Betapro Sp Tsx Etf Performance
| HFD Etf | CAD 6.45 0.02 0.31% |
The etf shows a Beta (market volatility) of -1.19, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BetaPro SP are expected to decrease by larger amounts. On the other hand, during market turmoil, BetaPro SP is expected to outperform it.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in BetaPro SP TSX are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, BetaPro SP is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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BetaPro SP Relative Risk vs. Return Landscape
If you would invest 629.00 in BetaPro SP TSX on December 21, 2024 and sell it today you would earn a total of 16.00 from holding BetaPro SP TSX or generate 2.54% return on investment over 90 days. BetaPro SP TSX is generating 0.0552% of daily returns assuming 1.6961% volatility of returns over the 90 days investment horizon. Simply put, 15% 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 TSX, 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 = 0.0326
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| Cash | Small Risk | HFD | High Risk | Huge Risk |
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Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average BetaPro SP is performing at about 2% 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 SP by adding it 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 | 12.72 X | |||
| Total Asset | 11.19 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 replicate, before fees and expenses, twice the inverse of the daily performance of the SPTSX Capped Financials Index. BETAPRO SP is traded on Toronto Stock Exchange in Canada.| This fund generated-23.0 ten year return of -23.0% | |
| 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.