Hamilton Australian Bank Etf Performance
| HBA Etf | CAD 27.94 0.29 1.05% |
The etf retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hamilton Australian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hamilton Australian is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Hamilton Australian Bank has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Hamilton Australian is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Hamilton Australian Banks Equal-Weight ETF Quote - Press Release - The Globe and Mail | 12/20/2024 |
2 | These ETFs have been ranked A from Fundata for their outstanding risk-adjusted returns - The Globe and Mail | 02/11/2025 |
3 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 02/19/2025 |
| In Threey Sharp Ratio | 0.78 |
Hamilton |
Hamilton Australian Relative Risk vs. Return Landscape
If you would invest 2,948 in Hamilton Australian Bank on November 29, 2024 and sell it today you would lose (154.00) from holding Hamilton Australian Bank or give up 5.22% of portfolio value over 90 days. Hamilton Australian Bank is producing return of less than zero assuming 1.2671% volatility of returns over the 90 days investment horizon. Simply put, 11% of all etfs have less volatile historical return distribution than Hamilton Australian, 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 Australian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Australian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hamilton Australian Bank, and traders can use it to determine the average amount a Hamilton Australian'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 = -0.0643
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HBA |
Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hamilton Australian is not performing at its full potential. However, 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 Australian by adding Hamilton Australian to a well-diversified portfolio.
Hamilton Australian Fundamentals Growth
Hamilton Etf prices reflect investors' perceptions of the future prospects and financial health of Hamilton Australian, and Hamilton Australian fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hamilton Etf performance.
| Total Asset | 119.93 M | |||
About Hamilton Australian Performance
By examining Hamilton Australian's fundamental ratios, stakeholders can obtain critical insights into Hamilton Australian'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 Australian 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 AUSTRALIAN is traded on Toronto Stock Exchange in Canada.| Hamilton Australian generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| The fund retains 99.21% of its assets under management (AUM) in equities |
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.