AdvisorShares Financial Statements From 2010 to 2024
| DWEQ Etf | USD 17.39 0.00 0.00% |
Check AdvisorShares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AdvisorShares' main balance sheet or income statement drivers, such as , as well as many indicators such as . AdvisorShares financial statements analysis is a perfect complement when working with AdvisorShares Valuation or Volatility modules.
AdvisorShares |
AdvisorShares ETF One Year Return Analysis
AdvisorShares' One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current AdvisorShares One Year Return | (29.37) % |
Most of AdvisorShares' fundamental indicators, such as One Year Return, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, AdvisorShares has an One Year Return of -29.37%. This is 360.6% lower than that of the AdvisorShares family and significantly lower than that of the Large Growth category. The one year return for all United States etfs is notably higher than that of the company.
About AdvisorShares Financial Statements
AdvisorShares shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although AdvisorShares investors may analyze each financial statement separately, they are all interrelated. The changes in AdvisorShares' assets and liabilities, for example, are also reflected in the revenues and expenses on on AdvisorShares' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a concentrated portfolio of U.S. equity securities selected from a universe of the largest 1,000 U.S. equity securities based on market capitalization. Advisorshares Dorsey is traded on NASDAQ Exchange in the United States.
Pair Trading with AdvisorShares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AdvisorShares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AdvisorShares will appreciate offsetting losses from the drop in the long position's value.Moving against AdvisorShares Etf
| 0.91 | DSJA | DSJA | PairCorr |
| 0.89 | TSJA | TSJA | PairCorr |
| 0.85 | XTJA | Innovator ETFs Trust | PairCorr |
| 0.84 | XDJA | Innovator ETFs Trust | PairCorr |
| 0.83 | QTJA | Innovator ETFs Trust | PairCorr |
The ability to find closely correlated positions to AdvisorShares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AdvisorShares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AdvisorShares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AdvisorShares to buy it.
The correlation of AdvisorShares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AdvisorShares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AdvisorShares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AdvisorShares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.