Advisorshares Etf Profile
AdvisorShares is trading at 32.84 as of the 26th of November 2024, a No Change since the beginning of the trading day. The etf's open price was 32.84. Equity ratings for AdvisorShares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
AdvisorShares Etf Highlights
| Old Name | AdvisorShares Dorsey Wright Micro-Cap |
| Business Concentration | Small Blend, AdvisorShares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (5.15) |
| Name | AdvisorShares Dorsey Wright Micro-Cap |
| Currency Code | USD |
| Open Figi | BBG00LDFFXK4 |
| In Threey Volatility | 23.99 |
| 1y Volatility | 19.89 |
| 200 Day M A | 32.0045 |
| 50 Day M A | 31.9859 |
| Code | DWMC |
| Updated At | 25th of November 2023 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.58 |
| Type | ETF |
AdvisorShares [DWMC] is traded in USA and was established 2018-07-10. The fund is listed under Small Blend category and is part of AdvisorShares family. AdvisorShares currently have 6.03 M in assets under management (AUM). , while the total return for the last 3 years was 10.3%.
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
| SGRY | Surgery Partners | Stock | Health Care | |
| AMRC | Ameresco | Stock | Industrials | |
| OCUL | Ocular Therapeutix | Stock | Health Care | |
| TRHC | Tabula Rasa HealthCare | Stock | Health Care | |
| MGPI | MGP Ingredients | Stock | Consumer Staples | |
| SLP | Simulations Plus | Stock | Health Care | |
| LMAT | LeMaitre Vascular | Stock | Health Care | |
| CDLX | Cardlytics | Stock | Communication Services |
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 | 0.7779 | |||
| Semi Deviation | 0.9125 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 |
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 population. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.