Betapro Sp Tsx Etf Price on November 22, 2024
HFD Etf | CAD 6.15 0.04 0.65% |
Below is the normalized historical share price chart for BetaPro SP TSX extending back to June 12, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BetaPro SP stands at 6.15, as last reported on the 23rd of November, with the highest price reaching 6.18 and the lowest price hitting 6.15 during the day.
If you're considering investing in BetaPro Etf, it is important to understand the factors that can impact its price. BetaPro SP TSX secures Sharpe Ratio (or Efficiency) of -0.37, which signifies that the etf had a -0.37% return per unit of risk over the last 3 months. BetaPro SP TSX exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BetaPro SP's Risk Adjusted Performance of (0.28), standard deviation of 1.19, and Mean Deviation of 0.938 to double-check the risk estimate we provide.
BetaPro Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 31.78 | 200 Day MA 8.4704 | 1 y Volatility 25.4 | 50 Day MA 6.7866 | Inception Date 2007-06-11 |
BetaPro |
Sharpe Ratio = -0.3661
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Negative Returns | HFD |
Estimated Market Risk
1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.37 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaPro SP is not performing at its full potential. However, 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 BetaPro SP to a well-diversified portfolio.
Average Mkt Cap Mil 86.3 K |
BetaPro SP Valuation on November 22, 2024
It is possible to determine the worth of BetaPro SP on a given historical date. On November 22, 2024 BetaPro was worth 6.18 at the beginning of the trading date compared to the closed value of 6.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaPro SP etf. Still, in general, we apply an absolute valuation method to find BetaPro SP's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BetaPro SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaPro SP's related companies.
Open | High | Low | Close | Volume | |
6.30 | 6.30 | 6.16 | 6.19 | 41,375 | |
11/22/2024 | 6.18 | 6.18 | 6.15 | 6.15 | 1,854 |
6.18 | 6.18 | 6.15 | 6.15 | 0.00 |
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BetaPro SP Trading Date Momentum on November 22, 2024
On November 23 2024 BetaPro SP TSX was traded for 6.15 at the closing time. The maximum traded price for the trading interval was 6.18 and the lowest daily price was 6.15 . There was no trading activity during the period 0.0. Lack of trading volume on 23rd of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.49% . |
BetaPro SP TSX Fundamentals Correlations and Trends
By evaluating BetaPro SP's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BetaPro SP's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BetaPro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BetaPro SP Etf history
BetaPro SP investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BetaPro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BetaPro SP TSX will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BetaPro SP stock prices may prove useful in developing a viable investing in BetaPro SP
BetaPro SP Etf Technical Analysis
BetaPro SP technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
BetaPro SP Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
BetaPro SP TSX cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BetaPro SP November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaPro SP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BetaPro SP shares will generate the highest return on investment. By undertsting and applying BetaPro SP etf market strength indicators, traders can identify BetaPro SP TSX entry and exit signals to maximize returns
BetaPro SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaPro SP's price direction in advance. Along with the technical and fundamental analysis of BetaPro Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BetaPro to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.28) | |||
Jensen Alpha | (0.40) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | 1.04 |
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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.