Betapro Silver 2x Etf Price on December 4, 2024
| HZU Etf | CAD 28.64 0.61 2.18% |
Below is the normalized historical share price chart for BetaPro Silver 2x extending back to June 30, 2009. 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 Silver stands at 28.64, as last reported on the 4th of December, with the highest price reaching 29.05 and the lowest price hitting 28.40 during the day.
If you're considering investing in BetaPro Etf, it is important to understand the factors that can impact its price. BetaPro Silver appears to be not too volatile, given 3 months investment horizon. BetaPro Silver 2x secures Sharpe Ratio (or Efficiency) of 0.0619, which signifies that the etf had a 0.0619% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BetaPro Silver 2x, which you can use to evaluate the volatility of the entity. Please makes use of BetaPro Silver's Downside Deviation of 4.08, risk adjusted performance of 0.0509, and Mean Deviation of 3.07 to double-check if our risk estimates are consistent with your expectations.
BetaPro Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 52.64 | 200 Day MA 26.6527 | 1 y Volatility 47.47 | 50 Day MA 29.8638 | Inception Date 2009-06-29 |
BetaPro |
Sharpe Ratio = 0.0619
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HZU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.03 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average BetaPro Silver is performing at about 4% 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 Silver by adding it to a well-diversified portfolio.
Average Mkt Cap Mil CADÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
BetaPro Silver Valuation on December 4, 2024
It is possible to determine the worth of BetaPro Silver on a given historical date. On December 4, 2024 BetaPro was worth 28.47 at the beginning of the trading date compared to the closed value of 28.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaPro Silver etf. Still, in general, we apply an absolute valuation method to find BetaPro Silver'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 Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaPro Silver's related companies.
| Open | High | Low | Close | Volume | |
| 27.94 | 28.13 | 27.49 | 28.03 | 92,900 | |
12/04/2024 | 28.47 | 29.05 | 28.40 | 28.64 | 86,409 |
| Backtest BetaPro Silver | | | BetaPro Silver History | | | BetaPro Silver Valuation | Previous |
BetaPro Silver Trading Date Momentum on December 4, 2024
| On December 04 2024 BetaPro Silver 2x was traded for 28.64 at the closing time. The maximum traded price for the trading interval was 29.05 and the lowest daily price was 28.40 . The daily volume was recorded at 86.4 K. The volume of trading on 4th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 0.59% . |
BetaPro Silver 2x Fundamentals Correlations and Trends
By evaluating BetaPro Silver'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 Silver'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 Silver Etf history
BetaPro Silver 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 Silver 2x 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 Silver stock prices may prove useful in developing a viable investing in BetaPro Silver
The investment seeks to replicate, net of expenses, two times the daily performance of the COMEX Silver futures contract for the next delivery month. BETAPRO SILVER is traded on Toronto Stock Exchange in Canada.
BetaPro Silver Etf Technical Analysis
BetaPro Silver 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 Silver Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
BetaPro Silver 2x 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 Silver December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaPro Silver 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 Silver shares will generate the highest return on investment. By undertsting and applying BetaPro Silver etf market strength indicators, traders can identify BetaPro Silver 2x entry and exit signals to maximize returns
BetaPro Silver Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaPro Silver'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 | 0.0509 | |||
| Jensen Alpha | 0.0834 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0281 | |||
| Treynor Ratio | 0.1674 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in BetaPro Etf
BetaPro Silver 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 Silver security.