Hamilton Enhanced Canadian Etf Performance
| HFIN Etf | 20.12 0.08 0.40% |
The etf retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hamilton Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hamilton Enhanced is expected to be smaller as well.
Risk-Adjusted Performance
34 of 100
Weak | Strong |
Very Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Hamilton Enhanced Canadian are ranked lower than 34 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Hamilton Enhanced displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Hamilton |
Hamilton Enhanced Relative Risk vs. Return Landscape
If you would invest 1,680 in Hamilton Enhanced Canadian on September 3, 2024 and sell it today you would earn a total of 332.00 from holding Hamilton Enhanced Canadian or generate 19.76% return on investment over 90 days. Hamilton Enhanced Canadian is generating 0.2843% of daily returns and assumes 0.6574% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than Hamilton, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hamilton Enhanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Enhanced's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hamilton Enhanced Canadian, and traders can use it to determine the average amount a Hamilton Enhanced'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 = 0.4324
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HFIN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.43 actual daily | 34 66% of assets perform better |
Based on monthly moving average Hamilton Enhanced is performing at about 34% 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 Enhanced by adding it to a well-diversified portfolio.
About Hamilton Enhanced Performance
By examining Hamilton Enhanced's fundamental ratios, stakeholders can obtain critical insights into Hamilton Enhanced'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 Enhanced 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 Enhanced is entity of Canada. It is traded as Etf on TO exchange.| Hamilton is showing solid risk-adjusted performance over 90 days |
Other Information on Investing in Hamilton Etf
Hamilton Enhanced 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 Enhanced security.