BetaPro Natural Gas 2x Daily Bear (HND:TSX) STA Research assigns a Speculative Buy

STA Research assigns a Speculative Buy on the stock, with a $7 target price forecast.

Based on the BetaPro Natural Gas 2x Daily Bear stock (hnd stock price) forecasts from 1 analysts, the average analyst target price for BetaPro Natural Gas 2x Daily Bear (hnd stock price) is $7 over the next 12 months. BetaPro Natural Gas 2x Daily Bear’s average analyst rating is . Stock Target Advisor’s own stock analysis of BetaPro Natural Gas 2x Daily Bear is Very Bearish, which is based on 0 positive signals and 3 negative signals. At the last closing, BetaPro Natural Gas 2x Daily Bear’s stock price was CAD 3.41. BetaPro Natural Gas 2x Daily Bear’s stock price has changed by +0.09% over the past week, +1.10% over the past month and -93.60% over the last year.

What we like:

There is no fundamental attribute that we can detect on the stock that would warrant a positive outlook. The stock is a pure speculative play!

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.