Advisorshares Q Dynamic Etf Price on November 29, 2024
| QPX Etf | USD 36.49 0.29 0.80% |
If you're considering investing in AdvisorShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of AdvisorShares stands at 36.49, as last reported on the 2nd of December, with the highest price reaching 36.53 and the lowest price hitting 36.35 during the day. At this stage we consider AdvisorShares Etf to be very steady. AdvisorShares Q Dynamic secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the etf had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for AdvisorShares Q Dynamic, which you can use to evaluate the volatility of the entity. Please confirm AdvisorShares' Risk Adjusted Performance of 0.1346, mean deviation of 0.5801, and Downside Deviation of 0.7892 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
AdvisorShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
AdvisorShares |
Sharpe Ratio = 0.176
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average AdvisorShares is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AdvisorShares by adding it to a well-diversified portfolio.
AdvisorShares Valuation on November 29, 2024
It is possible to determine the worth of AdvisorShares on a given historical date. On November 29, 2024 AdvisorShares was worth 36.35 at the beginning of the trading date compared to the closed value of 36.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AdvisorShares etf. Still, in general, we apply an absolute valuation method to find AdvisorShares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AdvisorShares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AdvisorShares' related companies.
| Open | High | Low | Close | Volume | |
| 36.19 | 36.22 | 36.19 | 36.20 | 1,346 | |
11/29/2024 | 36.35 | 36.53 | 36.35 | 36.49 | 1,000.00 |
| 36.35 | 36.53 | 36.35 | 36.49 | 0.00 |
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AdvisorShares Trading Date Momentum on November 29, 2024
| On December 02 2024 AdvisorShares Q Dynamic was traded for 36.49 at the closing time. Highest AdvisorShares's price during the trading hours was 36.53 and the lowest price during the day was 36.35 . There was no trading activity during the period 0.0. Lack of trading volume on the 2nd of December did not affect price variability. The overall trading delta to current price is 0.38% . |
AdvisorShares Q Dynamic Fundamentals Correlations and Trends
By evaluating AdvisorShares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AdvisorShares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AdvisorShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AdvisorShares Etf history
AdvisorShares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AdvisorShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AdvisorShares Q Dynamic will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AdvisorShares stock prices may prove useful in developing a viable investing in AdvisorShares
The fund invests in ETFs representing all asset classes, including, but not limited to, treasury bonds, municipal bonds, investment grade corporate bonds, high-yield U.S. corporate bonds , municipal bonds, U.S. and foreign equities, commodities, and volatility products. Advisorshares is traded on NYSEARCA Exchange in the United States.
AdvisorShares Etf Technical Analysis
AdvisorShares technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
AdvisorShares Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
AdvisorShares Q Dynamic cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
AdvisorShares December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how AdvisorShares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AdvisorShares shares will generate the highest return on investment. By undertsting and applying AdvisorShares etf market strength indicators, traders can identify AdvisorShares Q Dynamic entry and exit signals to maximize returns
AdvisorShares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AdvisorShares' price direction in advance. Along with the technical and fundamental analysis of AdvisorShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of AdvisorShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1346 | |||
| Jensen Alpha | 0.1137 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 1.34 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in AdvisorShares Q Dynamic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of AdvisorShares Q Dynamic 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.