Betapro Sp 500 Etf Profile

HIU Etf  CAD 11.93  0.07  0.58%   

Performance

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Odds Of Distress

Less than 9

 
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BetaPro SP is selling at 11.93 as of the 29th of March 2024; that is -0.58 percent decrease since the beginning of the trading day. The etf's open price was 12.0. BetaPro SP has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for BetaPro SP 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
The investment seeks to replicate, net of expenses, the inverse daily performance of the SP 500 Index. BETAPRO SP500 is traded on Toronto Stock Exchange in Canada. More on BetaPro SP 500

Moving together with BetaPro Etf

  0.9HNU BetaPro Natural GasPairCorr
  0.98HSD BetaPro SP 500PairCorr
  0.84HXD BetaPro SPTSX 60PairCorr

Moving against BetaPro Etf

  0.97HQU BetaPro NASDAQ-100PairCorr
  0.97HSU BetaPro SP 500PairCorr
  0.89HOU BetaPro Crude OilPairCorr
  0.84HXU BetaPro SP TSXPairCorr
  0.59HPF Energy Leaders PlusPairCorr

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 SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BetaPro SP 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 At28th of March 2024
BetaPro SP 500 [HIU] is traded in Canada and was established 2010-02-03. The fund is listed under Passive Inverse/Leveraged category and is part of Horizons ETFs Management (Canada) Inc family. BetaPro SP 500 currently have 26.06 M in assets under management (AUM). , while the total return for the last 3 years was -9.1%.
Check BetaPro SP Probability Of Bankruptcy

BetaPro SP Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of BetaPro SP jumping above the current price in 90 days from now is under 95%. The BetaPro SP 500 probability density function shows the probability of BetaPro SP etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon BetaPro SP 500 has a beta of -0.8853. This usually indicates Additionally, betaPro SP 500 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 11.93HorizonTargetOdds Above 11.93
5.74%90 days
 11.93 
94.15%
Based on a normal probability distribution, the odds of BetaPro SP to move above the current price in 90 days from now is under 95 (This BetaPro SP 500 probability density function shows the probability of BetaPro Etf to fall within a particular range of prices over 90 days) .

BetaPro SP 500 Risk Profiles

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

BetaPro SP 500 Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. BetaPro SP 500 Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe BetaPro SP price patterns.

BetaPro SP Against Markets

Picking the right benchmark for BetaPro SP 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 SP 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 SP is critical whether you are bullish or bearish towards BetaPro SP 500 at a given time. Please also check how BetaPro SP's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BetaPro SP 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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Technical Analysis

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How to buy BetaPro Etf?

Before investing in BetaPro SP, 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 SP. To buy BetaPro SP etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of BetaPro SP. 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 SP etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located BetaPro SP 500 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 SP 500 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 SP 500, 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 SP 500?

The danger of trading BetaPro SP 500 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 SP 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 SP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BetaPro SP 500 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 SP 500. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running BetaPro SP's price analysis, check to measure BetaPro SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BetaPro SP is operating at the current time. Most of BetaPro SP's value examination focuses on studying past and present price action to predict the probability of BetaPro SP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BetaPro SP's price. Additionally, you may evaluate how the addition of BetaPro SP to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between BetaPro SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BetaPro SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BetaPro SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.