Advisorshares Etf Profile
AdvisorShares is selling at 17.39 as of the 20th of January 2025; that is No Change since the beginning of the trading day. The etf's last reported lowest price was 17.39. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 20th of January 2025. Click here to learn more.
AdvisorShares Etf Highlights
| Old Name | AdvisorShares Dorsey Wright Alpha Equal Weight ETF |
| Business Concentration | Large Growth, AdvisorShares (View all Sectors) |
| Nav Price | 20.02 |
| Two Hundred Day Average | 21.69 |
| Ytd | -29.05% |
| Average Daily Volume In Three Month | 1.51k |
| Fifty Two Week Low | 18.67 |
| As Of Date | 25th of October 2022 |
| Average Daily Volume Last 10 Day | 700 |
| Fifty Two Week High | 30.57 |
| One Month | 4.12% |
| Fifty Day Average | 19.84 |
| Three Month | -6.57% |
AdvisorShares [DWEQ] is traded in USA and was established 2019-12-26. The fund is listed under Large Growth category and is part of AdvisorShares family. AdvisorShares currently have 39.94 M in assets under management (AUM). , while the total return for the last year was -29.37%.
Check AdvisorShares Probability Of Bankruptcy
Top AdvisorShares Etf Constituents
| TT | Trane Technologies plc | Stock | Industrials | |
| ATO | Atmos Energy | Stock | Utilities | |
| CHDN | Churchill Downs Incorporated | Stock | Consumer Discretionary | |
| LB | LandBridge Company LLC | Stock | Real Estate | |
| FISV | Fiserv Inc | Stock | Financials | |
| CMG | Chipotle Mexican Grill | Stock | Consumer Discretionary | |
| PENN | Penn National Gaming | Stock | Consumer Discretionary | |
| CMS | CMS Energy | Stock | Utilities |
AdvisorShares Against Markets
AdvisorShares Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AdvisorShares etf to make a market-neutral strategy. Peer analysis of AdvisorShares could also be used in its relative valuation, which is a method of valuing AdvisorShares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of AdvisorShares 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' value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares' 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' market value can be influenced by many factors that don't directly affect AdvisorShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares' 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.