Betapro Natural Gas Etf Price on June 11, 2024
| HNU Etf | CAD 30.91 1.51 5.14% |
Below is the normalized historical share price chart for BetaPro Natural Gas extending back to January 16, 2008. 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 Natural stands at 30.91, as last reported on the 30th of November, with the highest price reaching 31.35 and the lowest price hitting 29.69 during the day.
If you're considering investing in BetaPro Etf, it is important to understand the factors that can impact its price. BetaPro Natural is out of control given 3 months investment horizon. BetaPro Natural Gas secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the etf had a 0.13% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 16.05% are justified by taking the suggested risk. Use BetaPro Natural Risk Adjusted Performance of 0.1057, mean deviation of 34.5, and Downside Deviation of 7.27 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.
3 y Volatility 141.7 | 200 Day MA 3.6047 | 1 y Volatility 94.98 | 50 Day MA 3.1168 | Inception Date 2008-01-15 |
BetaPro |
Sharpe Ratio = 0.1272
| Best Portfolio | Best Equity | HNU | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 126.15 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
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average BetaPro Natural is performing at about 10% 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 Natural by adding it to a well-diversified portfolio.
Average Mkt Cap Mil CADÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
BetaPro Natural Valuation on June 11, 2024
It is possible to determine the worth of BetaPro Natural on a given historical date. On June 11, 2024 BetaPro was worth 6.13 at the beginning of the trading date compared to the closed value of 6.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaPro Natural etf. Still, in general, we apply an absolute valuation method to find BetaPro Natural'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 Natural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaPro Natural's related companies.
| Open | High | Low | Close | Volume | |
| 6.21 | 6.34 | 5.51 | 5.80 | 7,046,300 | |
06/11/2024 | 6.13 | 6.54 | 6.00 | 6.54 | 6,826,500 |
| 6.24 | 6.46 | 6.00 | 6.15 | 4,441,800 |
| Backtest BetaPro Natural | | | BetaPro Natural History | | | BetaPro Natural Valuation | Previous | Next |
BetaPro Natural Trading Date Momentum on June 11, 2024
| On June 12 2024 BetaPro Natural Gas was traded for 6.15 at the closing time. The maximum traded price for the trading interval was 6.46 and the lowest daily price was 6.00 . The daily volume was recorded at 4.4 M. The volume of trading on 12th of June 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.96% . The overall trading delta to the closing price today is 20.80% . |
BetaPro Natural Gas Fundamentals Correlations and Trends
By evaluating BetaPro Natural'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 Natural'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 Natural Etf history
BetaPro Natural 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 Natural Gas 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 Natural stock prices may prove useful in developing a viable investing in BetaPro Natural
The ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times the daily performance of the Horizons Natural Gas Rolling Futures Index. BETAPRO NAT is traded on Toronto Stock Exchange in Canada.
BetaPro Natural Etf Technical Analysis
BetaPro Natural 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 Natural Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
BetaPro Natural Gas 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 Natural November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaPro Natural 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 Natural shares will generate the highest return on investment. By undertsting and applying BetaPro Natural etf market strength indicators, traders can identify BetaPro Natural Gas entry and exit signals to maximize returns
BetaPro Natural Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaPro Natural'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 | 0.1057 | |||
| Jensen Alpha | 19.69 | |||
| Total Risk Alpha | (5.95) | |||
| Sortino Ratio | 2.43 | |||
| Treynor Ratio | (1.22) |
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Other Information on Investing in BetaPro Etf
BetaPro Natural 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 Natural security.