Betapro Natural Gas Etf Last Dividend Paid
| HND Etf | CAD 17.70 1.05 5.60% |
BetaPro Natural Gas fundamentals help investors to digest information that contributes to BetaPro Natural's financial success or failures. It also enables traders to predict the movement of BetaPro Etf. The fundamental analysis module provides a way to measure BetaPro Natural's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BetaPro Natural etf.
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BetaPro Natural Gas ETF Last Dividend Paid Analysis
BetaPro Natural's Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
More About Last Dividend Paid | All Equity Analysis
Last Dividend | = | Last Profit Distribution AmountTotal Shares |
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
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Based on the recorded statements, BetaPro Natural Gas has a Last Dividend Paid of 0.0. This indicator is about the same for the Horizons ETFs Management (Canada) Inc average (which is currently at 0.0) family and about the same as Passive Inverse/Leveraged (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
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BetaPro Fundamentals
| Price To Earning | 14.32 X | |||
| Total Asset | 21.01 M | |||
| One Year Return | (76.30) % | |||
| Three Year Return | (56.70) % | |||
| Five Year Return | (54.70) % | |||
| Ten Year Return | (29.70) % | |||
| Net Asset | 21.01 M |
About BetaPro Natural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BetaPro Natural Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BetaPro Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BetaPro Natural Gas based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with BetaPro Natural
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BetaPro Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BetaPro Natural will appreciate offsetting losses from the drop in the long position's value.Moving against BetaPro Etf
| 0.77 | HNU | BetaPro Natural Gas | PairCorr |
| 0.72 | HED | BetaPro SPTSX Capped | PairCorr |
| 0.45 | XIT | iShares SPTSX Capped | PairCorr |
| 0.43 | HAF | Global X Active | PairCorr |
| 0.41 | HXU | BetaPro SP TSX | PairCorr |
The ability to find closely correlated positions to BetaPro Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BetaPro Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BetaPro Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BetaPro Natural Gas to buy it.
The correlation of BetaPro Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BetaPro Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BetaPro Natural Gas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BetaPro Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.