AdvisorShares Pure Financials
| MSOS Etf | USD 4.45 0.12 2.63% |
Net Expense Ratio 0.0083 | 3 y Sharp Ratio (0.52) |
AdvisorShares |
The data published in AdvisorShares Pure's official financial statements typically reflect AdvisorShares Pure's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving AdvisorShares Pure's quantitative information. For example, before you start analyzing numbers published by AdvisorShares accountants, it's essential to understand AdvisorShares Pure's liquidity, profitability, and earnings quality within the context of the AdvisorShares space in which it operates.
Please note, the imprecision that can be found in AdvisorShares Pure's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of AdvisorShares Pure Cannabis. Check AdvisorShares Pure's Beneish M Score to see the likelihood of AdvisorShares Pure's management manipulating its earnings.
AdvisorShares Pure Etf Summary
AdvisorShares Pure competes with SPDR Kensho, Global X, IShares Genomics, Morningstar Unconstrained, and High-yield Municipal. 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 the marijuana and hemp business in the United States and in derivatives that have economic characteristics similar to such securities. Advisorshares Pure is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US00768Y4531 |
| CUSIP | 00768Y453 |
| Region | North America |
| Investment Issuer | AdvisorShares |
| Etf Family | AdvisorShares |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
AdvisorShares Pure Key Financial Ratios
AdvisorShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AdvisorShares Pure's current stock value. Our valuation model uses many indicators to compare AdvisorShares Pure value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AdvisorShares Pure competition to find correlations between indicators driving AdvisorShares Pure's intrinsic value. More Info.AdvisorShares Pure Cannabis is regarded third largest ETF in beta as compared to similar ETFs. It is rated number one ETF in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value AdvisorShares Pure by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.AdvisorShares Pure Systematic Risk
AdvisorShares Pure's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AdvisorShares Pure volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on AdvisorShares Pure correlated with the market. If Beta is less than 0 AdvisorShares Pure generally moves in the opposite direction as compared to the market. If AdvisorShares Pure Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AdvisorShares Pure is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AdvisorShares Pure is generally in the same direction as the market. If Beta > 1 AdvisorShares Pure moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as AdvisorShares Pure is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of AdvisorShares has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if AdvisorShares Pure's financials are consistent with your investment objective using the following steps:- Review AdvisorShares Pure's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand AdvisorShares Pure's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare AdvisorShares Pure's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if AdvisorShares Pure's stock is overvalued or undervalued.
AdvisorShares Pure Thematic Clasifications
AdvisorShares Pure Cannabis is part of several thematic ideas from Theme ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasAdvisorShares Pure November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of AdvisorShares Pure help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AdvisorShares Pure Cannabis. We use our internally-developed statistical techniques to arrive at the intrinsic value of AdvisorShares Pure Cannabis based on widely used predictive technical indicators. In general, we focus on analyzing AdvisorShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AdvisorShares Pure's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 39.04 | |||
| Value At Risk | (6.72) | |||
| Potential Upside | 8.17 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AdvisorShares Pure Cannabis. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of AdvisorShares Pure 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 Pure's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Pure'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 Pure's market value can be influenced by many factors that don't directly affect AdvisorShares Pure'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 Pure's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Pure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Pure'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.