Cambria Global Asset Etf Volatility

GAA Etf  USD 28.66  0.21  0.74%   
We consider Cambria Global very steady. Cambria Global Asset secures Sharpe Ratio (or Efficiency) of 0.0321, which signifies that the etf had a 0.0321% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cambria Global Asset, which you can use to evaluate the volatility of the entity. Please confirm Cambria Global's Downside Deviation of 0.7007, mean deviation of 0.4871, and Risk Adjusted Performance of 0.0252 to double-check if the risk estimate we provide is consistent with the expected return of 0.0207%. Key indicators related to Cambria Global's volatility include:
30 Days Market Risk
Chance Of Distress
30 Days Economic Sensitivity
Cambria Global Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Cambria daily returns, and it is calculated using variance and standard deviation. We also use Cambria's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Cambria Global volatility.
Downward market volatility can be a perfect environment for investors who play the long game with Cambria Global. They may decide to buy additional shares of Cambria Global at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.

Moving together with Cambria Etf

  0.62AOA iShares Core AggressivePairCorr
  0.77RLY SPDR SSgA MultiPairCorr
  0.67GAL SPDR SSgA GlobalPairCorr
  0.68GYLD Arrow ETF TrustPairCorr
  0.63FCEF First Trust IncomePairCorr

Cambria Global Market Sensitivity And Downside Risk

Cambria Global's beta coefficient measures the volatility of Cambria etf compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Cambria etf's returns against your selected market. In other words, Cambria Global's beta of -0.0685 provides an investor with an approximation of how much risk Cambria Global etf can potentially add to one of your existing portfolios. Cambria Global Asset exhibits relatively low volatility with skewness of -0.45 and kurtosis of -0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cambria Global's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cambria Global's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Cambria Global Asset Demand Trend
Check current 90 days Cambria Global correlation with market (NYSE Composite)

Cambria Beta

Cambria standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

It is essential to understand the difference between upside risk (as represented by Cambria Global's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Cambria Global's daily returns or price. Since the actual investment returns on holding a position in cambria etf tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Cambria Global.

Cambria Global Asset Etf Volatility Analysis

Volatility refers to the frequency at which Cambria Global etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Cambria Global's price changes. Investors will then calculate the volatility of Cambria Global's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Cambria Global's volatility:

Historical Volatility

This type of etf volatility measures Cambria Global's fluctuations based on previous trends. It's commonly used to predict Cambria Global's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Cambria Global's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Cambria Global's to be redeemed at a future date.
The output start index for this execution was zero with a total number of output elements of sixty-one. Cambria Global Asset Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

Cambria Global Projected Return Density Against Market

Considering the 90-day investment horizon Cambria Global Asset has a beta of -0.0685 . This usually indicates as returns on the benchmark increase, returns on holding Cambria Global are expected to decrease at a much lower rate. During a bear market, however, Cambria Global Asset is likely to outperform the market.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cambria Global or CAMBRIA ETF TRUST sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cambria Global's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cambria etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Cambria Global Asset has an alpha of 0.0146, implying that it can generate a 0.0146 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Predicted Return Density   
Cambria Global's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how cambria etf's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Cambria Global Price Volatility?

Several factors can influence a etf's market volatility:


Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Cambria Global Etf Risk Measures

Considering the 90-day investment horizon the coefficient of variation of Cambria Global is 3110.67. The daily returns are distributed with a variance of 0.42 and standard deviation of 0.64. The mean deviation of Cambria Global Asset is currently at 0.5. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
Alpha over NYSE Composite
Beta against NYSE Composite-0.07
Overall volatility
Information ratio 0.04

Cambria Global Etf Return Volatility

Cambria Global historical daily return volatility represents how much of Cambria Global etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF has volatility of 0.6448% on return distribution over 90 days investment horizon. By contrast, NYSE Composite accepts 0.6339% volatility on return distribution over the 90 days horizon.

About Cambria Global Volatility

Volatility is a rate at which the price of Cambria Global or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Cambria Global may increase or decrease. In other words, similar to Cambria's beta indicator, it measures the risk of Cambria Global and helps estimate the fluctuations that may happen in a short period of time. So if prices of Cambria Global fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
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. Cambria Global is traded on BATS Exchange in the United States.
Cambria Global's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Cambria Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Cambria Global's price varies over time.

3 ways to utilize Cambria Global's volatility to invest better

Higher Cambria Global's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Cambria Global Asset etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Cambria Global Asset etf volatility can provide helpful information for making investment decisions in the following ways:
  • Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Cambria Global Asset investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in Cambria Global's etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
  • Diversification: Understanding how the volatility of Cambria Global's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

Cambria Global Investment Opportunity

Cambria Global Asset has a volatility of 0.64 and is 1.02 times more volatile than NYSE Composite. 5 percent of all equities and portfolios are less risky than Cambria Global. You can use Cambria Global Asset to enhance the returns of your portfolios. The etf experiences a moderate upward volatility. Check odds of Cambria Global to be traded at $31.53 in 90 days.

Good diversification

The correlation between Cambria Global Asset and NYA is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambria Global Asset and NYA in the same portfolio, assuming nothing else is changed.

Cambria Global Additional Risk Indicators

The analysis of Cambria Global's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Cambria Global's investment and either accepting that risk or mitigating it. Along with some common measures of Cambria Global etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Cambria Global Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Cambria Global as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Cambria Global's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Cambria Global's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Cambria Global Asset.

Additional Information and Resources on Investing in Cambria Etf

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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.