AdvisorShares Vice Financial Statements From 2010 to 2024
| VICE Etf | USD 33.28 0.04 0.12% |
Check AdvisorShares Vice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AdvisorShares Vice's 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 Vice Valuation or Volatility modules.
AdvisorShares |
AdvisorShares Vice ETF ETF Beta Analysis
AdvisorShares Vice's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current AdvisorShares Vice Beta | 1.11 |
Most of AdvisorShares Vice's fundamental indicators, such as Beta, 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 Vice ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, AdvisorShares Vice ETF has a Beta of 1.11. This is much higher than that of the AdvisorShares family and significantly higher than that of the Miscellaneous Sector category. The beta for all United States etfs is notably lower than that of the firm.
About AdvisorShares Vice Financial Statements
AdvisorShares Vice stakeholders use historical fundamental indicators, such as AdvisorShares Vice's revenue or net income, to determine how well the company is positioned to perform in the future. Although AdvisorShares Vice investors may analyze each financial statement separately, they are all interrelated. For example, changes in AdvisorShares Vice's assets and liabilities are reflected in the revenues and expenses on AdvisorShares Vice's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in AdvisorShares Vice ETF. Please read more on our technical analysis and fundamental analysis pages.
The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in securities of companies that derive at least 50 percent of their net revenue from tobacco and alcoholic beverages, companies that derive at least 50 percent of their net revenue from the food and beverage industry, and companies that derive at least 50 percent of their net revenue from gaming activities. Advisorshares Vice is traded on NASDAQ Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AdvisorShares Vice ETF is a strong investment it is important to analyze AdvisorShares Vice's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AdvisorShares Vice's future performance. For an informed investment choice regarding AdvisorShares Etf, refer to the following important reports:Check out the analysis of AdvisorShares Vice Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of AdvisorShares Vice ETF 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 Vice's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Vice'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 AdvisorShares Vice's market value can be influenced by many factors that don't directly affect AdvisorShares Vice'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 AdvisorShares Vice's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Vice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Vice'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.