Betapro Crude Oil Etf Performance
| HOD Etf | CAD 7.02 0.04 0.57% |
The etf shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BetaPro Crude's returns are expected to increase less than the market. However, during the bear market, the loss of holding BetaPro Crude is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days BetaPro Crude Oil has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
| In Threey Sharp Ratio | -1.01 |
BetaPro |
BetaPro Crude Relative Risk vs. Return Landscape
If you would invest 791.00 in BetaPro Crude Oil on September 4, 2024 and sell it today you would lose (89.00) from holding BetaPro Crude Oil or give up 11.25% of portfolio value over 90 days. BetaPro Crude Oil is producing return of less than zero assuming 4.1946% volatility of returns over the 90 days investment horizon. Simply put, 37% of all etfs have less volatile historical return distribution than BetaPro Crude, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BetaPro Crude Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaPro Crude's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaPro Crude Oil, and traders can use it to determine the average amount a BetaPro Crude'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 = -0.024
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HOD |
Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaPro Crude 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 Crude by adding BetaPro Crude to a well-diversified portfolio.
BetaPro Crude Fundamentals Growth
BetaPro Etf prices reflect investors' perceptions of the future prospects and financial health of BetaPro Crude, and BetaPro Crude 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.
| Price To Earning | 19.44 X | |||
| Price To Book | 1.40 X | |||
| Price To Sales | 1.15 X | |||
| Total Asset | 40.49 M | |||
About BetaPro Crude Performance
By examining BetaPro Crude's fundamental ratios, stakeholders can obtain critical insights into BetaPro Crude'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 Crude 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 investment seeks to replicate two times the inverse of the daily performance, net of expenses, of the NYMEX light sweet crude oil futures contract for the next delivery month. BETAPRO CRUDE is traded on Toronto Stock Exchange in Canada.| BetaPro Crude Oil generated a negative expected return over the last 90 days | |
| BetaPro Crude Oil has high historical volatility and very poor performance | |
| BetaPro Crude has annual holdings turnover of about 713.24% suggesting active trading | |
| The entity retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in BetaPro Etf
BetaPro Crude 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 Crude security.