Advisorshares Hotel Etf Price on November 22, 2023

BEDZ Etf  USD 33.20  0.69  2.04%   
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 33.20, as last reported on the 30th of December, with the highest price reaching 33.20 and the lowest price hitting 33.20 during the day. AdvisorShares Hotel appears to be very steady, given 3 months investment horizon. AdvisorShares Hotel ETF secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the etf had a 0.17% 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 makes use of AdvisorShares Hotel's Downside Deviation of 1.18, mean deviation of 0.8065, and Risk Adjusted Performance of 0.1391 to double-check if our risk estimates are consistent with your expectations.
  
AdvisorShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1725

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Estimated Market Risk

 1.14
  actual daily
10
90% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average AdvisorShares Hotel is performing at about 13% 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
9.8 K

AdvisorShares Hotel Valuation on November 22, 2023

It is possible to determine the worth of AdvisorShares Hotel on a given historical date. On November 22, 2023 AdvisorShares was worth 26.05 at the beginning of the trading date compared to the closed value of 25.96. 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
  25.76    25.76    25.76    25.76    100.00  
11/22/2023
  26.05    26.06    25.96    25.96    900.00  
  25.90    25.90    25.90    25.90    200.00  
Backtest AdvisorShares Hotel  |  AdvisorShares Hotel History  |  AdvisorShares Hotel Valuation PreviousNext  
Open Value
26.05
25.96
Closing Value
29.46
Upside

AdvisorShares Hotel Trading Date Momentum on November 22, 2023

On November 24 2023 AdvisorShares Hotel ETF was traded for  25.90  at the closing time. The top price for the day was 25.90  and the lowest listed price was  25.90 . The trading volume for the day was 200. The trading history from November 24, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.23% . The overall trading delta against the current closing price is 1.39% .
JavaScript chart by amCharts 3.21.1511/22/2023Nov 13Nov 15Nov 17Nov 19Nov 21Nov 23Nov 25Nov 27Nov 29Dec25.025.526.0

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.
A focus of AdvisorShares Hotel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AdvisorShares Hotel trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

AdvisorShares Hotel Period Price Range

Low
December 30, 2024
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High

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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 30, 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.
When determining whether AdvisorShares Hotel ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AdvisorShares Hotel'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 Advisorshares Hotel Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Advisorshares Hotel Etf:
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.