(HRED) BetaPro Equal Weight - Ratings and Ratios

Exchange: TO • Country: Canada • Currency: CAD • Type: Etf • ISIN: CA08665L1022

Description: HRED BetaPro Equal Weight

URL: http://www.HorizonsETFs.com Index: Morningstar CAD O/N Cash GR CAD

Additional Sources for HRED ETF

Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle

HRED ETF Overview

Market Cap in USD 2m
Category Passive Inverse/Leveraged
IPO / Inception 2021-09-01

HRED ETF Ratings

Growth Rating -50.5
Fundamental -
Dividend Rating 0.0
Rel. Strength -38.7
Analysts -
Fair Price Momentum 10.12 CAD
Fair Price DCF -

HRED Dividends

Currently no dividends paid

HRED Growth Ratios

Growth Correlation 3m -88.6%
Growth Correlation 12m -7.4%
Growth Correlation 5y -73.3%
CAGR 5y -17.59%
CAGR/Max DD 5y -0.25
Sharpe Ratio 12m -0.14
Alpha -33.53
Beta 0.019
Volatility %
Current Volume 0k
Average Volume 20d 0k
What is the price of HRED shares?
As of July 03, 2025, the stock is trading at CAD 11.92 with a total of 0 shares traded.
Over the past week, the price has changed by -2.05%, over one month by -1.08%, over three months by -14.00% and over the past year by -29.13%.
Is BetaPro Equal Weight a good stock to buy?
No, based on ValueRay´s Analyses, BetaPro Equal Weight (TO:HRED) is currently (July 2025) a stock to sell. It has a ValueRay Growth Rating of -50.50 and therefor a clear technical negative rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HRED is around 10.12 CAD . This means that HRED is currently overvalued and has a potential downside of -15.1%.
Is HRED a buy, sell or hold?
BetaPro Equal Weight has no consensus analysts rating.
What are the forecasts for HRED share price target?
According to our own proprietary Forecast Model, HRED BetaPro Equal Weight will be worth about 10.9 in July 2026. The stock is currently trading at 11.92. This means that the stock has a potential downside of -8.31%.
Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 10.9 -8.3%