AdvisorShares STAR Beta vs. One Year Return
| VEGA Etf | USD 44.59 0.20 0.45% |
For AdvisorShares STAR profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AdvisorShares STAR to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AdvisorShares STAR Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AdvisorShares STAR's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AdvisorShares STAR Global over time as well as its relative position and ranking within its peers.
AdvisorShares |
The market value of AdvisorShares STAR Global 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 STAR's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares STAR'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 STAR's market value can be influenced by many factors that don't directly affect AdvisorShares STAR'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 STAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares STAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares STAR'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 STAR Global One Year Return vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AdvisorShares STAR's current stock value. Our valuation model uses many indicators to compare AdvisorShares STAR value to that of its competitors to determine the firm's financial worth. AdvisorShares STAR Global is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 18.78 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AdvisorShares STAR's earnings, one of the primary drivers of an investment's value.AdvisorShares One Year Return vs. Beta
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 is expected to significantly outperform 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.
AdvisorShares STAR |
| = | 0.74 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
AdvisorShares STAR |
| = | 13.90 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
AdvisorShares One Year Return Comparison
AdvisorShares STAR is currently under evaluation in one year return as compared to similar ETFs.
Beta Analysis
As returns on the market increase, AdvisorShares STAR's returns are expected to increase less than the market. However, during the bear market, the loss of holding AdvisorShares STAR is expected to be smaller as well.
AdvisorShares STAR Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AdvisorShares STAR, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AdvisorShares STAR will eventually generate negative long term returns. The profitability progress is the general direction of AdvisorShares STAR's change in net profit over the period of time. It can combine multiple indicators of AdvisorShares STAR, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund is an actively managed exchange-traded fund that is primarily a fund of funds. Advisorshares Star is traded on NYSEARCA Exchange in the United States.
AdvisorShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AdvisorShares STAR. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of AdvisorShares STAR position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the AdvisorShares STAR's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your AdvisorShares STAR position
In addition to having AdvisorShares STAR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 8 constituents at this time.
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To fully project AdvisorShares STAR's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AdvisorShares STAR Global at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include AdvisorShares STAR's income statement, its balance sheet, and the statement of cash flows.