BetaPro Crude Ownership
HOU Etf | CAD 11.55 0.39 3.49% |
BetaPro |
BetaPro Etf Ownership Analysis
The fund has Annual Holdings Turnover of about 1.69% . BetaPro Crude Oil retains all of the assets under management (AUM) in different types of exotic instruments. HOU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times the daily performance of the Solactive Light Sweet Crude Oil Front Month MD Rolling Futures Index ER. BETAPRO CRUDE is traded on Toronto Stock Exchange in Canada. To learn more about BetaPro Crude Oil call the company at 866-641-5739 or check out http://www.horizonsetfs.com/ETF/HOU.Top BetaPro Crude Oil Etf Constituents
Eldorado Gold Corporation, Ltd. | 11.01% |
Research in Motion, Ltd. | 7.15% |
Teck Cominco | 6.08% |
Storm Exploration Inc. | 4.64% |
Kinross Gold Corporation | 10.569999% |
Suncor Energy, Inc. | 4.6% |
NYMEX Crude Oil Index Forward | 27.1% |
Agnico-Eagle Mines | 12.68% |
Barrick Gold Corporation | 4.8600003% |
Talisman Energy, Inc. | 4.1500002% |
BetaPro Crude Outstanding Bonds
BetaPro Crude issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. BetaPro Crude Oil uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most BetaPro bonds can be classified according to their maturity, which is the date when BetaPro Crude Oil has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Valero Energy Partners Corp BondUS91914JAA07 | View | |
MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
MPLX LP 52 Corp BondUS55336VAL45 | View |
Pair Trading with BetaPro Crude
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BetaPro Crude position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BetaPro Crude will appreciate offsetting losses from the drop in the long position's value.Moving against BetaPro Etf
0.98 | HOD | BetaPro Crude Oil | PairCorr |
0.48 | HGU | BetaPro Canadian Gold | PairCorr |
0.47 | HQD | BetaPro NASDAQ 100 | PairCorr |
0.46 | HSD | BetaPro SP 500 | PairCorr |
0.43 | ZGD | BMO Equal Weight | PairCorr |
The ability to find closely correlated positions to BetaPro Crude could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BetaPro Crude when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BetaPro Crude - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BetaPro Crude Oil to buy it.
The correlation of BetaPro Crude is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BetaPro Crude moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BetaPro Crude Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BetaPro Crude can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BetaPro Etf
BetaPro Crude 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 Crude security.