Advisorshares Star Global Etf Price on July 18, 2024
VEGA Etf | USD 44.37 0.10 0.23% |
Below is the normalized historical share price chart for AdvisorShares STAR Global extending back to September 18, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AdvisorShares STAR stands at 44.37, as last reported on the 28th of November, with the highest price reaching 44.49 and the lowest price hitting 44.23 during the day.
If you're considering investing in AdvisorShares Etf, it is important to understand the factors that can impact its price. At this point, AdvisorShares STAR is very steady. AdvisorShares STAR Global secures Sharpe Ratio (or Efficiency) of 0.0717, which signifies that the etf had a 0.0717% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AdvisorShares STAR Global, which you can use to evaluate the volatility of the entity. Please confirm AdvisorShares STAR's Risk Adjusted Performance of 0.0489, mean deviation of 0.4289, and Downside Deviation of 0.5364 to double-check if the risk estimate we provide is consistent with the expected return of 0.0389%.
AdvisorShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.09 | 200 Day MA 42.0185 | 1 y Volatility 9.23 | 50 Day MA 43.7584 | Inception Date 2012-09-17 |
AdvisorShares |
Sharpe Ratio = 0.0717
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Negative Returns | VEGA |
Estimated Market Risk
0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average AdvisorShares STAR is performing at about 5% 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 STAR by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 185 K |
AdvisorShares STAR Main Headline on 18th of July 2024
DNCA hires experienced multi-management and alts specialist ... by news.google.com
DNCA hires experienced multi-management and alts specialist Citywire Selector
AdvisorShares STAR Valuation on July 18, 2024
It is possible to determine the worth of AdvisorShares STAR on a given historical date. On July 18, 2024 AdvisorShares was worth 42.43 at the beginning of the trading date compared to the closed value of 42.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AdvisorShares STAR etf. Still, in general, we apply an absolute valuation method to find AdvisorShares STAR's 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 STAR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AdvisorShares STAR's related companies.
Open | High | Low | Close | Volume | |
42.80 | 42.85 | 42.71 | 42.82 | 3,125 | |
07/18/2024 | 42.43 | 42.55 | 42.28 | 42.47 | 1,604 |
42.23 | 42.34 | 42.03 | 42.03 | 2,287 |
Backtest AdvisorShares STAR | | | AdvisorShares STAR History | | | AdvisorShares STAR Valuation | Previous | Next |
AdvisorShares STAR Trading Date Momentum on July 18, 2024
On July 19 2024 AdvisorShares STAR Global was traded for 42.03 at the closing time. The top price for the day was 42.34 and the lowest listed price was 42.03 . The trading volume for the day was 2.3 K. The trading history from July 19, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.04% . The overall trading delta against the current closing price is 1.04% . |
AdvisorShares STAR Global Fundamentals Correlations and Trends
By evaluating AdvisorShares STAR's 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 STAR's 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 STAR Etf history
AdvisorShares STAR 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 STAR Global 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 STAR stock prices may prove useful in developing a viable investing in AdvisorShares STAR
AdvisorShares STAR Etf Technical Analysis
AdvisorShares STAR 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 STAR Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
AdvisorShares STAR Global 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 STAR November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how AdvisorShares STAR 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 STAR shares will generate the highest return on investment. By undertsting and applying AdvisorShares STAR etf market strength indicators, traders can identify AdvisorShares STAR Global entry and exit signals to maximize returns
AdvisorShares STAR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AdvisorShares STAR's 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 | 0.0489 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.16) | |||
Treynor Ratio | 0.0673 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AdvisorShares STAR Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of AdvisorShares STAR Global 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 STAR's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares STAR'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 STAR's market value can be influenced by many factors that don't directly affect AdvisorShares STAR'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 STAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares STAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares STAR'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.