AdvisorShares STAR Buy or Sell Recommendation

Macroaxis provides AdvisorShares STAR Global Buy Write ETF buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AdvisorShares STAR positions. The advice algorithm takes into account all of AdvisorShares STAR Global Buy Write ETF available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from AdvisorShares STAR buy-and-hold prospective. Also please take a look at AdvisorShares STAR Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
AdvisorShares STAR Global Buy Write ETF -- USA Etf  

USD 31.39  0.0001  0.0003%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding AdvisorShares STAR Global Buy Write ETF is 'Strong Hold'.
For the selected time horizon AdvisorShares STAR Global Buy Write ETF has a risk adjusted performance of 0.1168, jensen alpha of 0.0319, total risk alpha of (0.14), sortino ratio of 0.0 and treynor ratio of 0.3025
Macroaxis buy, hold, or sell suggestion module can be used to complement AdvisorShares STAR buy, hold, or sell recommendation provided by average analyst sentiment. It analyzes the etf potential to grow using fundamental, technical, data market data available at the time. Please makes use of AdvisorShares STAR Number of Employees as well as the relationship between Three Year Return and Equity Positions Weight to make buy, hold, or sell decision on AdvisorShares STAR G.

Returns Distribution Density

Mean Return0.14Value At Risk0.52
Potential Upside0.87Standard Deviation0.46
 Return Density 
      Distribution 

AdvisorShares STAR Greeks

α
Alpha over DOW
=0.03189
β
Beta against DOW=0.42
σ
Overall volatility
=0.44
Ir
Information ratio =0.22

AdvisorShares STAR Volatility Alert

AdvisorShares STAR Global Buy Write ETF exhibits very low volatility with skewness of -0.01 and kurtosis of 0.47. However, we advise investors to further study AdvisorShares STAR Global Buy Write ETF technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare AdvisorShares STAR to competition
FundamentalsAdvisorShares STARPeer Average
Price to Earning18.65 times8.24 times
Price to Book2.38 times0.97 times
Price to Sales1.75 times0.72 times
One Year Return11.49 % (1.25) %
Three Year Return5.44 % 2.26 %
Five Year Return4.66 % 0.2 %
Net Asset16.96 M888.73 M
Equity Positions Weight75.38 % 49.22 %
Bond Positions Weight13.41 % 8.08 %
SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1168
Market Risk Adjusted Performance0.3125
Mean Deviation0.3483
Coefficient Of Variation336.9
Standard Deviation0.4567
Variance0.2086
Information Ratio(0.22)
Jensen Alpha0.0319
Total Risk Alpha(0.14)
Treynor Ratio0.3025
Maximum Drawdown1.78
Value At Risk(0.52)
Potential Upside0.8726
Skewness(0.014376)
Kurtosis0.4671