Betapro Equal Weight Etf Performance
| HBKU Etf | 26.04 0.22 0.85% |
The etf shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BetaPro Equal's returns are expected to increase less than the market. However, during the bear market, the loss of holding BetaPro Equal is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days BetaPro Equal Weight has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
BetaPro |
BetaPro Equal Relative Risk vs. Return Landscape
If you would invest 2,867 in BetaPro Equal Weight on December 24, 2024 and sell it today you would lose (263.00) from holding BetaPro Equal Weight or give up 9.17% of portfolio value over 90 days. BetaPro Equal Weight is generating negative expected returns and assumes 1.2902% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than BetaPro, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BetaPro Equal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaPro Equal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaPro Equal Weight, and traders can use it to determine the average amount a BetaPro Equal'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 = -0.1177
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HBKU |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaPro Equal 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 Equal by adding BetaPro Equal to a well-diversified portfolio.
About BetaPro Equal Performance
By examining BetaPro Equal's fundamental ratios, stakeholders can obtain critical insights into BetaPro Equal'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 Equal 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.
BetaPro Equal is entity of Canada. It is traded as Etf on TO exchange.| BetaPro Equal Weight generated a negative expected return over the last 90 days |
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.