Hamilton Mid Cap Financials Etf Performance
| HUM Etf | CAD 35.24 0.56 1.56% |
The etf retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hamilton Mid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hamilton Mid is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Hamilton Mid Cap Financials has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy primary indicators, Hamilton Mid is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Which factor ETFs will perform in new rate cutting era - ETF Stream | 12/05/2024 |
| In Threey Sharp Ratio | 0.37 |
Hamilton |
Hamilton Mid Relative Risk vs. Return Landscape
If you would invest 3,599 in Hamilton Mid Cap Financials on October 10, 2024 and sell it today you would lose (75.00) from holding Hamilton Mid Cap Financials or give up 2.08% of portfolio value over 90 days. Hamilton Mid Cap Financials is producing return of less than zero assuming 1.8551% volatility of returns over the 90 days investment horizon. Simply put, 16% of all etfs have less volatile historical return distribution than Hamilton Mid, 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 Mid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Mid's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hamilton Mid Cap Financials, and traders can use it to determine the average amount a Hamilton Mid'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 = -0.0099
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| Negative Returns | HUM |
Estimated Market Risk
| 1.86 actual daily | 16 84% 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 | 0 Most of other assets perform better |
Based on monthly moving average Hamilton Mid 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 Mid by adding Hamilton Mid to a well-diversified portfolio.
Hamilton Mid Fundamentals Growth
Hamilton Etf prices reflect investors' perceptions of the future prospects and financial health of Hamilton Mid, and Hamilton Mid 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 | 44.26 M | |||
About Hamilton Mid Performance
By examining Hamilton Mid's fundamental ratios, stakeholders can obtain critical insights into Hamilton Mid'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 Mid 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 is traded on Toronto Stock Exchange in Canada.| Hamilton Mid Cap generated a negative expected return over the last 90 days | |
| The fund retains 99.53% of its assets under management (AUM) in equities |
Other Information on Investing in Hamilton Etf
Hamilton Mid 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 Mid security.