Betapro Sptsx Capped Etf Performance
| HFU Etf | CAD 32.55 0.15 0.46% |
The etf shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BetaPro SPTSX's returns are expected to increase less than the market. However, during the bear market, the loss of holding BetaPro SPTSX is expected to be smaller as well.
Risk-Adjusted Performance
29 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in BetaPro SPTSX Capped are ranked lower than 29 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, BetaPro SPTSX displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.37 |
BetaPro |
BetaPro SPTSX Relative Risk vs. Return Landscape
If you would invest 2,516 in BetaPro SPTSX Capped on August 31, 2024 and sell it today you would earn a total of 739.00 from holding BetaPro SPTSX Capped or generate 29.37% return on investment over 90 days. BetaPro SPTSX Capped is generating 0.4223% of daily returns assuming 1.1182% volatility of returns over the 90 days investment horizon. Simply put, 9% of all etfs have less volatile historical return distribution than BetaPro SPTSX, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BetaPro SPTSX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaPro SPTSX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaPro SPTSX Capped, and traders can use it to determine the average amount a BetaPro SPTSX'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 = 0.3777
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.38 actual daily | 29 71% of assets perform better |
Based on monthly moving average BetaPro SPTSX is performing at about 29% 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 SPTSX by adding it to a well-diversified portfolio.
BetaPro SPTSX Fundamentals Growth
BetaPro Etf prices reflect investors' perceptions of the future prospects and financial health of BetaPro SPTSX, and BetaPro SPTSX 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 | 22.58 M | |||
About BetaPro SPTSX Performance
By examining BetaPro SPTSX's fundamental ratios, stakeholders can obtain critical insights into BetaPro SPTSX'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 SPTSX 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.
HFU 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 SPTSX Capped Financials Index. BETAPRO SP is traded on Toronto Stock Exchange in Canada.| The fund retains all of its assets under management (AUM) in equities |
Other Information on Investing in BetaPro Etf
BetaPro SPTSX 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 SPTSX security.