Advisorshares Trust Etf Market Value
| MSOX Etf | USD 7.44 0.51 7.36% |
| Symbol | AdvisorShares |
The market value of AdvisorShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect AdvisorShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Trust'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.
AdvisorShares Trust 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AdvisorShares Trust's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AdvisorShares Trust.
| 02/11/2023 |
| 01/31/2025 |
If you would invest 0.00 in AdvisorShares Trust on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding AdvisorShares Trust or generate 0.0% return on investment in AdvisorShares Trust over 720 days. AdvisorShares Trust is related to or competes with Verano Holdings, Amplify ETF, Ascend Wellness, and AdvisorShares Pure. The fund will enter into one or more swap agreements intended to produce economically-leveraged investment results relat... More
AdvisorShares Trust Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AdvisorShares Trust's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AdvisorShares Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 54.69 | |||
| Value At Risk | (12.23) | |||
| Potential Upside | 12.27 |
AdvisorShares Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AdvisorShares Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AdvisorShares Trust's standard deviation. In reality, there are many statistical measures that can use AdvisorShares Trust historical prices to predict the future AdvisorShares Trust's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (1.54) | |||
| Total Risk Alpha | (3.38) | |||
| Treynor Ratio | 0.3389 |
AdvisorShares Trust Backtested Returns
AdvisorShares Trust secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the etf had a -0.17 % return per unit of risk over the last 3 months. AdvisorShares Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AdvisorShares Trust's Mean Deviation of 7.52, risk adjusted performance of (0.14), and Standard Deviation of 11.97 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of -6.18, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning AdvisorShares Trust are expected to decrease by larger amounts. On the other hand, during market turmoil, AdvisorShares Trust is expected to outperform it.
Auto-correlation | -0.12 |
Insignificant reverse predictability
AdvisorShares Trust has insignificant reverse predictability. Overlapping area represents the amount of predictability between AdvisorShares Trust time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AdvisorShares Trust price movement. The serial correlation of -0.12 indicates that less than 12.0% of current AdvisorShares Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1339.1 |
AdvisorShares Trust lagged returns against current returns
Autocorrelation, which is AdvisorShares Trust etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting AdvisorShares Trust's etf expected returns. We can calculate the autocorrelation of AdvisorShares Trust returns to help us make a trade decision. For example, suppose you find that AdvisorShares Trust has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
AdvisorShares Trust regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AdvisorShares Trust etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AdvisorShares Trust etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AdvisorShares Trust etf over time.
Current vs Lagged Prices |
| Timeline |
AdvisorShares Trust Lagged Returns
When evaluating AdvisorShares Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AdvisorShares Trust etf have on its future price. AdvisorShares Trust autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, AdvisorShares Trust autocorrelation shows the relationship between AdvisorShares Trust etf current value and its past values and can show if there is a momentum factor associated with investing in AdvisorShares Trust .
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AdvisorShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AdvisorShares Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Advisorshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Advisorshares Trust Etf:Check out AdvisorShares Trust Correlation, AdvisorShares Trust Volatility and AdvisorShares Trust Alpha and Beta module to complement your research on AdvisorShares Trust. You can also try the Stocks Directory module to find actively traded stocks across global markets.
AdvisorShares Trust 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.