Hcmax Etf Profile
HCMAX is trading at 29.02 as of the 25th of April 2024; that is No Change since the beginning of the trading day. The etf's open price was 29.02. Equity ratings for HCMAX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
HCMAX Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HCMAX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HCMAX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Old Name | THE HILLMAN FUND NO LOAD SHARES |
| Business Concentration | Large Value, Hillman Capital Management (View all Sectors) |
| Startdate | 29th of December 2000 |
| Annual Report Expense Ratio | 0.95% |
| Last Bear Mkt | -21.84% |
| Two Hundred Day Average | 29.8 |
| Morning Star Overall Rating | 5.0 |
| Ytd | 0.68% |
| Fifty Two Week Low | 25.87 |
| Subseq Investment | 500 |
| Last Bull Mkt | 27.23% |
| As Of Date | 25th of February 2022 |
| Subseq Ira Investment | 5.0 |
| Init Ira Investment | 20.0 |
| Fifty Two Week High | 34.91 |
| One Month | 0.34% |
| Fifty Day Average | 27.55 |
| Subseq Aip Investment | 1.0 |
| Three Month | 0.75% |
| Beta In Three Year | 1.08 |
| Morning Star Risk Rating | 4.0 |
HCMAX [HCMAX] is traded in USA and was established 2000-12-29. The fund is listed under Large Value category and is part of Hillman Capital Management family. HCMAX currently have 232.89 M in assets under management (AUM). , while the total return for the last 3 years was 16.23%.
Check HCMAX Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on HCMAX Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding HCMAX Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as HCMAX Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top HCMAX Etf Constituents
| RIG | Transocean | Stock | Energy |
| FB | Meta Platforms | Stock | Internet Content & Information |
| HSY | Hershey Co | Stock | Consumer Staples |
| JWN | Nordstrom | Stock | Consumer Discretionary |
| INTC | Intel | Stock | Information Technology |
| JPM | JPMorgan Chase Co | Stock | Financials |
| SBUX | Starbucks | Stock | Consumer Discretionary |
HCMAX Target Price Odds Analysis
Based on a normal probability distribution, the odds of HCMAX jumping above the current price in 90 days from now is about 5.21%. The HCMAX probability density function shows the probability of HCMAX etf to fall within a particular range of prices over 90 days. Assuming the 90 days horizon HCMAX has a beta of -0.0762. This usually indicates as returns on the benchmark increase, returns on holding HCMAX are expected to decrease at a much lower rate. During a bear market, however, HCMAX is likely to outperform the market. Additionally, hCMAX has an alpha of 0.1254, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of HCMAX to move above the current price in 90 days from now is about 5.21 (This HCMAX probability density function shows the probability of HCMAX Etf to fall within a particular range of prices over 90 days) .
HCMAX Top Holders
| MHEFX | Mh Elite Fund | Mutual Fund | Allocation--85%+ Equity |
HCMAX Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. HCMAX market risk premium is the additional return an investor will receive from holding HCMAX long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HCMAX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although HCMAX's alpha and beta are two of the key measurements used to evaluate HCMAX's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.628 | |||
| Semi Deviation | 0.4378 | |||
| Standard Deviation | 0.8023 | |||
| Variance | 0.6437 |
HCMAX Against Markets
Picking the right benchmark for HCMAX etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HCMAX etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HCMAX is critical whether you are bullish or bearish towards HCMAX at a given time. Please also check how HCMAX's historical prices are related to one of the top price index indicators.
HCMAX Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HCMAX etf to make a market-neutral strategy. Peer analysis of HCMAX could also be used in its relative valuation, which is a method of valuing HCMAX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy HCMAX Etf?
Before investing in HCMAX, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HCMAX. To buy HCMAX etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of HCMAX. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase HCMAX etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located HCMAX etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased HCMAX etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as HCMAX, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in HCMAX?
The danger of trading HCMAX is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HCMAX is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HCMAX. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HCMAX is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether HCMAX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCMAX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hcmax Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Hcmax Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the HCMAX information on this page should be used as a complementary analysis to other HCMAX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of HCMAX is measured differently than its book value, which is the value of HCMAX that is recorded on the company's balance sheet. Investors also form their own opinion of HCMAX's value that differs from its market value or its book value, called intrinsic value, which is HCMAX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HCMAX's market value can be influenced by many factors that don't directly affect HCMAX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HCMAX's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCMAX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCMAX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.