Advisorshares Star Global Etf Performance

VEGA Etf  USD 41.18  0.15  0.37%   
The etf shows a Beta (market volatility) of -0.0513, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AdvisorShares STAR are expected to decrease at a much lower rate. During the bear market, AdvisorShares STAR is likely to outperform the market.

Risk-Adjusted Performance

15 of 100

 
Low
 
High
Good
Compared to the overall equity markets, risk-adjusted returns on investments in AdvisorShares STAR Global are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong technical and fundamental indicators, AdvisorShares STAR is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
1
Learn to Evaluate using the Charts - Stock Traders Daily
01/22/2024
2
SPDR SP500 ETF TRUST Trade Ideas BVLSPY TradingView - TradingView
03/25/2024
In Threey Sharp Ratio0.15
  

AdvisorShares STAR Relative Risk vs. Return Landscape

If you would invest  3,903  in AdvisorShares STAR Global on December 29, 2023 and sell it today you would earn a total of  215.00  from holding AdvisorShares STAR Global or generate 5.51% return on investment over 90 days. AdvisorShares STAR Global is currently generating 0.089% in daily expected returns and assumes 0.4518% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than AdvisorShares, 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  
Given the investment horizon of 90 days AdvisorShares STAR is expected to generate 1.49 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.27 times less risky than the market. It trades about 0.2 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 of returns per unit of risk over similar time horizon.

AdvisorShares STAR Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for AdvisorShares STAR's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AdvisorShares STAR Global, and traders can use it to determine the average amount a AdvisorShares STAR'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 = 0.1969

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashVEGAAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.45
  actual daily
3
97% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average AdvisorShares STAR is performing at about 15% 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 AdvisorShares STAR by adding it to a well-diversified portfolio.

AdvisorShares STAR Fundamentals Growth

AdvisorShares Etf prices reflect investors' perceptions of the future prospects and financial health of AdvisorShares STAR, and AdvisorShares STAR 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 AdvisorShares Etf performance.

About AdvisorShares STAR Performance

To evaluate AdvisorShares STAR Global Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when AdvisorShares STAR generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare AdvisorShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand AdvisorShares STAR Global market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents AdvisorShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.
When determining whether AdvisorShares STAR Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AdvisorShares STAR'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 Star Global Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Advisorshares Star Global Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AdvisorShares STAR Global. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the AdvisorShares STAR Global information on this page should be used as a complementary analysis to other AdvisorShares STAR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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.

Complementary Tools for AdvisorShares Etf analysis

When running AdvisorShares STAR's price analysis, check to measure AdvisorShares STAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AdvisorShares STAR is operating at the current time. Most of AdvisorShares STAR's value examination focuses on studying past and present price action to predict the probability of AdvisorShares STAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvisorShares STAR's price. Additionally, you may evaluate how the addition of AdvisorShares STAR to your portfolios can decrease your overall portfolio volatility.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stocks Directory
Find actively traded stocks across global markets
Commodity Directory
Find actively traded commodities issued by global exchanges
CEOs Directory
Screen CEOs from public companies around the world
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
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.