Advisorshares Etf Profile
AdvisorShares is selling for under 24.43 as of the 28th of November 2024; that is 0.12 percent down since the beginning of the trading day. The etf's last reported lowest price was 24.43. Equity ratings for AdvisorShares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
AdvisorShares Etf Highlights
| Old Name | AdvisorShares Trust - AdvisorShares Alpha DNA Equity Sentiment ETF |
| Business Concentration | Long-Short Equity, AdvisorShares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (6.03) |
| Name | AdvisorShares Trust - AdvisorShares Alpha DNA Equity Sentiment ETF |
| Currency Code | USD |
| Open Figi | BBG00Z4B70J5 |
| 1y Volatility | 17.18 |
| 200 Day M A | 23.0552 |
| 50 Day M A | 22.1857 |
| Code | SENT |
| Updated At | 31st of January 2024 |
| Currency Name | US Dollar |
| Type | ETF |
AdvisorShares [SENT] is traded in USA and was established 2021-02-02. The fund is listed under Long-Short Equity category and is part of AdvisorShares family. AdvisorShares at this time have 49.38 M in assets. , while the total return for the last year was -7.8%.
Check AdvisorShares 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 AdvisorShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AdvisorShares 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 AdvisorShares 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 AdvisorShares Etf Constituents
| ABNB | Airbnb Inc | Stock | Consumer Discretionary | |
| AMD | Advanced Micro Devices | Stock | Information Technology | |
| AMN | AMN Healthcare Services | Stock | Health Care | |
| ANF | Abercrombie Fitch | Stock | Consumer Discretionary | |
| BC | Brunswick | Stock | Consumer Discretionary | |
| EAT | Brinker International | Stock | Consumer Discretionary | |
| ROKU | Roku Inc | Stock | Communication Services | |
| TPR | Tapestry | Stock | Consumer Discretionary |
AdvisorShares Risk Profiles
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 AdvisorShares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.7033 | |||
| Semi Deviation | 0.6209 | |||
| Standard Deviation | 0.8439 | |||
| Variance | 0.7122 |
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 World Market Map 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 board of governors. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.