Advisorshares Ranger Equity Etf Price on April 18, 2024
| HDGE Etf | USD 16.87 0.08 0.47% |
Below is the normalized historical share price chart for AdvisorShares Ranger Equity extending back to January 27, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AdvisorShares Ranger stands at 16.87, as last reported on the 1st of December, with the highest price reaching 16.88 and the lowest price hitting 16.82 during the day.
If you're considering investing in AdvisorShares Etf, it is important to understand the factors that can impact its price. AdvisorShares Ranger secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the etf had a -0.19% return per unit of risk over the last 3 months. AdvisorShares Ranger Equity exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AdvisorShares Ranger's Risk Adjusted Performance of (0.12), standard deviation of 1.18, and Mean Deviation of 0.8943 to double-check the risk estimate we provide.
AdvisorShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 24.95 | 200 Day MA 19.6606 | 1 y Volatility 21.67 | 50 Day MA 18.1708 | Inception Date 2011-01-26 |
AdvisorShares |
Sharpe Ratio = -0.1936
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HDGE |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AdvisorShares Ranger is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AdvisorShares Ranger by adding AdvisorShares Ranger to a well-diversified portfolio.
Average Mkt Cap Mil 70.28068 | Market Capitalisation {Big=, Small=, Mega=, Medium=, Micro=} |
AdvisorShares Ranger Valuation on April 18, 2024
It is possible to determine the worth of AdvisorShares Ranger on a given historical date. On April 18, 2024 AdvisorShares was worth 21.37 at the beginning of the trading date compared to the closed value of 21.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AdvisorShares Ranger etf. Still, in general, we apply an absolute valuation method to find AdvisorShares Ranger's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AdvisorShares Ranger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AdvisorShares Ranger's related companies.
| Open | High | Low | Close | Volume | |
| 21.30 | 21.51 | 21.23 | 21.47 | 143,500 | |
04/18/2024 | 21.37 | 21.63 | 21.29 | 21.45 | 111,100 |
| 21.54 | 21.54 | 21.36 | 21.41 | 195,200 |
| Backtest AdvisorShares Ranger | | | AdvisorShares Ranger History | | | AdvisorShares Ranger Valuation | Previous | Next |
AdvisorShares Ranger Trading Date Momentum on April 18, 2024
| On April 19 2024 AdvisorShares Ranger Equity was traded for 21.41 at the closing time. The top price for the day was 21.54 and the lowest listed price was 21.36 . The trading volume for the day was 195.2 K. The trading history from April 19, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.19% . The overall trading delta against the current closing price is 1.96% . |
AdvisorShares Ranger Fundamentals Correlations and Trends
By evaluating AdvisorShares Ranger's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AdvisorShares Ranger's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AdvisorShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AdvisorShares Ranger Etf history
AdvisorShares Ranger investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AdvisorShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AdvisorShares Ranger will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AdvisorShares Ranger stock prices may prove useful in developing a viable investing in AdvisorShares Ranger
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.
AdvisorShares Ranger Etf Technical Analysis
AdvisorShares Ranger technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
AdvisorShares Ranger Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
AdvisorShares Ranger Equity cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
AdvisorShares Ranger December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how AdvisorShares Ranger etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AdvisorShares Ranger shares will generate the highest return on investment. By undertsting and applying AdvisorShares Ranger etf market strength indicators, traders can identify AdvisorShares Ranger Equity entry and exit signals to maximize returns
AdvisorShares Ranger Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AdvisorShares Ranger's price direction in advance. Along with the technical and fundamental analysis of AdvisorShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of AdvisorShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.16 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.