Cambria Etf Profile
Cambria is trading at 16.17 as of the 22nd of January 2025, a No Change since the beginning of the trading day. The etf's open price was 16.1715. The performance scores are derived for the period starting the 23rd of December 2024 and ending today, the 22nd of January 2025. Click here to learn more.
Cambria Etf Highlights
| Old Name | Cambria Sovereign Bond ETF |
| Business Concentration | Trading--Inverse Equity, CAMBRIA ETF TRUST (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (3.5) |
| Name | Cambria Sovereign Bond ETF |
| Currency Code | USD |
| In Threey Volatility | 8.78 |
| 1y Volatility | 8.34 |
| 200 Day M A | 25.5555 |
| 50 Day M A | 24.6462 |
| Code | SOVB |
| Updated At | 4th of March 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (1.67) |
| Type | ETF |
Cambria [SOVB] is traded in USA and was established 2016-02-23. The fund is listed under Trading--Inverse Equity category and is part of CAMBRIA ETF TRUST family. Cambria at this time have 19.19 M in assets. , while the total return for the last 3 years was -11.4%.
Check Cambria 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 Cambria Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Cambria 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 Cambria 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.
Cambria Top Holders
| TRTY | Cambria Trinity ETF | Etf | Tactical Allocation | |
| GAA | Cambria Global Asset | Etf | Global Allocation | |
| GMOM | Cambria Global Momentum | Etf | Tactical Allocation |
Cambria 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 Cambria. 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 | 0.5802 | |||
| Standard Deviation | 0.7402 | |||
| Variance | 0.5479 | |||
| Risk Adjusted Performance | (0.05) |
Cambria Against Markets
Cambria 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 Cambria etf to make a market-neutral strategy. Peer analysis of Cambria could also be used in its relative valuation, which is a method of valuing Cambria by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out World Market Map 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 real. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Cambria is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria's value that differs from its market value or its book value, called intrinsic value, which is Cambria'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 Cambria's market value can be influenced by many factors that don't directly affect Cambria'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 Cambria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria'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.