Betapro Equal Weight Etf Price on October 31, 2023
| HBKU Etf | 29.13 0.12 0.41% |
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 Equal stands at 29.13, as last reported on the 4th of December, with the highest price reaching 29.32 and the lowest price hitting 29.05 during the day. BetaPro Equal appears to be very steady, given 3 months investment horizon. BetaPro Equal Weight secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the etf had a 0.31% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for BetaPro Equal Weight, which you can use to evaluate the volatility of the entity. Please makes use of BetaPro Equal's Mean Deviation of 0.6621, standard deviation of 1.08, and Risk Adjusted Performance of 0.2411 to double-check if our risk estimates are consistent with your expectations.
BetaPro Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
BetaPro |
Sharpe Ratio = 0.3107
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HBKU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average BetaPro Equal is performing at about 24% of its full potential. 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 Equal by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 98.6 K |
BetaPro Equal Valuation on October 31, 2023
It is possible to determine the worth of BetaPro Equal on a given historical date. On October 31, 2023 BetaPro was worth 14.11 at the beginning of the trading date compared to the closed value of 14.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaPro Equal etf. Still, in general, we apply an absolute valuation method to find BetaPro Equal'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 Equal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaPro Equal's related companies.
| Open | High | Low | Close | Volume | |
| 14.43 | 14.43 | 14.43 | 14.43 | 1.00 | |
10/31/2023 | 14.11 | 14.11 | 14.10 | 14.10 | 1,200 |
| 14.10 | 14.10 | 14.10 | 14.10 | 1.00 |
| Backtest BetaPro Equal | | | BetaPro Equal History | | | BetaPro Equal Valuation | Previous | Next |
BetaPro Equal Trading Date Momentum on October 31, 2023
| On November 01 2023 BetaPro Equal Weight was traded for 14.10 at the closing time. The highest price during the trading period was 14.10 and the lowest recorded bid was listed for 14.10 . There was no trading activity during the period 1.0. Lack of trading volume on November 1, 2023 did not affect price variability. The overall trading delta to the current price is 8.87% . |
About BetaPro Equal Etf history
BetaPro Equal 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 Equal Weight 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 Equal stock prices may prove useful in developing a viable investing in BetaPro Equal
BetaPro Equal Etf Technical Analysis
BetaPro Equal 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 Equal Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
BetaPro Equal Weight 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 Equal December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaPro Equal 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 Equal shares will generate the highest return on investment. By undertsting and applying BetaPro Equal etf market strength indicators, traders can identify BetaPro Equal Weight entry and exit signals to maximize returns
BetaPro Equal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaPro Equal'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 | 0.2411 | |||
| Jensen Alpha | 0.308 | |||
| Total Risk Alpha | 0.1802 | |||
| Treynor Ratio | 1.89 |
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Other Information on Investing in BetaPro Etf
BetaPro Equal 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 Equal security.