Hamilton Mid Cap Financials Etf Volatility
| HUM Etf | CAD 32.79 -0.41 -1.23% |
Hamilton Mid Cap Financials now displays a minimal volatility profile across the designated horizon. Hamilton Mid Cap Financials posts a Sharpe Ratio (Efficiency) of -0.18, confirming negative risk-adjusted behavior over the last 3 months. We identified 21 technical indicators influencing current risk dynamics.
Sharpe Ratio = -0.183
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HUM |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Hamilton Mid Cap Financials posted a Market Risk Adjusted Performance of -2.3%, a Risk of 1.16, and a Risk Adjusted Performance of -0.1% for the reported period. Hamilton Mid is not operating at full potential according to monthly moving average. A well-diversified portfolio context may improve its risk-adjusted performance.
Key indicators related to Hamilton Mid's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Volatility for Hamilton Mid can be decomposed into systematic risk (driven by broad market conditions) and idiosyncratic risk (driven by Hamilton Mid's company-specific factors). Beta captures the systematic component, while total standard deviation captures both.
Hamilton |
Volatility Strategy
Market cycles can shift how Hamilton Mid Cap Financials participates in overall return dispersion. Current statistical measures show total volatility near 1.16% with a beta coefficient of 0.073, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.18, evaluates return per unit of total risk. An alpha value of -0.16 reflects performance relative to systematic market exposure. Expected return estimates near -0.21% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. ETF volatility may reflect both basket movement and premium/discount to NAV.
Main indicators related to Hamilton Mid's market risk premium analysis include:
Beta 0.073 | Alpha -0.16 | Risk 1.16 | Sharpe Ratio -0.18 | Expected Return -0.21 |
Moving together with Hamilton Etf
| 0.65 | XFN | iShares SAMPPTSX Capped | PairCorr |
| 0.82 | ZBK | BMO Equal Weight | PairCorr |
| 0.79 | ZUB | BMO Equal Weight | PairCorr |
| 0.92 | FSF | CI Global Financial | PairCorr |
| 0.85 | ZWK | BMO Covered Call | PairCorr |
| 0.82 | FLI | CI Canada Lifeco | PairCorr |
Moving against Hamilton Etf
| 0.82 | HEU | BetaPro SAMPP TSX | PairCorr |
| 0.74 | UCSH-U | Global X USD | PairCorr |
| 0.41 | HBU | BetaPro Gold Bullion | PairCorr |
| 0.37 | HCA | Hamilton Canadian Bank | PairCorr |
Sensitivity To Market
Hamilton Mid shows a beta coefficient of 0.073, measuring correlation and volatility relative to benchmark movements. Regression slope analysis defines its systematic risk contribution. Current volatility measures about 1.16%.This overview focuses on observed volatility for Hamilton Mid Cap Financials and how returns have fluctuated. Downside deviation currently reads near 0.0%. ETF volatility often reflects both the underlying basket and the trading layer. Premium/discount to NAV is often expressed as (Price − NAV) / NAV × 100 when NAV is available. Spread stability can also shape short-term movement.
3 Months Beta |Analyze Hamilton Mid Cap Demand TrendCheck current 90 days Hamilton Mid correlation with market (Dow Jones Industrial)Downside Risk
Hamilton standard deviation measures daily price dispersion from the mean, providing a proxy for volatility over the selected time period. Volatile instruments have higher standard deviations; stable ones have lower.
Standard Deviation | 1.16 |
Upside and downside risks in Hamilton Mid are not symmetric. While standard deviation captures total price dispersion, semi-deviation and downside deviation measure only the loss risk in Hamilton Mid's daily returns. Hamilton Mid Cap Financials posted a Maximum Drawdown of 5.89 for the reported period.
Etf Volatility Analysis
Market participants monitor Hamilton Mid volatility to assess the etf's price stability. When Hamilton Mid's volatility is elevated, prices can swing by several percentage points in a single session. Sustained low volatility in Hamilton Mid typically signals a stable trading environment.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Hamilton Mid Cap Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming the 90-day trading horizon Hamilton Mid has a beta of 0.073 . This usually indicates as returns on the market go up, Hamilton Mid's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Hamilton Mid Cap Financials is expected to be smaller as well.Risk assessment for Hamilton Mid separates macro-driven volatility from company or sector-specific developments. Market risk cannot be diversified away, though asset-specific exposure can be moderated. Hamilton Mid Cap Financials posted a Mean Deviation of 0.83 and a Standard Deviation of 1.14 for the reported period.
Predicted Return Density |
| Returns |
What Drives Hamilton Mid's Price Volatility?
Several factors can influence Hamilton Mid's market volatility:Industry Dynamics
Sector-level events can directly affect Hamilton Mid's price stability. Regulatory changes, supply disruptions, or shifts in demand within Hamilton Mid's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like Hamilton Mid.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for Hamilton Mid's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward Hamilton Mid. During periods of economic expansion, Hamilton Mid's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.Hamilton Mid's Company-Specific Factors
Volatility can also stem from events unique to Hamilton Mid. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in Hamilton Mid's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on Hamilton Mid's share price.Etf Risk Measures
Assuming the 90-day trading horizon the coefficient of variation of Hamilton Mid is -546.39. The daily returns are distributed with a variance of 1.35 and standard deviation of 1.16. The mean deviation of Hamilton Mid Cap Financials is currently at 0.85. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | -0.1638 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 1.16 | |
Ir | Information ratio | -0.0749 |
Etf Return Volatility
Hamilton Mid daily volatility tracks how widely etf returns have moved around the mean across the selected time frame. The ETF reflects 1.1626% volatility on return distribution over a 90-day horizon. On the other hand, Dow Jones Industrial has volatility of 0.8248% on return distribution over a 90-day investment horizon. Performance |
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Related Correlations Analysis
Hamilton Mid Constituents Risk-Adjusted Indicators
Surface-level performance for Hamilton Etf can mask how the business actually stacks up against its competitive set. Risk-adjusted metrics allow investors to compare Hamilton Mid's efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DXZ | 0.70 | -0.02 | 0.00 | -0.11 | 0.00 | 1.57 | 4.39 | |||
| RPD | 0.62 | 0.14 | 0.16 | 0.18 | 0.95 | 1.13 | 4.38 | |||
| HBGD | 1.80 | 0.15 | 0.11 | -4.51 | 2.00 | 3.55 | 11.86 | |||
| HCON | 0.28 | 0.01 | 0.00 | -0.05 | 0.00 | 0.61 | 2.35 | |||
| COPP | 2.29 | 0.16 | 0.03 | 0.02 | 3.42 | 4.21 | 13.51 | |||
| QDXH | 0.42 | 0.05 | 0.08 | 0.03 | 0.78 | 1.40 | 4.46 | |||
| EDGF | 0.62 | 0.01 | 0.00 | -0.06 | 0.00 | 1.27 | 3.87 | |||
| XML | 0.36 | 0.11 | 0.28 | 0.66 | 0.42 | 0.82 | 3.24 | |||
| STPL | 0.62 | 0.04 | 0.12 | 0.14 | 0.83 | 1.37 | 4.83 |
Risk Metrics, Assumptions & Methodology
Volatility for Hamilton Mid reflects price dispersion, spread stability, and underlying basket liquidity conditions. Swing amplitude frames exposure planning and risk limits.
Data shown for Hamilton Mid Cap Financials is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication cadence can introduce delays. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardHamilton Mid Investment Opportunity
Hamilton Mid Cap Financials currently shows materially higher return volatility than Dow Jones Industrial, with a relative multiple of about 1.41. That added volatility may be acceptable only if the position is expected to deliver stronger return efficiency or diversification value.You can use Hamilton Mid Cap Financials to protect your portfolios against small market fluctuations. This short-horizon strategy note focuses on what the latest move may imply for immediate trading context. It highlights whether the move looks ordinary, stressed, or unusually speculative for the instrument. a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Hamilton Mid to be traded at C$31.81 in 90 days.Poor diversification
For the present investment horizon, the measured correlation between HUM and DJI stands at 0.77, or Poor diversification. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Hamilton Mid Additional Risk Indicators
Secondary risk indicators for Hamilton Mid Cap Financials can help investors evaluate exposure beyond standard deviation, beta, or one headline volatility measure. A disciplined risk review provides context for deciding whether exposure should be maintained, reduced, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | -0.11 | |||
| Market Risk Adjusted Performance | -2.32 | |||
| Mean Deviation | 0.8345 | |||
| Coefficient Of Variation | -709.55 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.29 | |||
| Information Ratio | -0.07 |
Hamilton Mid Suggested Diversification Pairs
Using Hamilton Mid in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
Pair strategies help manage risk, but investors should recognize that not all risk can be diversified away through pairing. Market-level risk for Hamilton Mid persists even in a well-constructed pair. The benefit is in offsetting Hamilton Mid's company-specific risk, which can be meaningfully reduced by selecting a second position that moves independently of Hamilton Mid Cap Financials.
More Resources for Hamilton Etf Analysis
Other Information on Investing in Hamilton Etf
Financial ratios for Hamilton Mid organize key financial data into structured relationships. They reflect how financial results tie into valuation measures. This helps maintain uniform comparisons across financial reports.