Betapro Sptsx 60 Etf Analysis

HXD Etf  CAD 22.13  0.17  0.76%   
BetaPro SPTSX 60 is overvalued with Real Value of 20.94 and Hype Value of 22.13. The main objective of BetaPro SPTSX etf analysis is to determine its intrinsic value, which is an estimate of what BetaPro SPTSX 60 is worth, separate from its market price. There are two main types of BetaPro Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of BetaPro SPTSX 60. On the other hand, technical analysis, focuses on the price and volume data of BetaPro Etf to identify patterns and trends that may indicate its future price movements.
The BetaPro SPTSX etf is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BetaPro SPTSX 60. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

BetaPro Etf Analysis Notes

The fund has Annual Holdings Turnover of about 39.33% . BetaPro SPTSX 60 retains all of assets under management (AUM) in equities. HXD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times the inverse of the daily performance of the SPTSX 60 Index. BETAPRO SP is traded on Toronto Stock Exchange in Canada. To learn more about BetaPro SPTSX 60 call the company at 866-641-5739 or check out http://www.horizonsetfs.com/ETF/HXD.

BetaPro SPTSX 60 Investment Alerts

BetaPro SPTSX 60 generated a negative expected return over the last 90 days
This fund generated-20.0 ten year return of -20.0%
BetaPro SPTSX retains all of its assets under management (AUM) in equities

Management Efficiency

BetaPro SPTSX's management efficiency ratios could be used to measure how well BetaPro SPTSX manages its routine affairs as well as how well it operates its assets and liabilities.
Leadership effectiveness at BetaPro SPTSX 60 is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y
(14.77)
Returns 5 Y
(24.57)
Returns 1 Y
(35.67)
Total Assets
21.1 M
Returns 10 Y
(19.60)

Technical Drivers

As of the 1st of December, BetaPro SPTSX shows the Standard Deviation of 1.05, risk adjusted performance of (0.22), and Mean Deviation of 0.8217. BetaPro SPTSX 60 technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.

BetaPro SPTSX 60 Price Movement Analysis

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BetaPro SPTSX Outstanding Bonds

BetaPro SPTSX 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 SPTSX 60 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 SPTSX 60 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.

BetaPro SPTSX Predictive Daily Indicators

BetaPro SPTSX intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of BetaPro SPTSX etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

BetaPro SPTSX Forecast Models

BetaPro SPTSX's time-series forecasting models are one of many BetaPro SPTSX's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary BetaPro SPTSX's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About BetaPro Etf Analysis

Etf analysis is the technique used by a trader or investor to examine and evaluate how BetaPro SPTSX prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling BetaPro shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as BetaPro SPTSX. By using and applying BetaPro Etf analysis, traders can create a robust methodology for identifying BetaPro entry and exit points for their positions.
HXD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times the inverse of the daily performance of the SPTSX 60 Index. BETAPRO SP is traded on Toronto Stock Exchange in Canada.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding BetaPro SPTSX to your portfolios without increasing risk or reducing expected return.

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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.