ducovest

HDGE:CA:TSX-Accelerate Absolute Return Hedge Fund (CAD)

ETF | Alternative Equity Focused |

Last Closing

CAD 28.56

Change

-0.13 (-0.45)%

Market Cap

CAD 0.04B

Volume

N/A

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-11 )

Largest Industry Peers for Alternative Equity Focused

Symbol Name Price(Change) Market Cap
HAC:CA Global X Seasonal Rotation ETF

-0.11 (-0.35%)

 CAD 0.22B
HURA:CA Global X Uranium Index ETF

+0.24 (+0.64%)

 CAD 0.10B
PHE:CA Purpose Tactical Hedged Equity

+0.12 (+0.33%)

 CAD 4.11M

ETFs Containing HDGE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Alternative Equity Focused) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 27.56% 100% F 81% B-
Dividend Return 1.34% 100% F 19% F
Total Return 28.90% 100% F 79% B-
Trailing 12 Months  
Capital Gain 18.75% 50% F 53% F
Dividend Return 1.66% 100% F 17% F
Total Return 20.42% 50% F 46% F
Trailing 5 Years  
Capital Gain -85.32% 25% F 5% F
Dividend Return 1.03% 67% D+ 2% F
Total Return -84.29% 25% F 4% F
Average Annual (5 Year Horizon)  
Capital Gain 10.89% 50% F 71% C-
Dividend Return 11.03% 75% C 67% D+
Total Return 0.14% 100% F 17% F
Risk Return Profile  
Volatility (Standard Deviation) 13.99% 50% F 58% F
Risk Adjusted Return 78.81% 50% F 88% B+
Market Capitalization 0.04B 50% F 20% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.