Cambria Global Momentum Etf Performance
| GMOM Etf | USD 29.62 0.19 0.64% |
The etf shows a Beta (market volatility) of -0.02, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cambria Global are expected to decrease at a much lower rate. During the bear market, Cambria Global is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Cambria Global Momentum are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Cambria Global is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Cambria Global Momentum ETF declares quarterly distribution of 0.0702 | 12/23/2024 |
2 | Long Term Trading Analysis for - Stock Traders Daily | 01/29/2025 |
| In Threey Sharp Ratio | -0.18 |
Cambria |
Cambria Global Relative Risk vs. Return Landscape
If you would invest 2,878 in Cambria Global Momentum on November 2, 2024 and sell it today you would earn a total of 84.00 from holding Cambria Global Momentum or generate 2.92% return on investment over 90 days. Cambria Global Momentum is currently generating 0.0523% in daily expected returns and assumes 0.8519% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Cambria, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
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 = 0.0614
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | GMOM | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Cambria Global is performing at about 4% 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.| Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Cambria Global Momentum. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Cambria Global Momentum is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Global's value that differs from its market value or its book value, called intrinsic value, which is Cambria Global'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 Cambria Global's market value can be influenced by many factors that don't directly affect Cambria Global'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 Cambria Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Global'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.