Betapro Canadian Gold Etf Analysis
| HGU Etf | CAD 23.63 0.57 2.47% |
BetaPro Canadian Gold is overvalued with Real Value of 21.91 and Hype Value of 23.42. The main objective of BetaPro Canadian etf analysis is to determine its intrinsic value, which is an estimate of what BetaPro Canadian Gold is worth, separate from its market price. There are two main types of BetaPro Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of BetaPro Canadian Gold. On the other hand, technical analysis, focuses on the price and volume data of BetaPro Etf to identify patterns and trends that may indicate its future price movements.
The BetaPro Canadian etf is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada.
BetaPro |
BetaPro Etf Analysis Notes
The fund has Annual Holdings Turnover of about 19.72% . BetaPro Canadian Gold retains all of the assets under management (AUM) in different types of exotic instruments. The investment seeks to replicate, before fees and expenses, twice the daily performance of the SPTSX Global Gold Index. BETAPRO CDN is traded on Toronto Stock Exchange in Canada. To learn more about BetaPro Canadian Gold call the company at NA or check out http://www.horizonsetfs.com/ETF/HGU.BetaPro Canadian Gold Investment Alerts
| BetaPro Canadian generated a negative expected return over the last 90 days | |
| BetaPro Canadian has high historical volatility and very poor performance | |
| Latest headline from news.google.com: BetaPro Canadian Gold Miners 2x Daily Bull ETF Trading Down 4.6 percent Should You Sell - Defense World | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Management Efficiency
BetaPro Canadian's management efficiency ratios could be used to measure how well BetaPro Canadian manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at BetaPro Canadian Gold is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 17.2 | Returns 5 Y 5.84 | Returns 1 Y 103.18 | Total Assets 109.7 M | Returns 10 Y 2.23 |
Technical Drivers
As of the 19th of January, BetaPro Canadian shows the Risk Adjusted Performance of 0.0026, standard deviation of 4.11, and Mean Deviation of 3.15. BetaPro Canadian Gold technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.BetaPro Canadian Gold Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. BetaPro Canadian middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for BetaPro Canadian Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
BetaPro Canadian Outstanding Bonds
BetaPro Canadian issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. BetaPro Canadian Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most BetaPro bonds can be classified according to their maturity, which is the date when BetaPro Canadian Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
BetaPro Canadian Predictive Daily Indicators
BetaPro Canadian intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of BetaPro Canadian etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
BetaPro Canadian Forecast Models
BetaPro Canadian's time-series forecasting models are one of many BetaPro Canadian's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary BetaPro Canadian's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About BetaPro Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how BetaPro Canadian prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling BetaPro shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as BetaPro Canadian. By using and applying BetaPro Etf analysis, traders can create a robust methodology for identifying BetaPro entry and exit points for their positions.
The investment seeks to replicate, before fees and expenses, twice the daily performance of the SPTSX Global Gold Index. BETAPRO CDN is traded on Toronto Stock Exchange in Canada.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding BetaPro Canadian to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
Other Information on Investing in BetaPro Etf
BetaPro Canadian 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 Canadian security.