BetaPro NASDAQ Competition

Etfs . Canada . 
Etf . BetaPro NASDAQ 100 2x
HQU Etf  CAD 23.81  0.28  1.19%   
BetaPro NASDAQ 100 competes with BetaPro SPTSX, IShares Canadian, PHN Multi, Altagas Cum, and EcoSynthetix; as well as few others. Analyzing BetaPro NASDAQ competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of BetaPro NASDAQ to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out BetaPro NASDAQ Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of BetaPro NASDAQ competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
21.4923.5325.57
Details
Intrinsic
Valuation
LowRealHigh
19.4321.4725.88
Details

BetaPro NASDAQ Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BetaPro NASDAQ and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of BetaPro and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of BetaPro NASDAQ 100 does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.85
CRM
CRM
+ 0.79
T
XOM
+ 0.72
META
JPM
+ 0.69
F
XOM
+ 0.65
CRM
CRM
+ 0.64
META
  
High negative correlations   
MRK
- 0.91
CRM
MRK
- 0.83
JPM
MRK
- 0.78
T
JPM
- 0.62
A
XOM
- 0.56
MRK
MRK
- 0.53
META

BetaPro NASDAQ Competition Risk-Adjusted Indicators

There is a big difference between BetaPro Etf performing well and BetaPro NASDAQ ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze BetaPro NASDAQ's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.06  0.06  0.02  0.20  1.40 
(1.15)
 2.62 
(3.15)
 8.02 
MSFT  0.92 (0.05)(0.05) 0.05  1.49 
(0.89)
 2.09 
(1.85)
 8.19 
UBER  1.62 (0.12)(0.05) 0.00  2.30 
(1.74)
 2.69 
(2.53)
 20.10 
F  1.43 (0.15)(0.04) 0.02  2.20 
(1.42)
 2.53 
(2.90)
 11.21 
T  0.92  0.28  0.15 (7.88) 0.85 
(1.05)
 2.56 
(1.72)
 6.47 
A  1.17 (0.09) 0.00 (0.05) 0.00 
 0.00 
 2.71 
(2.42)
 9.02 
CRM  1.34  0.21  0.16  0.30  1.16 
(1.53)
 3.18 
(1.93)
 9.09 
JPM  1.12 (0.01) 0.06  0.11  1.40 
(1.21)
 2.05 
(2.00)
 15.87 
MRK  0.91 (0.21) 0.00 (0.74) 0.00 
 0.00 
 2.00 
(2.13)
 4.89 
XOM  1.01 (0.05)(0.08) 0.02  1.33 
(1.07)
 2.10 
(2.09)
 5.74 
All Fundamental Data

BetaPro NASDAQ Competitive Analysis

The better you understand BetaPro NASDAQ competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BetaPro NASDAQ's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across BetaPro NASDAQ's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
HQU HED FINC ZUAG-U XHB EDGF SOLR 0P0000OXA6 ALA-PA ECO
 1.19 
 23.81 
BetaPro
 0.77 
 23.19 
BetaPro
 0.41 
 21.62 
Forstrong
 0.23 
 30.36 
BMO
 1.07 
 19.91 
IShares
 1.61 
 10.71 
Brompton
 16.67 
 0.04 
Solar
 0.73 
 28.83 
PHN
 0.15 
 19.65 
Altagas
 1.00 
 3.96 
EcoSynthetix
Market Volatility
(90 Days Market Risk)
Very steady
Out of control
Very steady
Very steady
Very steady
Not too volatile
Out of control
Very steady
Very steady
Slightly risky
Market Performance
(90 Days Performance)
OK
OK
OK
Very Weak
Good
Very Weak
Very Weak
Solid
Modest
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Unknown
About Average
Low
About Average
Very High
Low
Low
Quite High
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Sell
Hold
Cautious Hold
Hold
Hold
Strong Sell
Strong Buy
Cautious Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
0.19
N/A
N/A
30.53
Net Asset
152.71 M
3.05 M
N/A
430.05 M
N/A
1.8 M
5.64 B
21.59 B
42.84 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
-0.0107
N/A
0.0239
-0.11
EBITDA
N/A
N/A
N/A
N/A
N/A
(762.93 K)
N/A
1.14 B
(3.24 M)
Price To Book
N/A
1.31
N/A
N/A
N/A
93.97
N/A
N/A
4.21
Operating Margin
N/A
N/A
N/A
N/A
N/A
-0.7
N/A
0.0733
-0.0573
Current Valuation
N/A
N/A
N/A
N/A
N/A
8.9 M
N/A
N/A
187.91 M
Five Year Return
27.5
-56.1
N/A
2.9
N/A
N/A
8.42
N/A
N/A
Retained Earnings
N/A
N/A
N/A
N/A
N/A
(68.87 M)
N/A
N/A
(459.55 M)
One Year Return
52.2
-26.8
N/A
12.5
N/A
N/A
-0.8
N/A
N/A
Beta
N/A
N/A
N/A
0.94
0.95
1.32
N/A
1.32
0.86
Equity Positions Weight
100.0
100.0
N/A
N/A
N/A
N/A
98.42
N/A
N/A
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
N/A
1.58
N/A
N/A
Number Of Employees
N/A
1
N/A
1
N/A
N/A
N/A
2.93 K
25
Shares Outstanding
N/A
N/A
N/A
N/A
N/A
294.19 M
N/A
N/A
58.61 M
Three Year Return
5.3
-46.0
N/A
2.4
N/A
N/A
5.68
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
97.33 K
N/A
738 M
316.99 K
Annual Yield
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0524
N/A
Total Debt
N/A
N/A
N/A
N/A
N/A
137.5 K
N/A
7.68 B
584.36 K
Return On Equity
N/A
N/A
N/A
N/A
N/A
-6.84
N/A
0.0477
-0.0429
Bond Positions Weight
N/A
N/A
N/A
97.03
N/A
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
50.99
N/A
30.71
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
N/A
N/A
-0.25
N/A
0.0273
-0.0579
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
1.21 K
N/A
8.1 K
399.87 K
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
-0.007
N/A
24.88
0.68
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
500
N/A
N/A
Total Asset
152.71 M
3.05 M
N/A
430.05 M
N/A
1.8 M
5.64 B
21.59 B
42.84 M
Last Dividend Paid
N/A
N/A
N/A
0.065
N/A
N/A
N/A
1.05
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
0.58
N/A
1.62
11.05
Target Price
N/A
N/A
N/A
N/A
N/A
1.15
N/A
N/A
8.39
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2.7
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
52.87
14.73
Market Capitalization
N/A
N/A
N/A
N/A
N/A
10.3 M
N/A
N/A
234.43 M
Price To Earning
N/A
84.51
N/A
N/A
N/A
N/A
N/A
N/A
-18.42
Price To Sales
N/A
1.95
N/A
N/A
N/A
1.19
N/A
N/A
14.7
Net Income
N/A
N/A
N/A
N/A
N/A
(1.81 M)
N/A
283 M
(2.82 M)
Earnings Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.89
-0.04
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
42.24
N/A
N/A
14.48
Revenue
N/A
N/A
N/A
N/A
N/A
7.47 M
N/A
10.57 B
12.66 M
Ten Year Return
25.9
-35.3
N/A
3.5
N/A
N/A
N/A
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
(2.31 M)
N/A
N/A
36.96 M
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
403.2 K
N/A
N/A
44.59 M
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.76
Gross Profit
N/A
N/A
N/A
N/A
N/A
663.58 K
N/A
2.87 B
4.15 M
Day Typical Price
23.68
23.22
21.62
30.36
19.87
10.71
0.0333
28.83
19.62
3.93
Accumulation Distribution
13432.55
126.52
N/A
N/A
62.14
N/A
34102.0
N/A
30.53
175.06
Daily Balance Of Power
0.6364
(0.62)
(9,223,372,036,855)
9.2 T
1.615385
9.2 T
1.0
9.2 T
0.375
(0.33)
Period Momentum Indicator
0.28
(0.18)
(0.09)
0.07
0.21
0.17
0.005
0.21
0.03
(0.04)
Rate Of Daily Change
1.01
0.99
1.0
1.0
1.01
1.02
1.17
1.01
1.0
0.99
Day Median Price
23.62
23.24
21.62
30.36
19.85
10.71
0.0325
28.83
19.61
3.92
Price Action Indicator
0.33
(0.13)
(0.04)
0.035
0.17
0.085
0.005
0.1
0.055
0.02
Relative Strength Index
70.04
48.1
57.36
12.25
72.59
63.94
44.23
73.41
48.79
36.66
Coefficient Of Variation
1303.02
806.01
1001.74
(2,242)
762.76
4494.15
(48,960)
482.51
1811.75
12231.42
Mean Deviation
1.5
14.81
0.108
0.1444
0.1965
0.8213
6.36
0.5093
0.5239
1.51
Jensen Alpha
(0)
8.24
0.0127
(0.03)
0.0084
(0)
0.0733
0.1257
0.0175
0.0671
Total Risk Alpha
(0.17)
(1.63)
(0.02)
(0.07)
(0.01)
(0.17)
(1.90)
0.0313
(0.08)
(0.30)
Sortino Ratio
0.0165
2.68
N/A
N/A
(0.41)
(0.06)
N/A
0.036
(0.11)
(0.05)
Downside Variance
6.51
7.68
N/A
N/A
0.0523
2.86
N/A
0.512
0.5713
4.2
Standard Deviation
2.18
60.95
0.2582
0.3129
0.2454
1.26
12.36
0.7292
0.7108
2.04
Kurtosis
1.65
65.66
11.6
12.27
(0.06)
1.25
1.21
3.83
0.9515
1.15
Potential Upside
3.14
5.28
0.3705
0.4568
0.5092
2.2
25.0
1.15
1.15
3.84
Treynor Ratio
0.1141
(1.27)
0.5952
(2.55)
0.1857
0.0915
0.0375
1.06
0.2863
(0.01)
Maximum Drawdown
10.37
13.53
2.23
2.35
1.07
6.42
50.0
4.34
3.73
11.63
Variance
4.76
3715.37
0.0667
0.0979
0.0602
1.58
152.86
0.5317
0.5053
4.14
Market Risk Adjusted Performance
0.1241
(1.26)
0.6052
(2.54)
0.1957
0.1015
0.0475
1.07
0.2963
(0)
Risk Adjusted Performance
0.0653
0.1049
0.0568
(0.05)
0.0792
0.021
0.0078
0.1583
0.0415
0.0125
Skewness
(0.59)
8.09
0.6384
(1.99)
0.5027
(0.40)
0.4358
0.5676
(0.27)
(0.05)
Semi Deviation
2.33
0.535
N/A
N/A
0.0476
1.13
N/A
0.4513
0.6455
1.9
Information Ratio
0.0193
0.122
(0.39)
(0.45)
(0.38)
(0.08)
(0.01)
0.0353
(0.12)
(0.05)
Value At Risk
(4.91)
(4.22)
N/A
(0.46)
(0.31)
(1.86)
(20.00)
(1.18)
(1.45)
(3.00)
Expected Short fall
(1.43)
(19.80)
N/A
N/A
(0.26)
(1.21)
N/A
(0.56)
(0.62)
(1.74)
Downside Deviation
2.55
2.77
N/A
N/A
0.2286
1.69
N/A
0.7155
0.7558
2.05
Semi Variance
5.44
0.2863
N/A
N/A
0.0023
1.27
N/A
0.2036
0.4167
3.6

BetaPro NASDAQ Competition Performance Charts

Five steps to successful analysis of BetaPro NASDAQ Competition

BetaPro NASDAQ's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by BetaPro NASDAQ 100 in relation to its competition. BetaPro NASDAQ's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of BetaPro NASDAQ in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact BetaPro NASDAQ's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BetaPro NASDAQ 100, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your BetaPro NASDAQ position

In addition to having BetaPro NASDAQ in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Processed Foods Thematic Idea Now

Processed Foods
Processed Foods Theme
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Processed Foods Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in BetaPro Etf

BetaPro NASDAQ financial ratios help investors to determine whether BetaPro 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 BetaPro with respect to the benefits of owning BetaPro NASDAQ security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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