Betapro Silver 2x Etf Price on November 4, 2024
| HZD Etf | CAD 7.46 0.19 2.48% |
Below is the normalized historical share price chart for BetaPro Silver 2x extending back to July 06, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BetaPro Silver stands at 7.46, as last reported on the 2nd of December, with the highest price reaching 7.47 and the lowest price hitting 7.40 during the day.
If you're considering investing in BetaPro Etf, it is important to understand the factors that can impact its price. BetaPro Silver 2x secures Sharpe Ratio (or Efficiency) of -0.0656, which signifies that the etf had a -0.0656% return per unit of risk over the last 3 months. BetaPro Silver 2x exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BetaPro Silver's Standard Deviation of 4.03, mean deviation of 3.06, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
BetaPro Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 51.63 | 200 Day MA 9.3235 | 1 y Volatility 43.06 | 50 Day MA 7.0512 | Inception Date 2009-06-29 |
BetaPro |
Sharpe Ratio = -0.0656
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Estimated Market Risk
| 3.98 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaPro Silver 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 Silver by adding BetaPro Silver to a well-diversified portfolio.
Average Mkt Cap Mil CADÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
BetaPro Silver Valuation on November 4, 2024
It is possible to determine the worth of BetaPro Silver on a given historical date. On November 4, 2024 BetaPro was worth 6.59 at the beginning of the trading date compared to the closed value of 6.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BetaPro Silver etf. Still, in general, we apply an absolute valuation method to find BetaPro Silver's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BetaPro Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BetaPro Silver's related companies.
| Open | High | Low | Close | Volume | |
| 6.47 | 6.73 | 6.46 | 6.72 | 57,900 | |
11/04/2024 | 6.59 | 6.75 | 6.58 | 6.68 | 20,800 |
| 6.53 | 6.64 | 6.52 | 6.62 | 11,500 |
| Backtest BetaPro Silver | | | BetaPro Silver History | | | BetaPro Silver Valuation | Previous | Next |
BetaPro Silver Trading Date Momentum on November 4, 2024
| On November 05 2024 BetaPro Silver 2x was traded for 6.62 at the closing time. The maximum traded price for the trading interval was 6.64 and the lowest daily price was 6.52 . The daily volume was recorded at 11.5 K. The volume of trading on 5th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.90% . The overall trading delta to the closing price today is 14.22% . |
BetaPro Silver 2x Fundamentals Correlations and Trends
By evaluating BetaPro Silver's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BetaPro Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BetaPro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BetaPro Silver Etf history
BetaPro Silver investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BetaPro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BetaPro Silver 2x will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BetaPro Silver stock prices may prove useful in developing a viable investing in BetaPro Silver
HZD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times the inverse of the daily performance of the Solactive Silver Front Month MD Rolling Futures Index ER. BETAPRO SILVER is traded on Toronto Stock Exchange in Canada.
BetaPro Silver Etf Technical Analysis
BetaPro Silver technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
BetaPro Silver Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
BetaPro Silver 2x cannot be verified against its exchange. 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.
BetaPro Silver December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how BetaPro Silver etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BetaPro Silver shares will generate the highest return on investment. By undertsting and applying BetaPro Silver etf market strength indicators, traders can identify BetaPro Silver 2x entry and exit signals to maximize returns
BetaPro Silver Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BetaPro Silver's price direction in advance. Along with the technical and fundamental analysis of BetaPro Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BetaPro to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0337 | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | 0.1008 |
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Other Information on Investing in BetaPro Etf
BetaPro Silver 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 Silver security.