Betapro OTC Stock Market Value

HZNSF
 Stock
  

USD 8.07  0.00  0.00%   

Betapro Canadian's market value is the price at which a share of Betapro Canadian stock trades on a public exchange. It measures the collective expectations of Betapro Canadian Gold investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Betapro Canadian Gold and determine expected loss or profit from investing in Betapro Canadian over a given investment horizon. Please check Betapro Canadian Correlation, Betapro Canadian Volatility and Betapro Canadian Alpha and Beta module to complement your research on Betapro Canadian.
Symbol


Please note, there is a significant difference between Betapro Canadian's value and its price as these two are different measures arrived at by different means. Investors typically determine Betapro Canadian value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Betapro Canadian'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.

Betapro Canadian 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Betapro Canadian's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Betapro Canadian.
0.00
12/09/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
11/29/2022
0.00
If you would invest  0.00  in Betapro Canadian on December 9, 2020 and sell it all today you would earn a total of 0.00 from holding Betapro Canadian Gold or generate 0.0% return on investment in Betapro Canadian over 720 days. Betapro Canadian is related to or competes with Alphabet, Microsoft Corp, Exxon, Unitedhealth, Apple, Bristol Myer, and FUBON FINANCIAL. BetaPro Canadian Gold Miners 2x Daily Bull ETF is an exchange traded fund launched and managed by Horizons ETFs Manageme... More

Betapro Canadian Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Betapro Canadian's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Betapro Canadian Gold upside and downside potential and time the market with a certain degree of confidence.

Betapro Canadian Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Betapro Canadian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Betapro Canadian's standard deviation. In reality, there are many statistical measures that can use Betapro Canadian historical prices to predict the future Betapro Canadian's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Betapro Canadian's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Betapro Canadian in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.078.078.07
Details
Intrinsic
Valuation
LowReal ValueHigh
8.078.078.07
Details
Naive
Forecast
LowNext ValueHigh
8.078.078.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.078.078.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Betapro Canadian. Your research has to be compared to or analyzed against Betapro Canadian's peers to derive any actionable benefits. When done correctly, Betapro Canadian's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Betapro Canadian Gold.

Betapro Canadian Gold Backtested Returns

Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-four technical indicators for Betapro Canadian Gold, which you can use to evaluate the future volatility of the firm. Please confirm Betapro Canadian Gold to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. Let's try to break down what Betapro's beta means in this case. the returns on MARKET and Betapro Canadian are completely uncorrelated. Although it is important to respect Betapro Canadian Gold historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Betapro Canadian Gold technical indicators, you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Betapro Canadian Gold right now shows a risk of 0.0%. Please confirm Betapro Canadian Gold total risk alpha, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Betapro Canadian Gold will be following its price patterns.

Auto-correlation

    
  0.58  

Modest predictability

Betapro Canadian Gold has modest predictability. Overlapping area represents the amount of predictability between Betapro Canadian time series from 9th of December 2020 to 4th of December 2021 and 4th of December 2021 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Betapro Canadian Gold price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Betapro Canadian price fluctuation can be explain by its past prices.
Correlation Coefficient0.58
Spearman Rank Test0.09
Residual Average0.0
Price Variance2.72

Betapro Canadian Gold lagged returns against current returns

Autocorrelation, which is Betapro Canadian otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Betapro Canadian's otc stock expected returns. We can calculate the autocorrelation of Betapro Canadian returns to help us make a trade decision. For example, suppose you find that Betapro Canadian otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Betapro Canadian regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Betapro Canadian otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Betapro Canadian otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Betapro Canadian otc stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Betapro Canadian Lagged Returns

When evaluating Betapro Canadian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Betapro Canadian otc stock have on its future price. Betapro Canadian autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Betapro Canadian autocorrelation shows the relationship between Betapro Canadian otc stock current value and its past values and can show if there is a momentum factor associated with investing in Betapro Canadian Gold.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Betapro Canadian in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Betapro Canadian's short interest history, or implied volatility extrapolated from Betapro Canadian options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Betapro Canadian Gold using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Betapro Canadian Correlation, Betapro Canadian Volatility and Betapro Canadian Alpha and Beta module to complement your research on Betapro Canadian. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for analysis

When running Betapro Canadian Gold price analysis, check to measure Betapro Canadian'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 Canadian is operating at the current time. Most of Betapro Canadian's value examination focuses on studying past and present price action to predict the probability of Betapro Canadian's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Betapro Canadian's price. Additionally, you may evaluate how the addition of Betapro Canadian to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Betapro Canadian technical otc stock 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, otc market cycles, or different charting patterns.
A focus of Betapro Canadian technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Betapro Canadian trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...