Advisorshares Etf Price on May 16, 2023
| LETB Etf | USD 23.05 0.00 0.00% |
If you're considering investing in AdvisorShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of AdvisorShares stands at 23.05, as last reported on the 24th of December, with the highest price reaching 23.05 and the lowest price hitting 23.05 during the day. We have found twenty-four technical indicators for AdvisorShares, which you can use to evaluate the volatility of the entity. Please confirm AdvisorShares' Risk Adjusted Performance of 0.0158, downside deviation of 0.2317, and Mean Deviation of 0.1286 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
AdvisorShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
AdvisorShares |
Sharpe Ratio = 0.0
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Based on monthly moving average AdvisorShares 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 by adding AdvisorShares to a well-diversified portfolio.
AdvisorShares Valuation on May 16, 2023
It is possible to determine the worth of AdvisorShares on a given historical date. On May 16, 2023 AdvisorShares was worth 22.89 at the beginning of the trading date compared to the closed value of 22.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AdvisorShares etf. Still, in general, we apply an absolute valuation method to find AdvisorShares' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AdvisorShares' related companies.
| Open | High | Low | Close | Volume | |
| 22.89 | 22.93 | 22.89 | 22.93 | 400.00 | |
05/16/2023 | 22.89 | 22.92 | 22.89 | 22.92 | 8,000 |
| 22.91 | 22.91 | 22.91 | 22.91 | 999.00 |
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AdvisorShares Trading Date Momentum on May 16, 2023
| On May 17 2023 AdvisorShares was traded for 22.91 at the closing time. The top price for the day was 22.91 and the lowest listed price was 22.91 . The trading volume for the day was 999. The trading history from May 17, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.04% . The overall trading delta against the current closing price is 0.09% . |
About AdvisorShares Etf history
AdvisorShares 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 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 stock prices may prove useful in developing a viable investing in AdvisorShares
The fund is an actively managed ETF that invest in U.S. exchange listed equities, primarily consisting of common stock of large-, mid- and small-capitalization companies. Advisorshares Bob is traded on NYSEARCA Exchange in the United States.
AdvisorShares Etf Technical Analysis
AdvisorShares 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 Period Price Range
Low | December 24, 2024
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0.00 | 0.00 |
AdvisorShares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how AdvisorShares 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 shares will generate the highest return on investment. By undertsting and applying AdvisorShares etf market strength indicators, traders can identify AdvisorShares entry and exit signals to maximize returns
AdvisorShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AdvisorShares' 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 | 0.0158 | |||
| Jensen Alpha | 0.0027 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.02) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of AdvisorShares 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' value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares' 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' market value can be influenced by many factors that don't directly affect AdvisorShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares' 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.