Cambria Global Momentum Etf Performance
| GMOM Etf | USD 30.32 0.16 0.53% |
The etf shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cambria Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cambria Global is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Cambria Global Momentum are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Cambria Global may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Cambria Global Momentum ETF declares quarterly distribution of 0.3559 | 09/24/2024 |
| In Threey Sharp Ratio | -0.12 |
Cambria |
Cambria Global Relative Risk vs. Return Landscape
If you would invest 2,823 in Cambria Global Momentum on August 31, 2024 and sell it today you would earn a total of 209.00 from holding Cambria Global Momentum or generate 7.4% return on investment over 90 days. Cambria Global Momentum is currently generating 0.1172% in daily expected returns and assumes 0.88% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Cambria, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Cambria Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambria Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cambria Global Momentum, and traders can use it to determine the average amount a Cambria Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1332
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Cambria Global is performing at about 10% 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 Cambria Global by adding it to a well-diversified portfolio.
Cambria Global Fundamentals Growth
Cambria Etf prices reflect investors' perceptions of the future prospects and financial health of Cambria Global, and Cambria Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cambria Etf performance.
| Price To Earning | 15.03 X | |||
| Price To Book | 1.39 X | |||
| Price To Sales | 0.99 X | |||
| Total Asset | 164.12 M | |||
About Cambria Global Performance
By examining Cambria Global's fundamental ratios, stakeholders can obtain critical insights into Cambria Global's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Cambria Global is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund is considered a fund of funds that seeks to achieve its investment objective by primarily investing in other exchange-traded funds and other exchange traded products including, but not limited to, exchange-traded notes, exchange traded currency trusts, closed-end funds, and real estate investment trusts that offer diversified exposure, including inverse exposure, to global regions, countries, styles and sectors. Cambria Global is traded on BATS Exchange in the United States.