Advisorshares Ranger Equity Etf Fundamentals
| HDGE Etf | USD 16.87 0.08 0.47% |
AdvisorShares Ranger Equity fundamentals help investors to digest information that contributes to AdvisorShares Ranger's financial success or failures. It also enables traders to predict the movement of AdvisorShares Etf. The fundamental analysis module provides a way to measure AdvisorShares Ranger's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AdvisorShares Ranger etf.
AdvisorShares |
AdvisorShares Ranger Equity ETF Beta Analysis
AdvisorShares Ranger's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current AdvisorShares Ranger Beta | -1.1 |
Most of AdvisorShares Ranger's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AdvisorShares Ranger Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, AdvisorShares Ranger Equity has a Beta of -1.1. This is much lower than that of the AdvisorShares family and significantly lower than that of the Trading--Inverse Equity category. The beta for all United States etfs is notably higher than that of the company.
AdvisorShares Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AdvisorShares Ranger's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of AdvisorShares Ranger could also be used in its relative valuation, which is a method of valuing AdvisorShares Ranger by comparing valuation metrics of similar companies.AdvisorShares Ranger is currently under evaluation in beta as compared to similar ETFs.
As the market becomes more bullish, returns on owning AdvisorShares Ranger are expected to decrease slowly. On the other hand, during market turmoil, AdvisorShares Ranger is expected to outperform it slightly.
AdvisorShares Fundamentals
| Number Of Employees | 171 | |||
| Beta | -1.1 | |||
| Total Asset | 158.3 M | |||
| One Year Return | (22.00) % | |||
| Three Year Return | (9.40) % | |||
| Five Year Return | (20.10) % | |||
| Ten Year Return | (16.50) % | |||
| Net Asset | 158.3 M | |||
| Last Dividend Paid | 0.012 | |||
| Equity Positions Weight | (65.36) % | |||
| Bond Positions Weight | 0.35 % |
About AdvisorShares Ranger Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AdvisorShares Ranger Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AdvisorShares Ranger using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AdvisorShares Ranger Equity based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AdvisorShares Ranger is a strong investment it is important to analyze AdvisorShares Ranger's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AdvisorShares Ranger's future performance. For an informed investment choice regarding AdvisorShares Etf, refer to the following important reports:Check out AdvisorShares Ranger Piotroski F Score and AdvisorShares Ranger Altman Z Score analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.