Advocate Capital Management Etf Profile
Advocate Capital is trading at 23.85 as of the 24th of November 2024. This is a 1.19 percent up since the beginning of the trading day. The etf's open price was 23.57. Equity ratings for Advocate Capital Management are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Advocate Etf Highlights
| Old Name | The Advisorsa Inner Circle Fund III |
| Business Concentration | Moderate Allocation, Advocate Capital Management, LLC (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (11.58) |
| Name | The Advisorsa Inner Circle Fund III |
| Currency Code | USD |
| Open Figi | BBG0136SPZH1 |
| 1y Volatility | 34.12 |
| 200 Day M A | 22.5756 |
| 50 Day M A | 18.9242 |
| Code | RRH |
| Updated At | 2nd of February 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Advocate Capital Management [RRH] is traded in USA and was established 2021-10-27. The fund is classified under Moderate Allocation category within Advocate Capital Management, LLC family. Advocate Capital Man at this time have 39.17 M in assets. , while the total return for the last year was -19.1%.
Check Advocate Capital 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 Advocate Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Advocate 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 Advocate Capital Management 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 Advocate Capital Management Etf Constituents
| KRE | SPDR SP Regional | Etf | Financial | |
| XLE | Energy Select Sector | Etf | Equity Energy | |
| XLF | Financial Select Sector | Etf | Financial | |
| XLV | Health Care Select | Etf | Health |
Advocate Capital Man 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 Advocate Capital. 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 | 1.36 | |||
| Semi Deviation | 2.05 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.7 |
Advocate Capital Against Markets
Advocate Capital 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 Advocate Capital etf to make a market-neutral strategy. Peer analysis of Advocate Capital could also be used in its relative valuation, which is a method of valuing Advocate Capital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Your Equity Center 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 metropolitan statistical area. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Advocate Capital Man is measured differently than its book value, which is the value of Advocate that is recorded on the company's balance sheet. Investors also form their own opinion of Advocate Capital's value that differs from its market value or its book value, called intrinsic value, which is Advocate Capital'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 Advocate Capital's market value can be influenced by many factors that don't directly affect Advocate Capital'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 Advocate Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advocate Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advocate Capital'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.