0851% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Hamilton, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hamilton Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Energy's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hamilton Energy YIELD, and traders can use it to determine the average amount a Hamilton Energy'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 = 0.0144
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EMAX |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Hamilton Energy is performing at about 1% 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 Energy by adding it to a well-diversified portfolio.
About Hamilton Energy Performance
By examining Hamilton Energy's fundamental ratios, stakeholders can obtain critical insights into Hamilton Energy'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 Energy 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 Energy is entity of Canada. It is traded as Etf on TO exchange.