Advisorshares Etf Return On Asset
AdvisorShares fundamentals help investors to digest information that contributes to AdvisorShares' financial success or failures. It also enables traders to predict the movement of AdvisorShares Etf. The fundamental analysis module provides a way to measure AdvisorShares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AdvisorShares etf.
AdvisorShares |
AdvisorShares ETF Return On Asset Analysis
AdvisorShares' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current AdvisorShares Return On Asset | -59.59 |
Most of AdvisorShares' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AdvisorShares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, AdvisorShares has a Return On Asset of -59.59. This is much lower than that of the family and significantly lower than that of the Return On Asset category. The return on asset for all United States etfs is notably higher than that of the company.
AdvisorShares Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AdvisorShares' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of AdvisorShares could also be used in its relative valuation, which is a method of valuing AdvisorShares by comparing valuation metrics of similar companies.AdvisorShares is currently under evaluation in return on asset as compared to similar ETFs.
Fund Asset Allocation for AdvisorShares
The fund invests 99.06% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides AdvisorShares' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
AdvisorShares Fundamentals
| Return On Equity | -109.84 | |||
| Return On Asset | -59.59 | |||
| Current Valuation | 362.04 M | |||
| Shares Outstanding | 123.99 M | |||
| Shares Owned By Insiders | 22.73 % | |||
| Shares Owned By Institutions | 32.82 % | |||
| Price To Earning | 9.94 X | |||
| Price To Book | 0.96 X | |||
| Price To Sales | 0.84 X | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 17.26 X | |||
| Earnings Per Share | (3.71) X | |||
| Number Of Employees | 473 | |||
| Market Capitalization | 407.68 M | |||
| Total Asset | 9.47 M | |||
| One Year Return | (4.31) % | |||
| Net Asset | 9.47 M | |||
| Equity Positions Weight | 99.06 % |
Pair Trading with AdvisorShares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AdvisorShares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AdvisorShares will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Perrigo Company could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perrigo Company when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perrigo Company - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perrigo Company PLC to buy it.
The correlation of Perrigo Company is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perrigo Company moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perrigo Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perrigo Company can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Tools for AdvisorShares Etf
When running AdvisorShares' price analysis, check to measure AdvisorShares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AdvisorShares is operating at the current time. Most of AdvisorShares' value examination focuses on studying past and present price action to predict the probability of AdvisorShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvisorShares' price. Additionally, you may evaluate how the addition of AdvisorShares to your portfolios can decrease your overall portfolio volatility.
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