Betapro Crude Oil Etf Analysis
HOD Etf | CAD 6.98 0.11 1.60% |
BetaPro Crude Oil is overvalued with Real Value of 6.48 and Hype Value of 6.99. The main objective of BetaPro Crude etf analysis is to determine its intrinsic value, which is an estimate of what BetaPro Crude Oil 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 Crude Oil. 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 Crude 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.
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BetaPro Etf Analysis Notes
The fund has Annual Holdings Turnover of about 713.24% . BetaPro Crude Oil retains all of the assets under management (AUM) in different types of exotic instruments. 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. To learn more about BetaPro Crude Oil call the company at 866-641-5739 or check out http://www.horizonsetfs.com/ETF/HOD.BetaPro Crude Oil Investment Alerts
BetaPro Crude Oil generated a negative expected return over the last 90 days | |
BetaPro Crude Oil has high historical volatility and very poor performance | |
Latest headline from news.google.com: Betapro Crude Oil 2X Daily Bear ETF Quote - Press Release - The Globe and Mail | |
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 |
Management Efficiency
BetaPro Crude's management efficiency ratios could be used to measure how well BetaPro Crude manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at BetaPro Crude Oil is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y (45.21) | Returns 5 Y (37.32) | Returns 1 Y (18.08) | Total Assets 46.2 M | Returns 10 Y (24.64) |
Top BetaPro Crude Oil Etf Constituents
Eldorado Gold Corporation, Ltd. | 7.39% |
Fairfax Financial Holdings Ltd | 7.44% |
Eldorado Gold Corp | 7.39% |
Kinross Gold Corporation | 9.15% |
NYMEX Crude Oil Index Forward | 49.59% |
Kinross Gold Corp | 9.15% |
Agnico-Eagle Mines | 7.96% |
Fairfax Financial Holdings, Ltd. | 7.44% |
Barrick Gold Corporation | 7.27% |
Agnico Eagle Mines Ltd | 7.96% |
Technical Drivers
As of the 1st of December, BetaPro Crude shows the Mean Deviation of 3.38, downside deviation of 3.98, and Risk Adjusted Performance of 0.0291. BetaPro Crude Oil 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 Crude Oil Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. BetaPro Crude 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 Crude Oil. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
BetaPro Crude Outstanding Bonds
BetaPro Crude 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 Crude Oil 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 Crude Oil 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.
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BetaPro Crude Predictive Daily Indicators
BetaPro Crude 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 Crude 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 Crude Forecast Models
BetaPro Crude's time-series forecasting models are one of many BetaPro Crude'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 Crude'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 Crude 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 Crude. 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 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.
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 Crude to your portfolios without increasing risk or reducing expected return.Did you try this?
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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.