Betapro Sptsx 60 Etf Price on December 20, 2023
HXD Etf | CAD 4.51 0.02 0.44% |
If you're considering investing in BetaPro Etf, it is important to understand the factors that can impact its price. As of today, the current price of BetaPro SPTSX stands at 4.51, as last reported on the 23rd of November, with the highest price reaching 4.52 and the lowest price hitting 4.49 during the day. BetaPro SPTSX 60 secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the etf had a -0.24% return per unit of risk over the last 3 months. BetaPro SPTSX 60 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BetaPro SPTSX's Mean Deviation of 0.8688, standard deviation of 1.09, and Risk Adjusted Performance of (0.18) 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.
BetaPro |
Sharpe Ratio = -0.2404
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Estimated Market Risk
1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaPro SPTSX 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 SPTSX by adding BetaPro SPTSX to a well-diversified portfolio.
BetaPro SPTSX Valuation on December 20, 2023
It is possible to determine the worth of BetaPro SPTSX on a given historical date. On December 20, 2023 BetaPro was worth 6.47 at the beginning of the trading date compared to the closed value of 6.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaPro SPTSX etf. Still, in general, we apply an absolute valuation method to find BetaPro SPTSX'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 SPTSX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaPro SPTSX's related companies.
Open | High | Low | Close | Volume | |
6.56 | 6.57 | 6.47 | 6.49 | 609,900 | |
12/20/2023 | 6.47 | 6.62 | 6.45 | 6.62 | 671,200 |
6.59 | 6.59 | 6.50 | 6.52 | 91,000 |
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BetaPro SPTSX Trading Date Momentum on December 20, 2023
On December 21 2023 BetaPro SPTSX 60 was traded for 6.52 at the closing time. The maximum traded price for the trading interval was 6.59 and the lowest daily price was 6.50 . The daily volume was recorded at 91 K. The volume of trading on 21st of December 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.51% . The overall trading delta to the closing price today is 1.36% . |
BetaPro SPTSX 60 Fundamentals Correlations and Trends
By evaluating BetaPro SPTSX'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 SPTSX'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 SPTSX Etf history
BetaPro SPTSX 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 SPTSX 60 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 SPTSX stock prices may prove useful in developing a viable investing in BetaPro SPTSX
HXD 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 SPTSX 60 Index. BETAPRO SP is traded on Toronto Stock Exchange in Canada.
BetaPro SPTSX Etf Technical Analysis
BetaPro SPTSX 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 SPTSX Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
BetaPro SPTSX 60 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 SPTSX November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaPro SPTSX 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 SPTSX shares will generate the highest return on investment. By undertsting and applying BetaPro SPTSX etf market strength indicators, traders can identify BetaPro SPTSX 60 entry and exit signals to maximize returns
BetaPro SPTSX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaPro SPTSX'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 | (0.18) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | 0.6817 |
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Math Operators | ||
Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in BetaPro Etf
BetaPro SPTSX 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 SPTSX security.