Betapro Silver 2x Etf Profile
| HZU Etf | CAD 30.24 0.39 1.31% |
Performance18 of 100
| Odds Of DistressLess than 9
|
BetaPro Silver is selling at 30.24 as of the 26th of May 2024; that is 1.31% increase since the beginning of the trading day. The etf's open price was 29.85. BetaPro Silver has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for BetaPro Silver 2x are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of April 2024 and ending today, the 26th of May 2024. Click here to learn more.
The investment seeks to replicate, net of expenses, two times the daily performance of the COMEX Silver futures contract for the next delivery month. BETAPRO SILVER is traded on Toronto Stock Exchange in Canada. More on BetaPro Silver 2x
Moving together with BetaPro Etf
| 0.95 | HGU | BetaPro Canadian Gold | PairCorr |
Moving against BetaPro Etf
| 0.82 | HED | BetaPro SPTSX Capped | PairCorr |
| 0.8 | XIT | iShares SPTSX Capped | PairCorr |
| 0.53 | HXD | BetaPro SPTSX 60 | PairCorr |
| 0.48 | HOD | BetaPro Crude Oil | PairCorr |
BetaPro Silver 2x cannot be verified against its exchange. It appears that BetaPro Silver is not available for investing at the moment. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshBetaPro Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BetaPro Silver's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BetaPro Silver or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Passive Inverse/Leveraged, Horizons ETFs Management (Canada) Inc (View all Sectors) |
| Updated At | 24th of May 2024 |
BetaPro Silver 2x [HZU] is traded in Canada and was established 2009-06-29. The fund is listed under Passive Inverse/Leveraged category and is part of Horizons ETFs Management (Canada) Inc family. BetaPro Silver 2x currently have 31.02 M in assets under management (AUM). , while the total return for the last 3 years was -9.4%.
Check BetaPro Silver Probability Of Bankruptcy
BetaPro Silver 2x Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. BetaPro Silver market risk premium is the additional return an investor will receive from holding BetaPro Silver long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BetaPro Silver. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BetaPro Silver's alpha and beta are two of the key measurements used to evaluate BetaPro Silver's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.97 | |||
| Semi Deviation | 2.89 | |||
| Standard Deviation | 4.01 | |||
| Variance | 16.05 |
BetaPro Silver 2x Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. BetaPro Silver 2x Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe BetaPro Silver price patterns.
BetaPro Silver Against Markets
Picking the right benchmark for BetaPro Silver etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BetaPro Silver etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BetaPro Silver is critical whether you are bullish or bearish towards BetaPro Silver 2x at a given time. Please also check how BetaPro Silver's historical prices are related to one of the top price index indicators.
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Be your own money manager
Our tools can tell you how much better you can do entering a position in BetaPro Silver without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy BetaPro Etf?
Before investing in BetaPro Silver, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BetaPro Silver. To buy BetaPro Silver etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BetaPro Silver. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BetaPro Silver etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BetaPro Silver 2x etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BetaPro Silver 2x etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as BetaPro Silver 2x, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in BetaPro Silver 2x?
The danger of trading BetaPro Silver 2x is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BetaPro Silver is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BetaPro Silver. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BetaPro Silver 2x is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BetaPro Silver 2x. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..