BetaPro Gold One Year Return vs. Five Year Return
| HBU Etf | CAD 17.14 0.01 0.06% |
For BetaPro Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BetaPro Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BetaPro Gold Bullion utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BetaPro Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BetaPro Gold Bullion over time as well as its relative position and ranking within its peers.
BetaPro |
BetaPro Gold Bullion Five Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BetaPro Gold's current stock value. Our valuation model uses many indicators to compare BetaPro Gold value to that of its competitors to determine the firm's financial worth. BetaPro Gold Bullion is rated # 2 ETF in one year return as compared to similar ETFs. It is rated # 3 ETF in five year return as compared to similar ETFs reporting about 0.29 of Five Year Return per One Year Return. The ratio of One Year Return to Five Year Return for BetaPro Gold Bullion is roughly 3.40 . Comparative valuation analysis is a catch-all model that can be used if you cannot value BetaPro Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BetaPro Gold's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.BetaPro Five Year Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
BetaPro Gold |
| = | 42.80 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
BetaPro Gold |
| = | 12.60 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
BetaPro Five Year Return Comparison
BetaPro Gold is currently under evaluation in five year return as compared to similar ETFs.
BetaPro Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BetaPro Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BetaPro Gold will eventually generate negative long term returns. The profitability progress is the general direction of BetaPro Gold's change in net profit over the period of time. It can combine multiple indicators of BetaPro Gold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
HBU 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 Gold Front Month MD Rolling Futures Index ER. BETAPRO GOLD is traded on Toronto Stock Exchange in Canada.
BetaPro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BetaPro Gold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of BetaPro Gold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the BetaPro Gold's important profitability drivers and their relationship over time.
Use BetaPro Gold in pair-trading
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 Gold 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 Gold will appreciate offsetting losses from the drop in the long position's value.BetaPro Gold Pair Trading
BetaPro Gold Bullion Pair Trading Analysis
The ability to find closely correlated positions to BetaPro Gold 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 Gold 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 Gold - 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 Gold Bullion to buy it.
The correlation of BetaPro Gold 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 Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BetaPro Gold Bullion 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 Gold 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.Use Investing Themes to Complement your BetaPro Gold position
In addition to having BetaPro Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Developed Markets Basket ETFs Thematic Idea Now
Developed Markets Basket ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Developed Markets Basket ETFs Theme or any other thematic opportunities.
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Other Information on Investing in BetaPro Etf
To fully project BetaPro Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BetaPro Gold Bullion at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include BetaPro Gold's income statement, its balance sheet, and the statement of cash flows.