Advisorshares Ranger Equity Etf Profile
| HDGE Etf | USD 16.95 0.02 0.12% |
Performance0 of 100
| Odds Of DistressLess than 9
|
AdvisorShares Ranger is trading at 16.95 as of the 28th of November 2024, a 0.12 percent increase since the beginning of the trading day. The etf's lowest day price was 16.87. AdvisorShares Ranger 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. Note, on January 3, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of AdvisorShares Ranger's common stock.
The Sub-Advisor seeks to achieve the funds investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs, ETNs and other exchange-traded products. Active Bear is traded on NYSEARCA Exchange in the United States. More on AdvisorShares Ranger Equity
Moving together with AdvisorShares Etf
| 0.96 | SH | ProShares Short SP500 | PairCorr |
| 0.93 | PSQ | ProShares Short QQQ | PairCorr |
| 0.96 | SPXU | ProShares UltraPro Short | PairCorr |
| 0.96 | SDS | ProShares UltraShort | PairCorr |
| 0.96 | SPXS | Direxion Daily SP | PairCorr |
| 0.94 | QID | ProShares UltraShort QQQ | PairCorr |
Moving against AdvisorShares Etf
AdvisorShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Trading--Inverse Equity, AdvisorShares (View all Sectors) |
| Issuer | AdvisorShares |
| Inception Date | 2011-01-26 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 48.62 Million |
| Average Trading Valume | 65,529.7 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | AdvisorShares Investments, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | John Del Vecchio, Brad H. Lamensdorf |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 49.0 |
| Market Maker | Virtu Financial |
| Total Expense | 3.45 |
| Management Fee | 1.5 |
| Country Name | USA |
| Returns Y T D | (11.64) |
| Name | AdvisorShares Ranger Equity Bear ETF |
| Currency Code | USD |
| Open Figi | BBG001F6QYW9 |
| In Threey Volatility | 24.32 |
| 1y Volatility | 20.88 |
| 200 Day M A | 19.6892 |
| 50 Day M A | 18.2638 |
| Code | HDGE |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.31) |
AdvisorShares Ranger Equity [HDGE] is traded in USA and was established 2011-01-26. The fund is listed under Trading--Inverse Equity category and is part of AdvisorShares family. The entity is thematically classified as Strategy ETFs. AdvisorShares Ranger currently have 158.3 M in assets under management (AUM). , while the total return for the last 3 years was -9.4%.
Check AdvisorShares Ranger Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AdvisorShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AdvisorShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as AdvisorShares Ranger Equity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top AdvisorShares Ranger Equity Etf Constituents
| OMCL | Omnicell | Stock | Health Care | |
| PDD | PDD Holdings | Stock | Consumer Discretionary | |
| SIG | Signet Jewelers | Stock | Consumer Discretionary | |
| JKHY | Jack Henry Associates | Stock | Financials | |
| SMAR | Smartsheet | Stock | Information Technology | |
| PRO | PROS Holdings | Stock | Information Technology | |
| HRL | Hormel Foods | Stock | Consumer Staples | |
| ATGE | Adtalem Global Education | Stock | Consumer Discretionary |
AdvisorShares Ranger Risk Profiles
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 AdvisorShares Ranger. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.1342 |
AdvisorShares Ranger Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AdvisorShares Ranger Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of AdvisorShares Ranger is measured differently than its book value, which is the value of AdvisorShares that is recorded on the company's balance sheet. Investors also form their own opinion of AdvisorShares Ranger's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Ranger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AdvisorShares Ranger's market value can be influenced by many factors that don't directly affect AdvisorShares Ranger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AdvisorShares Ranger's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Ranger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Ranger'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.