Betapro Sp 500 Etf Performance
| HSD Etf | CAD 14.86 0.16 1.07% |
The etf shows a Beta (market volatility) of -1.0, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning BetaPro SP are expected to decrease slowly. On the other hand, during market turmoil, BetaPro SP is expected to outperform it slightly.
Risk-Adjusted Performance
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Over the last 90 days BetaPro SP 500 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Etf's fundamental indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
1 | Baird starts ResMed at outperform, cites growing sleep apnea market - MSN | 09/25/2024 |
| In Threey Sharp Ratio | -0.42 |
BetaPro |
BetaPro SP Relative Risk vs. Return Landscape
If you would invest 1,751 in BetaPro SP 500 on August 31, 2024 and sell it today you would lose (249.00) from holding BetaPro SP 500 or give up 14.22% of portfolio value over 90 days. BetaPro SP 500 is producing return of less than zero assuming 1.437% volatility of returns over the 90 days investment horizon. Simply put, 12% of all etfs have less volatile historical return distribution than BetaPro SP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BetaPro SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaPro SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaPro SP 500, and traders can use it to determine the average amount a BetaPro SP's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1649
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HSD |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaPro SP 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 SP by adding BetaPro SP to a well-diversified portfolio.
BetaPro SP Fundamentals Growth
BetaPro Etf prices reflect investors' perceptions of the future prospects and financial health of BetaPro SP, and BetaPro SP fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BetaPro Etf performance.
| Price To Earning | 19.07 X | |||
| Price To Book | 2.68 X | |||
| Price To Sales | 1.86 X | |||
| Total Asset | 56.86 M | |||
About BetaPro SP Performance
By examining BetaPro SP's fundamental ratios, stakeholders can obtain critical insights into BetaPro SP's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that BetaPro SP is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The investment seeks to provide daily investment results, before fees and expenses that correspond to two times the inverse of the daily performance of the SP 500 index. BETAPRO SP500 is traded on Toronto Stock Exchange in Canada.| BetaPro SP 500 generated a negative expected return over the last 90 days | |
| This fund generated-26.0 ten year return of -26.0% | |
| BetaPro SP retains all of its assets under management (AUM) in equities |
Other Information on Investing in BetaPro Etf
BetaPro SP 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 SP security.