Betapro Canadian Gold Etf Price on June 25, 2024
HGU Etf | CAD 23.42 0.65 2.85% |
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 23.42, as last reported on the 27th of November, with the highest price reaching 23.47 and the lowest price hitting 22.74 during the day.
If you're considering investing in BetaPro Etf, it is important to understand the factors that can impact its price. As of now, BetaPro Etf is not too volatile. BetaPro Canadian Gold secures Sharpe Ratio (or Efficiency) of 0.025, which signifies that the etf had a 0.025% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BetaPro Canadian Gold, which you can use to evaluate the volatility of the entity. Please confirm BetaPro Canadian's Mean Deviation of 2.89, risk adjusted performance of 0.011, and Downside Deviation of 3.68 to double-check if the risk estimate we provide is consistent with the expected return of 0.0979%.
BetaPro Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 58.86 | 200 Day MA 19.1461 | 1 y Volatility 63.37 | 50 Day MA 24.7368 | Inception Date 2007-06-25 |
BetaPro |
Sharpe Ratio = 0.025
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Estimated Market Risk
3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average BetaPro Canadian is performing at about 1% 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 CADÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
BetaPro Canadian Valuation on June 25, 2024
It is possible to determine the worth of BetaPro Canadian on a given historical date. On June 25, 2024 BetaPro was worth 16.86 at the beginning of the trading date compared to the closed value of 16.71. 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 | |
16.89 | 17.35 | 16.89 | 17.09 | 68,881 | |
06/25/2024 | 16.86 | 17.02 | 16.68 | 16.71 | 106,400 |
16.45 | 17.14 | 16.32 | 17.13 | 122,606 |
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BetaPro Canadian Trading Date Momentum on June 25, 2024
On June 26 2024 BetaPro Canadian Gold was traded for 17.13 at the closing time. The maximum traded price for the trading interval was 17.14 and the lowest daily price was 16.32 . The daily volume was recorded at 122.6 K. The volume of trading on 26th of June 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 2.51% . The overall trading delta to the closing price today is 12.69% . |
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
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.
Price Boundaries
BetaPro Canadian Period Price Range
Low | November 27, 2024
| 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 27, 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.
Risk Adjusted Performance | 0.011 | |||
Jensen Alpha | 0.0552 | |||
Total Risk Alpha | (0.59) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | (0.01) |
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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.