Betapro Gold Bullion Etf Buy Hold or Sell Recommendation
| HBD Etf | CAD 21.85 0.59 2.78% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding BetaPro Gold Bullion is 'Strong Sell'. The recommendation algorithm takes into account all of BetaPro Gold's available fundamental, technical, and predictive indicators you will find on this site.
Check out BetaPro Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as BetaPro and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards BetaPro Gold Bullion. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
BetaPro |
Execute BetaPro Gold Buy or Sell Advice
The BetaPro recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BetaPro Gold Bullion. Macroaxis does not own or have any residual interests in BetaPro Gold Bullion or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BetaPro Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
BetaPro Gold Trading Alerts and Improvement Suggestions
| BetaPro Gold Bullion generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: On The My Stocks Page - Stock Traders Daily | |
| This fund generated-18.0 ten year return of -18.0% | |
| BetaPro Gold retains all of the assets under management (AUM) in different types of exotic instruments |
BetaPro Gold Returns Distribution Density
The distribution of BetaPro Gold's historical returns is an attempt to chart the uncertainty of BetaPro Gold's future price movements. The chart of the probability distribution of BetaPro Gold daily returns describes the distribution of returns around its average expected value. We use BetaPro Gold Bullion price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BetaPro Gold returns is essential to provide solid investment advice for BetaPro Gold.
| Mean Return | -0.25 | Value At Risk | -3.29 | Potential Upside | 3.55 | Standard Deviation | 2.05 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BetaPro Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
BetaPro Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to BetaPro Gold or Horizons ETFs Management (Canada) Inc sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that BetaPro Gold's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a BetaPro etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.92 | |
Ir | Information ratio | -0.12 |
BetaPro Gold Volatility Alert
BetaPro Gold Bullion exhibits very low volatility with skewness of 0.78 and kurtosis of 1.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure BetaPro Gold's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BetaPro Gold's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.BetaPro Gold Fundamentals Vs Peers
Comparing BetaPro Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze BetaPro Gold's direct or indirect competition across all of the common fundamentals between BetaPro Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as BetaPro Gold or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of BetaPro Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing BetaPro Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare BetaPro Gold to competition |
| Fundamentals | BetaPro Gold | Peer Average |
| Price To Earning | 16.89 X | 3.15 X |
| One Year Return | (47.90) % | (0.97) % |
| Three Year Return | (21.70) % | 3.23 % |
| Five Year Return | (21.30) % | 1.12 % |
| Ten Year Return | (17.60) % | 1.20 % |
| Net Asset | 1.56 M | 2.29 B |
BetaPro Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as BetaPro . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About BetaPro Gold Buy or Sell Advice
When is the right time to buy or sell BetaPro Gold Bullion? Buying financial instruments such as BetaPro Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having BetaPro Gold 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds 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 Junk Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in BetaPro Etf
BetaPro Gold 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 Gold security.