Hamilton Australian Bank Etf Fundamentals
| HBA Etf | CAD 30.14 0.20 0.66% |
As of the 28th of January, Hamilton Australian retains the Market Risk Adjusted Performance of 4.32, risk adjusted performance of (0.03), and Standard Deviation of 0.9828. Hamilton Australian technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
Hamilton Australian's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Hamilton Australian's valuation are provided below:Hamilton Australian Bank does not presently have any fundamental trends for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Hamilton |
Hamilton Australian 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hamilton Australian's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hamilton Australian.
| 10/30/2025 |
| 01/28/2026 |
If you would invest 0.00 in Hamilton Australian on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Hamilton Australian Bank or generate 0.0% return on investment in Hamilton Australian over 90 days. Hamilton Australian is related to or competes with Evolve SPTSX, Evolve Canadian, Global X, IShares India, Purpose Premium, Invesco SP, and Hamilton Financials. HAMILTON AUSTRALIAN is traded on Toronto Stock Exchange in Canada. More
Hamilton Australian Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hamilton Australian's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hamilton Australian Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.85 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.56 |
Hamilton Australian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamilton Australian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hamilton Australian's standard deviation. In reality, there are many statistical measures that can use Hamilton Australian historical prices to predict the future Hamilton Australian's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 4.31 |
Hamilton Australian January 28, 2026 Technical Indicators
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| Math Transform | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 4.32 | |||
| Mean Deviation | 0.7173 | |||
| Coefficient Of Variation | (2,485) | |||
| Standard Deviation | 0.9828 | |||
| Variance | 0.966 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 4.31 | |||
| Maximum Drawdown | 4.85 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.56 | |||
| Skewness | (0.81) | |||
| Kurtosis | 1.66 |
Hamilton Australian Bank Backtested Returns
Hamilton Australian Bank holds Efficiency (Sharpe) Ratio of -0.0402, which attests that the entity had a -0.0402 % return per unit of risk over the last 3 months. Hamilton Australian Bank exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hamilton Australian's Standard Deviation of 0.9828, market risk adjusted performance of 4.32, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.0115, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hamilton Australian are expected to decrease at a much lower rate. During the bear market, Hamilton Australian is likely to outperform the market.
Auto-correlation | 0.18 |
Very weak predictability
Hamilton Australian Bank has very weak predictability. Overlapping area represents the amount of predictability between Hamilton Australian time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hamilton Australian Bank price movement. The serial correlation of 0.18 indicates that over 18.0% of current Hamilton Australian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Hamilton Australian Bank has a Beta of 0.9. This is much higher than that of the Hamilton Capital Partners Inc. family and significantly higher than that of the Financial Services Equity category. The beta for all Canada etfs is notably lower than that of the firm.
Hamilton Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hamilton Australian's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Hamilton Australian could also be used in its relative valuation, which is a method of valuing Hamilton Australian by comparing valuation metrics of similar companies.Hamilton Australian is currently under evaluation in beta as compared to similar ETFs.
Hamilton Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hamilton Australian's current stock value. Our valuation model uses many indicators to compare Hamilton Australian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hamilton Australian competition to find correlations between indicators driving Hamilton Australian's intrinsic value. More Info.Hamilton Australian Bank is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 8.00 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hamilton Australian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hamilton Australian's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fund Asset Allocation for Hamilton Australian
The fund invests 99.21% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Hamilton Australian's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Hamilton Australian returns are very sensitive to returns on the market. As the market goes up or down, Hamilton Australian is expected to follow.
Hamilton Fundamentals
| Beta | 0.9 | |||
| Total Asset | 119.93 M | |||
| One Year Return | 7.20 % | |||
| Three Year Return | 15.80 % | |||
| Five Year Return | 15.20 % | |||
| Net Asset | 119.93 M | |||
| Equity Positions Weight | 99.21 % |
About Hamilton Australian Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hamilton Australian Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hamilton Australian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hamilton Australian Bank based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.HAMILTON AUSTRALIAN is traded on Toronto Stock Exchange in Canada.
Pair Trading with Hamilton Australian
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hamilton Australian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hamilton Australian will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Hamilton Australian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hamilton Australian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hamilton Australian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hamilton Australian Bank to buy it.
The correlation of Hamilton Australian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hamilton Australian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hamilton Australian Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hamilton Australian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.