BetaPro NASDAQ Financials
| HQD Etf | CAD 10.68 0.02 0.19% |
3 y Sharp Ratio (0.42) |
BetaPro |
The data published in BetaPro NASDAQ's official financial statements typically reflect BetaPro NASDAQ's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving BetaPro NASDAQ's quantitative information. For example, before you start analyzing numbers published by BetaPro accountants, it's essential to understand BetaPro NASDAQ's liquidity, profitability, and earnings quality within the context of the Horizons ETFs Management (Canada) Inc space in which it operates.
BetaPro NASDAQ Etf Summary
BetaPro NASDAQ competes with BetaPro Crude, and BetaPro SP. HQD 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 NASDAQ-100 Index. BETAPRO NASDAQ is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA08662N1015 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Horizons ETFs Management (Canada) Inc |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 641 5739 |
| Currency | CAD - Canadian Dollar |
BetaPro Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BetaPro NASDAQ's current stock value. Our valuation model uses many indicators to compare BetaPro NASDAQ value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BetaPro NASDAQ competition to find correlations between indicators driving BetaPro NASDAQ's intrinsic value. More Info.BetaPro NASDAQ 100 2x is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.22 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for BetaPro NASDAQ 100 2x is roughly 4.64 . Comparative valuation analysis is a catch-all model that can be used if you cannot value BetaPro NASDAQ by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BetaPro NASDAQ'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 NASDAQ 100 Systematic Risk
BetaPro NASDAQ's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BetaPro NASDAQ volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on BetaPro NASDAQ 100 correlated with the market. If Beta is less than 0 BetaPro NASDAQ generally moves in the opposite direction as compared to the market. If BetaPro NASDAQ Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BetaPro NASDAQ 100 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BetaPro NASDAQ is generally in the same direction as the market. If Beta > 1 BetaPro NASDAQ moves generally in the same direction as, but more than the movement of the benchmark.
BetaPro NASDAQ November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of BetaPro NASDAQ help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BetaPro NASDAQ 100 2x. We use our internally-developed statistical techniques to arrive at the intrinsic value of BetaPro NASDAQ 100 2x based on widely used predictive technical indicators. In general, we focus on analyzing BetaPro Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BetaPro NASDAQ's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.8 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.82 |
Other Information on Investing in BetaPro Etf
BetaPro NASDAQ 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 NASDAQ security.