BetaPro Inverse Financials
| BITI Etf | CAD 20.35 1.17 5.44% |
3 y Sharp Ratio (0.41) |
BetaPro |
The data published in BetaPro Inverse's official financial statements typically reflect BetaPro Inverse's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving BetaPro Inverse's quantitative information. For example, before you start analyzing numbers published by BetaPro accountants, it's essential to understand BetaPro Inverse's liquidity, profitability, and earnings quality within the context of the Horizons ETFs Management (Canada) Inc space in which it operates.
BetaPro Inverse Etf Summary
BetaPro Inverse competes with BetaPro Gold, BetaPro NASDAQ, BetaPro SP, BetaPro SP, and BetaPro SP. BETAPRO INVERSE is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA0866241031 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Horizons ETFs Management (Canada) Inc |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
BetaPro Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BetaPro Inverse's current stock value. Our valuation model uses many indicators to compare BetaPro Inverse value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BetaPro Inverse competition to find correlations between indicators driving BetaPro Inverse's intrinsic value. More Info.BetaPro Inverse Bitcoin is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value BetaPro Inverse by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BetaPro Inverse's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.BetaPro Inverse Bitcoin Systematic Risk
BetaPro Inverse's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BetaPro Inverse volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on BetaPro Inverse Bitcoin correlated with the market. If Beta is less than 0 BetaPro Inverse generally moves in the opposite direction as compared to the market. If BetaPro Inverse Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BetaPro Inverse Bitcoin is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BetaPro Inverse is generally in the same direction as the market. If Beta > 1 BetaPro Inverse moves generally in the same direction as, but more than the movement of the benchmark.
BetaPro Inverse December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of BetaPro Inverse help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BetaPro Inverse Bitcoin. We use our internally-developed statistical techniques to arrive at the intrinsic value of BetaPro Inverse Bitcoin based on widely used predictive technical indicators. In general, we focus on analyzing BetaPro Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BetaPro Inverse's daily price indicators and compare them against related drivers.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 16.91 | |||
| Value At Risk | (5.87) | |||
| Potential Upside | 3.54 |
Other Information on Investing in BetaPro Etf
BetaPro Inverse 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 Inverse security.