Betapro Inverse Bitcoin Etf Price on April 25, 2024
BITI Etf | CAD 22.30 0.19 0.86% |
If you're considering investing in BetaPro Etf, it is important to understand the factors that can impact its price. As of today, the current price of BetaPro Inverse stands at 22.30, as last reported on the 1st of January, with the highest price reaching 22.40 and the lowest price hitting 20.91 during the day. BetaPro Inverse Bitcoin secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the etf had a -0.17% return per unit of risk over the last 3 months. BetaPro Inverse Bitcoin exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BetaPro Inverse's Standard Deviation of 3.7, risk adjusted performance of (0.10), and Mean Deviation of 2.87 to double-check the risk estimate we provide.
BetaPro Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
BetaPro |
Sharpe Ratio = -0.1667
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Estimated Market Risk
3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.63 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaPro Inverse is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BetaPro Inverse by adding BetaPro Inverse to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
BetaPro Inverse Main Headline on 25th of April 2024
Closing Bell Betapro Inverse Bitcoin ETF USD up on Tuesday -... by news.google.com
Closing Bell Betapro Inverse Bitcoin ETF USD up on Tuesday The Globe and Mail
BetaPro Inverse Valuation on April 25, 2024
It is possible to determine the worth of BetaPro Inverse on a given historical date. On April 25, 2024 BetaPro was worth 36.05 at the beginning of the trading date compared to the closed value of 35.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaPro Inverse etf. Still, in general, we apply an absolute valuation method to find BetaPro Inverse's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BetaPro Inverse where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaPro Inverse's related companies.
Open | High | Low | Close | Volume | |
34.51 | 35.56 | 34.30 | 35.56 | 40,871 | |
04/25/2024 | 36.05 | 36.19 | 34.86 | 35.00 | 18,614 |
35.21 | 35.84 | 34.93 | 35.56 | 17,171 |
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BetaPro Inverse Trading Date Momentum on April 25, 2024
On April 26 2024 BetaPro Inverse Bitcoin was traded for 35.56 at the closing time. The highest price during the trading period was 35.84 and the lowest recorded bid was listed for 34.93 . The volume for the day was 17.2 K. This history from April 26, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 1.60% . The overall trading delta to the current price is 1.60% . |
BetaPro Inverse Bitcoin Fundamentals Correlations and Trends
By evaluating BetaPro Inverse's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BetaPro Inverse's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BetaPro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BetaPro Inverse Etf history
BetaPro Inverse investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BetaPro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BetaPro Inverse Bitcoin will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BetaPro Inverse stock prices may prove useful in developing a viable investing in BetaPro Inverse
BetaPro Inverse Etf Technical Analysis
BetaPro Inverse technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
BetaPro Inverse Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
BetaPro Inverse Bitcoin cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BetaPro Inverse January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how BetaPro Inverse etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BetaPro Inverse shares will generate the highest return on investment. By undertsting and applying BetaPro Inverse etf market strength indicators, traders can identify BetaPro Inverse Bitcoin entry and exit signals to maximize returns
BetaPro Inverse Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaPro Inverse's price direction in advance. Along with the technical and fundamental analysis of BetaPro Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BetaPro to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.10) | |||
Jensen Alpha | (0.51) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | (2.37) |
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Volume Indicators |
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.