Advisorshares Etf Profile
AdvisorShares is selling at 17.39 as of the 24th of November 2024; that is No Change since the beginning of the trading day. The etf's last reported lowest price was 17.39. Equity ratings for AdvisorShares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
AdvisorShares Etf Highlights
| Old Name | AdvisorShares Dorsey Wright Alpha Equal Weight ETF |
| Business Concentration | Large Growth, AdvisorShares (View all Sectors) |
| Nav Price | 20.02 |
| Two Hundred Day Average | 21.69 |
| Ytd | -29.05% |
| Average Daily Volume In Three Month | 1.51k |
| Fifty Two Week Low | 18.67 |
| As Of Date | 25th of October 2022 |
| Average Daily Volume Last 10 Day | 700 |
| Fifty Two Week High | 30.57 |
| One Month | 4.12% |
| Fifty Day Average | 19.84 |
| Three Month | -6.57% |
AdvisorShares [DWEQ] is traded in USA and was established 2019-12-26. The fund is listed under Large Growth category and is part of AdvisorShares family. AdvisorShares currently have 39.94 M in assets under management (AUM). , while the total return for the last year was -29.37%.
Check AdvisorShares 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 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 Etf Constituents
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| ROKU | Roku Inc | Stock | Communication Services | |
| MEDP | Medpace Holdings | Stock | Health Care | |
| OKTA | Okta Inc | Stock | Information Technology | |
| NKE | Nike Inc | Stock | Consumer Discretionary | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| MGM | MGM Resorts International | Stock | Consumer Discretionary | |
| TJX | The TJX Companies | Stock | Consumer Discretionary |
AdvisorShares 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. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.8988 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.37 | |||
| Risk Adjusted Performance | (0.08) |
AdvisorShares Against Markets
AdvisorShares Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AdvisorShares etf to make a market-neutral strategy. Peer analysis of AdvisorShares could also be used in its relative valuation, which is a method of valuing AdvisorShares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Investing Opportunities 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 income. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.