Advisorshares Star Global Etf Profile
| VEGA Etf | USD 44.59 0.22 0.50% |
Performance8 of 100
| Odds Of DistressLess than 9
|
AdvisorShares STAR is trading at 44.59 as of the 30th of November 2024, a 0.50 percent increase since the beginning of the trading day. The etf's open price was 44.37. AdvisorShares STAR has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for AdvisorShares STAR Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that is primarily a fund of funds. Advisorshares Star is traded on NYSEARCA Exchange in the United States. More on AdvisorShares STAR Global
Moving together with AdvisorShares Etf
AdvisorShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Buywrite ETFs, Strategy ETFs, Derivative Income, AdvisorShares (View all Sectors) |
| Issuer | AdvisorShares |
| Inception Date | 2012-09-17 |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 5,511.6 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Buywrite |
| Market Concentration | Blended Development |
| Region | Global |
| 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 | Kenneth R. Hyman, Jason Scott |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 13.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.5 |
| Management Fee | 0.85 |
| Country Name | USA |
| Returns Y T D | 14.24 |
| Name | AdvisorShares STAR Global Buy-Write ETF |
| Currency Code | USD |
| Open Figi | BBG003D085R9 |
| In Threey Volatility | 13.09 |
| 1y Volatility | 9.23 |
| 200 Day M A | 42.0426 |
| 50 Day M A | 43.778 |
| Code | VEGA |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.03) |
| Type | ETF |
AdvisorShares STAR Global [VEGA] is traded in USA and was established 2012-09-17. The fund is listed under Derivative Income category and is part of AdvisorShares family. The entity is thematically classified as Buywrite ETFs. AdvisorShares STAR Global at this time have 35.96 M in net assets. , while the total return for the last 3 years was 4.6%.
Check AdvisorShares STAR Probability Of Bankruptcy
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 STAR Global 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 STAR Global Etf Constituents
| BIV | Vanguard Intermediate Term Bond | Etf | Intermediate Core Bond | |
| VNQ | Vanguard Real Estate | Etf | Real Estate | |
| XLY | Consumer Discretionary Select | Etf | Consumer Cyclical | |
| AGG | iShares Core Aggregate | Etf | Intermediate Core Bond | |
| XLV | Health Care Select | Etf | Health | |
| XLP | Consumer Staples Select | Etf | Consumer Defensive | |
| XLK | Technology Select Sector | Etf | Technology | |
| XLC | Communication Services Select | Etf | Communications |
AdvisorShares STAR Global 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 STAR. 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 | 0.0757 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.15) |
AdvisorShares STAR Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AdvisorShares STAR Global. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of AdvisorShares STAR Global 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 STAR's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares STAR'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 STAR's market value can be influenced by many factors that don't directly affect AdvisorShares STAR'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 STAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares STAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares STAR'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.