AdvisorShares Vice Financials
| VICE Etf | USD 33.52 0.03 0.09% |
Net Expense Ratio 0.0099 | 3 y Sharp Ratio (0.10) |
AdvisorShares |
The data published in AdvisorShares Vice's official financial statements typically reflect AdvisorShares Vice'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 Vice's quantitative information. For example, before you start analyzing numbers published by AdvisorShares accountants, it's essential to understand AdvisorShares Vice's liquidity, profitability, and earnings quality within the context of the AdvisorShares space in which it operates.
Please note, the presentation of AdvisorShares Vice's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AdvisorShares Vice's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of AdvisorShares Vice's management manipulating its earnings.
AdvisorShares Vice Etf Summary
AdvisorShares Vice competes with Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, and IShares Dividend. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US00768Y5454 |
| CUSIP | 00768Y545 |
| Region | Global |
| Investment Issuer | AdvisorShares |
| Etf Family | AdvisorShares |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
AdvisorShares Vice Key Financial Ratios
AdvisorShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AdvisorShares Vice's current stock value. Our valuation model uses many indicators to compare AdvisorShares Vice value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AdvisorShares Vice competition to find correlations between indicators driving AdvisorShares Vice's intrinsic value. More Info.AdvisorShares Vice ETF is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 25.05 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value AdvisorShares Vice 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 Vice ETF Systematic Risk
AdvisorShares Vice's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AdvisorShares Vice 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on AdvisorShares Vice ETF correlated with the market. If Beta is less than 0 AdvisorShares Vice generally moves in the opposite direction as compared to the market. If AdvisorShares Vice Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AdvisorShares Vice ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AdvisorShares Vice is generally in the same direction as the market. If Beta > 1 AdvisorShares Vice moves generally in the same direction as, but more than the movement of the benchmark.
About AdvisorShares Vice Financials
What exactly are AdvisorShares Vice Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include AdvisorShares Vice's income statement, its balance sheet, and the statement of cash flows. Potential AdvisorShares Vice investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although AdvisorShares Vice investors may use each financial statement separately, they are all related. The changes in AdvisorShares Vice's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AdvisorShares Vice's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.AdvisorShares Vice Thematic Clasifications
AdvisorShares Vice ETF is part of several thematic ideas from Strategy ETFs to Theme 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 Vice November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of AdvisorShares Vice help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AdvisorShares Vice ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of AdvisorShares Vice ETF 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 Vice's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6502 | |||
| Information Ratio | 0.0031 | |||
| Maximum Drawdown | 3.2 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.49 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AdvisorShares Vice ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.