Advisorshares Restaurant Etf Price on September 24, 2024
| EATZ Etf | USD 28.23 0.40 1.40% |
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 Restaurant stands at 28.23, as last reported on the 29th of December, with the highest price reaching 28.32 and the lowest price hitting 28.23 during the day. At this stage we consider AdvisorShares Etf to be very steady. AdvisorShares Restaurant secures Sharpe Ratio (or Efficiency) of 0.08, which signifies that the etf had a 0.08% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AdvisorShares Restaurant ETF, which you can use to evaluate the volatility of the entity. Please confirm AdvisorShares Restaurant's Risk Adjusted Performance of 0.0764, downside deviation of 1.17, and Mean Deviation of 0.9008 to double-check if the risk estimate we provide is consistent with the expected return of 0.0994%.
AdvisorShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
AdvisorShares |
Sharpe Ratio = 0.08
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average AdvisorShares Restaurant is performing at about 6% 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 Restaurant by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 7.9 K |
AdvisorShares Restaurant Valuation on September 24, 2024
It is possible to determine the worth of AdvisorShares Restaurant on a given historical date. On September 24, 2024 AdvisorShares was worth 26.55 at the beginning of the trading date compared to the closed value of 26.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AdvisorShares Restaurant etf. Still, in general, we apply an absolute valuation method to find AdvisorShares Restaurant'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 Restaurant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AdvisorShares Restaurant's related companies.
| Open | High | Low | Close | Volume | |
| 26.30 | 26.47 | 26.30 | 26.44 | 3,100 | |
09/24/2024 | 26.55 | 26.55 | 26.49 | 26.49 | 400.00 |
| 26.33 | 26.33 | 26.33 | 26.33 | 200.00 |
| Backtest AdvisorShares Restaurant | | | AdvisorShares Restaurant History | | | AdvisorShares Restaurant Valuation | Previous | Next |
AdvisorShares Restaurant Trading Date Momentum on September 24, 2024
| On September 25 2024 AdvisorShares Restaurant ETF was traded for 26.33 at the closing time. The top price for the day was 26.33 and the lowest listed price was 26.33 . The trading volume for the day was 200. The trading history from September 25, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.60% . The overall trading delta against the current closing price is 1.70% . |
AdvisorShares Restaurant Fundamentals Correlations and Trends
By evaluating AdvisorShares Restaurant'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 Restaurant'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 Restaurant Etf history
AdvisorShares Restaurant 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 Restaurant 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 Restaurant stock prices may prove useful in developing a viable investing in AdvisorShares Restaurant
The fund is an actively managed 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 restaurant business. AdvisorShares Restaurant is traded on NYSEARCA Exchange in the United States.
AdvisorShares Restaurant Etf Technical Analysis
AdvisorShares Restaurant 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 Restaurant Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
AdvisorShares Restaurant 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 Restaurant December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how AdvisorShares Restaurant 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 Restaurant shares will generate the highest return on investment. By undertsting and applying AdvisorShares Restaurant etf market strength indicators, traders can identify AdvisorShares Restaurant ETF entry and exit signals to maximize returns
AdvisorShares Restaurant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AdvisorShares Restaurant'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 | 0.0764 | |||
| Jensen Alpha | 0.0963 | |||
| Total Risk Alpha | 0.0687 | |||
| Sortino Ratio | 0.069 | |||
| Treynor Ratio | 0.3324 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AdvisorShares Restaurant 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 estimate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of AdvisorShares Restaurant 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 Restaurant's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Restaurant'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 Restaurant's market value can be influenced by many factors that don't directly affect AdvisorShares Restaurant'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 Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Restaurant'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.