Cambria Global Asset Etf Profile

GAA Etf  USD 28.24  0.29  1.02%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Cambria Global is trading at 28.24 as of the 15th of April 2024, a -1.02% down since the beginning of the trading day. The etf's open price was 28.53. Cambria Global has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Cambria Global Asset are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of October 2023 and ending today, the 15th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its total assets in affiliated and unaffiliated exchange-traded funds and other exchange-traded products that provide exposure to various investment asset classes, including equity and fixed income securities, real estate, commodities, and currencies, and factors such as value, momentum, and trend investing. More on Cambria Global Asset

Moving together with Cambria Etf

  0.92AOA iShares Core AggressivePairCorr
  0.9RLY SPDR SSgA MultiPairCorr
  0.94GAL SPDR SSgA GlobalPairCorr
  0.95PPI Investment ManagersPairCorr
  0.79GYLD Arrow ETF TrustPairCorr
  0.95FCEF First Trust mePairCorr

Moving against Cambria Etf

  0.88BITI ProShares Trust Buyout TrendPairCorr

Cambria Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cambria Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cambria Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationAsset Allocation ETFs, Target Outcome ETFs, Global Allocation, CAMBRIA ETF TRUST (View all Sectors)
IssuerCambria
Inception Date2014-12-09
Entity TypeRegulated Investment Company
Asset Under Management52.82 Million
Average Trading Valume4,607
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationBlended Development
RegionGlobal
AdministratorALPS Fund Services, Inc.
AdvisorCambria Investment Management, L.P.
CustodianBrown Brothers Harriman& Co.
DistributorALPS Distributors, Inc.
Portfolio ManagerMebaneFaber
Transfer AgentBrown Brothers Harriman& Co.
Fiscal Year End30-Apr
ExchangeCboe BZX Exchange, Inc.
Number of Constituents28.0
Market MakerVirtu Financial
Total Expense0.42
Country NameUSA
Returns Y T D2.5
NameCambria Global Asset Allocation ETF
Currency CodeUSD
Open FigiBBG007PTNDR0
In Threey Volatility10.33
1y Volatility9.9
200 Day M A27.2606
50 Day M A28.351
CodeGAA
Updated At14th of April 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.03
TypeETF
Cambria Global Asset [GAA] is traded in USA and was established 2014-12-09. The fund is classified under Global Allocation category within CAMBRIA ETF TRUST family. The entity is thematically classified as Asset Allocation ETFs. Cambria Global Asset currently have 40.27 M in assets under management (AUM). , while the total return for the last 3 years was 1.7%.
Check Cambria Global Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Cambria Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Cambria Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Cambria Global Asset Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Cambria Global Asset Etf Constituents

BLDGCambria ETF TrustEtfReal Estate
BNDVanguard Total BondEtfIntermediate Core Bond
BNDXVanguard Total InternationalEtfGlobal Bond-USD Hedged
EYLDCambria Emerging ShareholderEtfDiversified Emerging Mkts
FYLDCambria Foreign ShareholderEtfForeign Small/Mid Value
GVALCambria Global ValueEtfForeign Small/Mid Value
PDBCInvesco Optimum YieldEtfCommodities Broad Basket
More Details

Cambria Global Target Price Odds Analysis

What are Cambria Global's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Cambria Global jumping above the current price in 90 days from now is about 29.61%. The Cambria Global Asset probability density function shows the probability of Cambria Global etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Cambria Global has a beta of 0.7346. This usually indicates as returns on the market go up, Cambria Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cambria Global Asset will be expected to be much smaller as well. Additionally, cambria Global Asset has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 28.24HorizonTargetOdds Above 28.24
69.93%90 days
 28.24 
29.61%
Based on a normal probability distribution, the odds of Cambria Global to move above the current price in 90 days from now is about 29.61 (This Cambria Global Asset probability density function shows the probability of Cambria Etf to fall within a particular range of prices over 90 days) .

Cambria Global Asset Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cambria Global market risk premium is the additional return an investor will receive from holding Cambria Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cambria Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cambria Global's alpha and beta are two of the key measurements used to evaluate Cambria Global's performance over the market, the standard measures of volatility play an important role as well.

Cambria Global Against Markets

Picking the right benchmark for Cambria Global etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cambria Global etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cambria Global is critical whether you are bullish or bearish towards Cambria Global Asset at a given time. Please also check how Cambria Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cambria Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Cambria Etf?

Before investing in Cambria Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cambria Global. To buy Cambria Global etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cambria Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Cambria Global etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cambria Global Asset etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Cambria Global Asset etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Cambria Global Asset, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cambria Etf please use our How to Invest in Cambria Global guide.

Already Invested in Cambria Global Asset?

The danger of trading Cambria Global Asset is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cambria Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cambria Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cambria Global Asset is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cambria Global Asset offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cambria Global'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 Cambria Global Asset Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Cambria Global Asset Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Cambria Global Asset. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Cambria Global Asset information on this page should be used as a complementary analysis to other Cambria Global'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Cambria Global Asset 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.