Betapro Canadian Gold Etf Profile

HGU Etf  CAD 16.36  0.07  0.43%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
BetaPro Canadian is selling at 16.36 as of the 17th of June 2024; that is 0.43 percent increase since the beginning of the trading day. The etf's open price was 16.29. BetaPro Canadian has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for BetaPro Canadian Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of April 2024 and ending today, the 17th of June 2024. Click here to learn more.
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. More on BetaPro Canadian Gold

Moving against BetaPro Etf

  0.55HXD BetaPro SPTSX 60PairCorr
  0.48ZRR BMO Real ReturnPairCorr
  0.41HSU BetaPro SP 500PairCorr
  0.35HOD BetaPro Crude OilPairCorr

BetaPro 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 Canadian's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BetaPro Canadian or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationPassive Inverse/Leveraged, Horizons ETFs Management (Canada) Inc (View all Sectors)
Updated At16th of June 2024
BetaPro Canadian Gold [HGU] is traded in Canada and was established 2007-06-25. The fund is listed under Passive Inverse/Leveraged category and is part of Horizons ETFs Management (Canada) Inc family. BetaPro Canadian Gold currently have 90.51 M in assets under management (AUM). , while the total return for the last 3 years was -7.7%.
Check BetaPro Canadian Probability Of Bankruptcy

BetaPro Canadian Gold Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. BetaPro Canadian market risk premium is the additional return an investor will receive from holding BetaPro Canadian 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 Canadian. 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 Canadian's alpha and beta are two of the key measurements used to evaluate BetaPro Canadian's performance over the market, the standard measures of volatility play an important role as well.

BetaPro Canadian Gold Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. BetaPro Canadian Gold Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe BetaPro Canadian price patterns.

BetaPro Canadian Against Markets

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Our tools can tell you how much better you can do entering a position in BetaPro Canadian 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.

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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.