AdvisorShares Pure Cannabis ETF Key Fundamental And Technical Indicators
| YOLO ETF | USD 3.19 -0.05 -1.54% |
Momentum
OversoldOverbought
54 · Impartial
As of the 7th of May, AdvisorShares Pure is valued at 3.19 per share. Indicator levels currently stand at Risk Adjusted Performance of 0.08, downside deviation of 4.21, and Mean Deviation of 2.95. Historical price dispersion and volume trends are incorporated into the evaluation. Values are analyzed in relation to historical volatility thresholds.
AdvisorShares Pure discloses its performance through quarterly and annual statements used to model future cash flows. Performance benchmarked against historical norms is reflected in the key metrics below: Year-over-year changes in AdvisorShares Pure's income statement and balance sheet highlight improvement or deterioration. Key indicators supporting valuation and risk profile assessment are shown below:AdvisorShares Pure Cannabis does not currently have any fundamental trend indicators for analysis. For wider market screening beyond AdvisorShares Pure, explore the Equity Screeners module. This expands the analysis beyond AdvisorShares Pure to a wider set of instruments.AdvisorShares Pure's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it tends to significantly outperform the market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta | = | CovarianceVariance |
Current AdvisorShares Pure Trailing Beta | 0.63 |
Reading Trailing Beta in context clarifies whether AdvisorShares Pure Cannabis is fairly priced by the market. Checking AdvisorShares Pure's market valuation against core benchmarks shows if the stock is priced for growth or value. Market prices reflect future hopes, which may differ from what past financial data suggests.
| Competition |
Main Technical Indicators as of May 7, 2026
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.08 | |||
| Market Risk Adjusted Performance | 0.1759 | |||
| Mean Deviation | 2.95 | |||
| Semi Deviation | 3.7 | |||
| Downside Deviation | 4.21 | |||
| Coefficient Of Variation | 1332.14 | |||
| Standard Deviation | 4.09 | |||
| Variance | 16.74 | |||
| Information Ratio | 0.0702 | |||
| Jensen Alpha | 0.2794 | |||
| Total Risk Alpha | 0.2551 | |||
| Sortino Ratio | 0.0683 | |||
| Treynor Ratio | 0.1659 | |||
| Maximum Drawdown | 28.38 | |||
| Value At Risk | -5.36 | |||
| Potential Upside | 5.82 | |||
| Downside Variance | 17.71 | |||
| Semi Variance | 13.73 | |||
| Expected Short fall | -3.13 | |||
| Skewness | 0.7494 | |||
| Kurtosis | 4.0 |
Daily Market Strength Indicators
For investors tracking AdvisorShares Pure Cannabis, market strength indicators offer quantitative evaluation of ETF behavior. When Rate of Change diverges from price direction, it often signals weakening momentum before a visible reversal in AdvisorShares Pure. These metrics are particularly useful when AdvisorShares Pure ETF shows divergence from broader market trends. These metrics provide additional context for comparing intraday conviction with broader price movement in AdvisorShares Pure.
Basic Forecasting Models
Volume-weighted price analysis for AdvisorShares ETF gives heavier weight to price levels where trading activity was highest. Crossovers in the MACD line and signal line identify shifts in AdvisorShares momentum before they appear in raw price. Comparing AdvisorShares Pure's realized volatility to implied volatility reveals whether the options market expects larger or smaller moves. Readings above 80 or below 20 highlight potential reversal zones in AdvisorShares ETF price action.AdvisorShares Pure Related Equities
Investors studying AdvisorShares Pure often look at related stocks within the Miscellaneous Sector space to gauge pricing and results. Checking AdvisorShares Pure against peers on P/E, margins, and return on equity helps put its position in context. Peer review is most informative when paired with absolute pricing and trend checks. Weighing both financial metrics and softer factors when comparing these firms produces a more balanced assessment.
| Risk & Return | Correlation |
Trailing Beta Peer Comparison
Peer comparison of AdvisorShares Pure using Trailing Beta provides a quantitative benchmark against similar ETFs. Identifying gaps in AdvisorShares Pure's Trailing Beta relative to peers supports more targeted investment analysis. This relative framework helps distinguish company-specific Trailing Beta drivers from broader sector trends. Reviewing AdvisorShares Pure's Trailing Beta peer data as part of a broader comparative analysis adds relative context.AdvisorShares Pure is currently under evaluation in trailing beta against similar ETFs.
Financial Ratios Relationships
Fund Asset Allocation for AdvisorShares Pure
The fund invests 68.74% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.The asset allocation strategy of AdvisorShares Pure's governs distribution across stocks, bonds, cash, and other categories. A well-diversified allocation that aligns with objectives helps AdvisorShares Pure's pursue consistent returns. The asset allocation framework establishes the appropriate balance of risk and return for AdvisorShares Pure's investors. This structured approach ensures AdvisorShares Pure's portfolio remains aligned with its stated investment goals.
Mutual fund asset allocation is determined by the fund's investment objective and portfolio construction approach. Fund managers are responsible for maintaining and adjusting this allocation to stay aligned with the fund's goals. Fund allocation decisions are influenced by both top-down macroeconomic views and bottom-up security analysis. The allocation breakdown is a practical starting point for evaluating whether this fund suits your investment goals.
As returns on the market increase, AdvisorShares Pure's returns tend to increase less than the market. However, during a bear market, the loss from holding AdvisorShares Pure tends to be smaller as well.
Important Fundamentals
| Number Of Employees | 707 | |||
| Trailing Beta | 0.63 | |||
| Total Asset TTM | 67.93 M | |||
| One Year Return | 55.40 % | |||
| Three Year Return | 4.00 % | |||
| Five Year Return | -30.90 % | |||
| Net Asset | 67.93 M | |||
| Last Dividend Paid | 0.13 | |||
| Equity Positions Weight | 68.74 % |
Financial Metrics, Fundamentals & Methodology
A holdings-based review of AdvisorShares Pure evaluates constituent exposure, concentration, and replication structure. Expense ratio and turnover can affect long-run net-of-fee outcomes.
AdvisorShares Pure Cannabis metrics draw on fund disclosures and market reference feeds, standardized for cross-period comparison. Statement-level metrics reflect company-reported GAAP or IFRS formats for the relevant filing period.
Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board