Betapro Gold Bullion Etf Performance
| HBU Etf | CAD 17.29 0.19 1.11% |
The etf shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BetaPro Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding BetaPro Gold is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in BetaPro Gold Bullion are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, BetaPro Gold may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| In Threey Sharp Ratio | 0.57 |
BetaPro |
BetaPro Gold Relative Risk vs. Return Landscape
If you would invest 1,575 in BetaPro Gold Bullion on September 3, 2024 and sell it today you would earn a total of 154.00 from holding BetaPro Gold Bullion or generate 9.78% return on investment over 90 days. BetaPro Gold Bullion is generating 0.1654% of daily returns assuming 1.9829% volatility of returns over the 90 days investment horizon. Simply put, 17% of all etfs have less volatile historical return distribution than BetaPro Gold, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BetaPro Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaPro Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaPro Gold Bullion, and traders can use it to determine the average amount a BetaPro Gold'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 = 0.0834
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average BetaPro Gold is performing at about 6% 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 Gold by adding it to a well-diversified portfolio.
BetaPro Gold Fundamentals Growth
BetaPro Etf prices reflect investors' perceptions of the future prospects and financial health of BetaPro Gold, and BetaPro Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BetaPro Etf performance.
| Total Asset | 21.43 M | |||
About BetaPro Gold Performance
By examining BetaPro Gold's fundamental ratios, stakeholders can obtain critical insights into BetaPro Gold'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 Gold 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.
HBU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times the daily performance of the Solactive Gold Front Month MD Rolling Futures Index ER. BETAPRO GOLD is traded on Toronto Stock Exchange in Canada.| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in BetaPro Etf
BetaPro Gold 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 Gold security.