Advisorshares Hotel Etf Price on January 2, 2024
| BEDZ Etf | USD 33.37 0.15 0.45% |
If you're considering investing in AdvisorShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of AdvisorShares Hotel stands at 33.37, as last reported on the 25th of December, with the highest price reaching 33.37 and the lowest price hitting 33.37 during the day. At this stage we consider AdvisorShares Etf to be very steady. AdvisorShares Hotel ETF secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the etf had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AdvisorShares Hotel ETF, which you can use to evaluate the volatility of the entity. Please confirm AdvisorShares Hotel's Risk Adjusted Performance of 0.1302, downside deviation of 1.18, and Mean Deviation of 0.8147 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
AdvisorShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
AdvisorShares |
Sharpe Ratio = 0.1619
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average AdvisorShares Hotel is performing at about 12% 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 Hotel by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 10.2 K |
AdvisorShares Hotel Valuation on January 2, 2024
It is possible to determine the worth of AdvisorShares Hotel on a given historical date. On January 2, 2024 AdvisorShares was worth 27.74 at the beginning of the trading date compared to the closed value of 27.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AdvisorShares Hotel etf. Still, in general, we apply an absolute valuation method to find AdvisorShares Hotel's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AdvisorShares Hotel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AdvisorShares Hotel's related companies.
| Open | High | Low | Close | Volume | |
| 27.94 | 27.95 | 27.87 | 27.87 | 1,400 | |
01/02/2024 | 27.74 | 27.74 | 27.74 | 27.74 | 100.00 |
| 27.40 | 27.40 | 27.40 | 27.40 | 200.00 |
| Backtest AdvisorShares Hotel | | | AdvisorShares Hotel History | | | AdvisorShares Hotel Valuation | Previous | Next |
AdvisorShares Hotel Trading Date Momentum on January 2, 2024
| On January 03 2024 AdvisorShares Hotel ETF was traded for 27.40 at the closing time. The top price for the day was 27.40 and the lowest listed price was 27.40 . The trading volume for the day was 200. The trading history from January 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.23% . The overall trading delta against the current closing price is 1.30% . |
AdvisorShares Hotel ETF Fundamentals Correlations and Trends
By evaluating AdvisorShares Hotel's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AdvisorShares Hotel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AdvisorShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AdvisorShares Hotel Etf history
AdvisorShares Hotel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AdvisorShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AdvisorShares Hotel ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AdvisorShares Hotel stock prices may prove useful in developing a viable investing in AdvisorShares Hotel
The fund is an actively ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in securities of companies that derive at least 50 percent of their net revenue from the hotel business. AdvisorShares Hotel is traded on NYSEARCA Exchange in the United States.
AdvisorShares Hotel Etf Technical Analysis
AdvisorShares Hotel technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
AdvisorShares Hotel Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
AdvisorShares Hotel ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
AdvisorShares Hotel December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how AdvisorShares Hotel etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AdvisorShares Hotel shares will generate the highest return on investment. By undertsting and applying AdvisorShares Hotel etf market strength indicators, traders can identify AdvisorShares Hotel ETF entry and exit signals to maximize returns
AdvisorShares Hotel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AdvisorShares Hotel's price direction in advance. Along with the technical and fundamental analysis of AdvisorShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of AdvisorShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1302 | |||
| Jensen Alpha | 0.1763 | |||
| Total Risk Alpha | 0.1251 | |||
| Sortino Ratio | 0.1197 | |||
| Treynor Ratio | (17.96) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AdvisorShares Hotel ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of AdvisorShares Hotel ETF 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 Hotel's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Hotel'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 Hotel's market value can be influenced by many factors that don't directly affect AdvisorShares Hotel'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 Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Hotel'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.