Betapro Canadian Gold Etf Price on April 17, 2024

HGD Etf  CAD 27.53  0.42  1.50%   
Below is the normalized historical share price chart for BetaPro Canadian Gold extending back to June 26, 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 Canadian stands at 27.53, as last reported on the 30th of November, with the highest price reaching 27.99 and the lowest price hitting 27.21 during the day.
3 y Volatility
54.81
200 Day MA
3.6506
1 y Volatility
53.55
50 Day MA
2.8298
Inception Date
2007-06-25
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in BetaPro Etf, it is important to understand the factors that can impact its price. BetaPro Canadian is out of control given 3 months investment horizon. BetaPro Canadian Gold secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the etf had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 15.65% are justified by taking the suggested risk. Use BetaPro Canadian Risk Adjusted Performance of 0.1032, coefficient of variation of 820.1, and Mean Deviation of 32.67 to evaluate company specific risk that cannot be diversified away.
  
BetaPro Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1241

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Estimated Market Risk

 126.07
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average BetaPro Canadian is performing at about 9% 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 Canadian by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
CAD -
Market Capitalisation
{Big=-, Small=-, Mega=-, Medium=-, Micro=-}

Related Headline

BetaPro Crude Headline on 17th of April 2024

Betapro Crude Oil 2X Daily Bear ETF Quote - Press Release The Globe and Mail

BetaPro Canadian Valuation on April 17, 2024

It is possible to determine the worth of BetaPro Canadian on a given historical date. On April 17, 2024 BetaPro was worth 4.21 at the beginning of the trading date compared to the closed value of 4.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaPro Canadian etf. Still, in general, we apply an absolute valuation method to find BetaPro Canadian'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 Canadian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaPro Canadian's related companies.
 Open High Low Close Volume
  4.14    4.34    4.13    4.18    1,192,900  
04/17/2024
  4.21    4.21    4.01    4.13    641,400  
  4.04    4.14    4.00    4.01    888,400  
Backtest BetaPro Canadian  |  BetaPro Canadian History  |  BetaPro Canadian Valuation   PreviousNext  
Open Value
4.21
4.13
Closing Value
382.43
Upside

BetaPro Canadian Trading Date Momentum on April 17, 2024

On April 18 2024 BetaPro Canadian Gold was traded for  4.01  at the closing time. The maximum traded price for the trading interval was 4.14  and the lowest daily price was  4.00 . The daily volume was recorded at 888.4 K. The volume of trading on 18th of April 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.91% . The overall trading delta to the closing price today is 5.57% .

BetaPro Canadian Gold Fundamentals Correlations and Trends

By evaluating BetaPro Canadian'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 Canadian'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 Canadian Etf history

BetaPro Canadian 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 Canadian Gold 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 Canadian stock prices may prove useful in developing a viable investing in BetaPro Canadian
HGD 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 Solactive Canadian Gold Miners Index. BETAPRO CDN is traded on Toronto Stock Exchange in Canada.

BetaPro Canadian Etf Technical Analysis

BetaPro Canadian 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.
A focus of BetaPro Canadian technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BetaPro Canadian trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

BetaPro Canadian Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

BetaPro Canadian Gold 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 Canadian November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how BetaPro Canadian 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 Canadian shares will generate the highest return on investment. By undertsting and applying BetaPro Canadian etf market strength indicators, traders can identify BetaPro Canadian Gold entry and exit signals to maximize returns

BetaPro Canadian Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BetaPro Canadian'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.

Other Information on Investing in BetaPro Etf

BetaPro Canadian 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 Canadian security.