Betapro Inverse Bitcoin Etf Performance
| BITI Etf | CAD 3.11 0.14 4.71% |
The etf shows a Beta (market volatility) of -1.02, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning BetaPro Inverse are expected to decrease slowly. On the other hand, during market turmoil, BetaPro Inverse is expected to outperform it slightly.
Risk-Adjusted Performance
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Over the last 90 days BetaPro Inverse Bitcoin has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Etf's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
| In Threey Sharp Ratio | -0.21 |
BetaPro |
BetaPro Inverse Relative Risk vs. Return Landscape
If you would invest 509.00 in BetaPro Inverse Bitcoin on August 28, 2024 and sell it today you would lose (198.00) from holding BetaPro Inverse Bitcoin or give up 38.9% of portfolio value over 90 days. BetaPro Inverse Bitcoin is generating negative expected returns and assumes 3.3953% volatility on return distribution over the 90 days horizon. Simply put, 30% of etfs are less volatile than BetaPro, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BetaPro Inverse Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaPro Inverse's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaPro Inverse Bitcoin, and traders can use it to determine the average amount a BetaPro Inverse'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 = -0.2121
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BITI |
Estimated Market Risk
| 3.4 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.72 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaPro Inverse 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 Inverse by adding BetaPro Inverse to a well-diversified portfolio.
BetaPro Inverse Fundamentals Growth
BetaPro Etf prices reflect investors' perceptions of the future prospects and financial health of BetaPro Inverse, and BetaPro Inverse 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 | 50.43 M | |||
About BetaPro Inverse Performance
By examining BetaPro Inverse's fundamental ratios, stakeholders can obtain critical insights into BetaPro Inverse'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 Inverse 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 INVERSE is traded on Toronto Stock Exchange in Canada.| BetaPro Inverse generated a negative expected return over the last 90 days | |
| BetaPro Inverse has high historical volatility and very poor performance | |
| The fund generated three year return of -34.0% | |
| BetaPro Inverse Bitcoin holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in BetaPro Etf
BetaPro Inverse 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 Inverse security.