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

ETF | Alternative Equity Focused |

Last Closing

CAD 26.16

Change

-0.07 (-0.27)%

Market Cap

CAD 1.02M

Volume

N/A

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Alternative Equity Focused

Symbol Name Price(Change) Market Cap
HAC:CA Horizons Seasonal Rotation

N/A

CAD 0.21B
HURA:CA Horizons Global Uranium Index ..

N/A

CAD 0.09B
PHE:CA Purpose Tactical Hedged Equity

N/A

CAD 3.60M

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 16.84% 100% F 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 16.84% 100% F 86% B+
Trailing 12 Months  
Capital Gain 18.32% 50% F 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.32% 50% F 72% C
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 6.48% 75% C 67% D+
Dividend Return 6.59% 75% C 62% D
Total Return 0.11% 100% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 15.85% 50% F 52% F
Risk Adjusted Return 41.60% 50% F 70% C-
Market Capitalization 1.02M 25% F 1% 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:
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.