Betapro Natural Gas Etf Performance
| HNU Etf | CAD 44.55 7.70 14.74% |
The etf shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BetaPro Natural are expected to decrease at a much lower rate. During the bear market, BetaPro Natural is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in BetaPro Natural Gas are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, BetaPro Natural displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | TSX Today What to Watch for in Stocks on Thursday, November 7 - The Motley Fool Canada | 11/07/2024 |
2 | Betapro Nat Gas 2X Daily Bull ETF Quote - Press Release - The Globe and Mail | 11/27/2024 |
| In Threey Sharp Ratio | -0.18 |
BetaPro |
BetaPro Natural Relative Risk vs. Return Landscape
If you would invest 2,724 in BetaPro Natural Gas on October 21, 2024 and sell it today you would earn a total of 1,731 from holding BetaPro Natural Gas or generate 63.55% return on investment over 90 days. BetaPro Natural Gas is generating 1.1693% of daily returns assuming 8.8705% volatility of returns over the 90 days investment horizon. Simply put, 78% of all etfs have less volatile historical return distribution than BetaPro Natural, and 77% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BetaPro Natural Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaPro Natural's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaPro Natural Gas, and traders can use it to determine the average amount a BetaPro Natural'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 = 0.1318
| Best Portfolio | Best Equity | |||
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| Small Returns | HNU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.87 actual daily | 78 78% of assets are less volatile |
Expected Return
| 1.17 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average BetaPro Natural is performing at about 10% 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 Natural by adding it to a well-diversified portfolio.
BetaPro Natural Fundamentals Growth
BetaPro Etf prices reflect investors' perceptions of the future prospects and financial health of BetaPro Natural, and BetaPro Natural 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 | 60.44 M | |||
About BetaPro Natural Performance
By examining BetaPro Natural's fundamental ratios, stakeholders can obtain critical insights into BetaPro Natural'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 Natural 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.
The ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times the daily performance of the Horizons Natural Gas Rolling Futures Index. BETAPRO NAT is traded on Toronto Stock Exchange in Canada.| BetaPro Natural Gas is way too risky over 90 days horizon | |
| BetaPro Natural Gas appears to be risky and price may revert if volatility continues | |
| This fund generated-58.0 ten year return of -58.0% | |
| BetaPro Natural retains all of the assets under management (AUM) in different types of exotic instruments |
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.