Advisorshares Star Global Etf Performance
| VEGA Etf | USD 43.68 0.30 0.68% |
The etf shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AdvisorShares STAR's returns are expected to increase less than the market. However, during the bear market, the loss of holding AdvisorShares STAR is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in AdvisorShares STAR Global are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong technical and fundamental indicators, AdvisorShares STAR is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
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| In Threey Sharp Ratio | 0.11 |
AdvisorShares |
AdvisorShares STAR Relative Risk vs. Return Landscape
If you would invest 4,332 in AdvisorShares STAR Global on September 20, 2024 and sell it today you would earn a total of 46.00 from holding AdvisorShares STAR Global or generate 1.06% return on investment over 90 days. AdvisorShares STAR Global is currently generating 0.0179% in daily expected returns and assumes 0.526% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than AdvisorShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
AdvisorShares STAR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AdvisorShares STAR's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AdvisorShares STAR Global, and traders can use it to determine the average amount a AdvisorShares STAR's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.034
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| Negative Returns | VEGA |
Estimated Market Risk
| 0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average AdvisorShares STAR is performing at about 2% 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 STAR by adding it to a well-diversified portfolio.
AdvisorShares STAR Fundamentals Growth
AdvisorShares Etf prices reflect investors' perceptions of the future prospects and financial health of AdvisorShares STAR, and AdvisorShares STAR fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AdvisorShares Etf performance.
| Price To Earning | 18.65 X | |||
| Price To Book | 2.38 X | |||
| Price To Sales | 1.75 X | |||
| Total Asset | 35.96 M | |||
About AdvisorShares STAR Performance
By analyzing AdvisorShares STAR's fundamental ratios, stakeholders can gain valuable insights into AdvisorShares STAR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AdvisorShares STAR has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if AdvisorShares STAR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund is an actively managed exchange-traded fund that is primarily a fund of funds. Advisorshares Star is traded on NYSEARCA Exchange in the United States.