Betapro Equal Weight Etf Performance
| HBKU Etf | 29.25 0.13 0.45% |
The etf shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BetaPro Equal's returns are expected to increase less than the market. However, during the bear market, the loss of holding BetaPro Equal is expected to be smaller as well.
Risk-Adjusted Performance
25 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in BetaPro Equal Weight are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, BetaPro Equal displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
BetaPro |
BetaPro Equal Relative Risk vs. Return Landscape
If you would invest 2,353 in BetaPro Equal Weight on September 5, 2024 and sell it today you would earn a total of 572.00 from holding BetaPro Equal Weight or generate 24.31% return on investment over 90 days. BetaPro Equal Weight is generating 0.3463% of daily returns and assumes 1.0908% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than BetaPro, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BetaPro Equal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaPro Equal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaPro Equal Weight, and traders can use it to determine the average amount a BetaPro Equal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3175
| Best Portfolio | Best Equity | |||
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| Small Returns | HBKU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average BetaPro Equal is performing at about 25% 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 Equal by adding it to a well-diversified portfolio.
About BetaPro Equal Performance
By examining BetaPro Equal's fundamental ratios, stakeholders can obtain critical insights into BetaPro Equal's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that BetaPro Equal is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
BetaPro Equal is entity of Canada. It is traded as Etf on TO exchange.