Cambria Global Momentum Etf Price on October 25, 2024
| GMOM Etf | USD 30.22 0.37 1.24% |
Below is the normalized historical share price chart for Cambria Global Momentum extending back to November 04, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cambria Global stands at 30.22, as last reported on the 12th of December 2024, with the highest price reaching 30.27 and the lowest price hitting 30.08 during the day.
If you're considering investing in Cambria Etf, it is important to understand the factors that can impact its price. As of now, Cambria Etf is very steady. Cambria Global Momentum secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the etf had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cambria Global Momentum, which you can use to evaluate the volatility of the entity. Please confirm Cambria Global's Mean Deviation of 0.6628, downside deviation of 0.7198, and Risk Adjusted Performance of 0.1104 to double-check if the risk estimate we provide is consistent with the expected return of 0.0921%.
Cambria Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 10.7 | 200 Day MA 29.0053 | 1 y Volatility 10.07 | 50 Day MA 29.6905 | Inception Date 2014-11-03 |
Cambria |
Sharpe Ratio = 0.1096
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Cambria Global is performing at about 8% 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 Cambria Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 19.8 K |
Cambria Global Valuation on October 25, 2024
It is possible to determine the worth of Cambria Global on a given historical date. On October 25, 2024 Cambria was worth 29.63 at the beginning of the trading date compared to the closed value of 29.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cambria Global etf. Still, in general, we apply an absolute valuation method to find Cambria Global'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 Cambria Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cambria Global's related companies.
| Open | High | Low | Close | Volume | |
| 29.67 | 29.68 | 29.21 | 29.21 | 31,374 | |
10/25/2024 | 29.63 | 29.68 | 29.46 | 29.52 | 3,382 |
| 29.97 | 29.97 | 29.63 | 29.67 | 2,282 |
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Cambria Global Trading Date Momentum on October 25, 2024
| On October 28 2024 Cambria Global Momentum was traded for 29.67 at the closing time. The top price for the day was 29.97 and the lowest listed price was 29.63 . The trading volume for the day was 2.3 K. The trading history from October 28, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.51% . The overall trading delta against the current closing price is 0.75% . |
Cambria Global Momentum Fundamentals Correlations and Trends
By evaluating Cambria Global'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 Cambria Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cambria financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cambria Global Etf history
Cambria Global 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 Cambria is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cambria Global Momentum 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 Cambria Global stock prices may prove useful in developing a viable investing in Cambria Global
The fund is considered a fund of funds that seeks to achieve its investment objective by primarily investing in other exchange-traded funds and other exchange traded products including, but not limited to, exchange-traded notes, exchange traded currency trusts, closed-end funds, and real estate investment trusts that offer diversified exposure, including inverse exposure, to global regions, countries, styles and sectors. Cambria Global is traded on BATS Exchange in the United States.
Cambria Global Etf Technical Analysis
Cambria Global 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
Cambria Global Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Cambria Global Momentum cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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.
Cambria Global December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Cambria Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cambria Global shares will generate the highest return on investment. By undertsting and applying Cambria Global etf market strength indicators, traders can identify Cambria Global Momentum entry and exit signals to maximize returns
Cambria Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cambria Global's price direction in advance. Along with the technical and fundamental analysis of Cambria Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cambria 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 | 0.1104 | |||
| Jensen Alpha | 0.0388 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0039 | |||
| Treynor Ratio | 0.1711 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Cambria Global Momentum. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. 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 Cambria Global Momentum is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Global's value that differs from its market value or its book value, called intrinsic value, which is Cambria Global'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 Cambria Global's market value can be influenced by many factors that don't directly affect Cambria Global'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 Cambria Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Global'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.