Advisorshares Gerber Kawasaki Etf Market Value
| GK Etf | USD 22.87 0.35 1.55% |
| Symbol | AdvisorShares |
The market value of AdvisorShares Gerber 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 Gerber's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Gerber'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 Gerber's market value can be influenced by many factors that don't directly affect AdvisorShares Gerber'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 Gerber's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Gerber is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Gerber'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.
AdvisorShares Gerber 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AdvisorShares Gerber's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AdvisorShares Gerber.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in AdvisorShares Gerber on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding AdvisorShares Gerber Kawasaki or generate 0.0% return on investment in AdvisorShares Gerber over 30 days. AdvisorShares Gerber is related to or competes with Future Fund, Tidal ETF, Unifirst, Hawaiian Telcom, and Forrester Research. The fund primarily invests in U.S. exchange traded equity securities, including common and preferred stock and ADRs More
AdvisorShares Gerber Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AdvisorShares Gerber's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AdvisorShares Gerber Kawasaki upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.0685 | |||
| Maximum Drawdown | 5.61 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.23 |
AdvisorShares Gerber Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AdvisorShares Gerber's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AdvisorShares Gerber's standard deviation. In reality, there are many statistical measures that can use AdvisorShares Gerber historical prices to predict the future AdvisorShares Gerber's volatility.| Risk Adjusted Performance | 0.1523 | |||
| Jensen Alpha | 0.0868 | |||
| Total Risk Alpha | 0.0343 | |||
| Sortino Ratio | 0.0592 | |||
| Treynor Ratio | 0.2266 |
AdvisorShares Gerber Backtested Returns
As of now, AdvisorShares Etf is very steady. AdvisorShares Gerber secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the etf had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for AdvisorShares Gerber Kawasaki, which you can use to evaluate the volatility of the entity. Please confirm AdvisorShares Gerber's Mean Deviation of 0.6484, downside deviation of 1.03, and Risk Adjusted Performance of 0.1523 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The etf shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AdvisorShares Gerber's returns are expected to increase less than the market. However, during the bear market, the loss of holding AdvisorShares Gerber is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
AdvisorShares Gerber Kawasaki has virtually no predictability. Overlapping area represents the amount of predictability between AdvisorShares Gerber time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AdvisorShares Gerber price movement. The serial correlation of 0.02 indicates that only 2.0% of current AdvisorShares Gerber price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
AdvisorShares Gerber lagged returns against current returns
Autocorrelation, which is AdvisorShares Gerber etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting AdvisorShares Gerber's etf expected returns. We can calculate the autocorrelation of AdvisorShares Gerber returns to help us make a trade decision. For example, suppose you find that AdvisorShares Gerber has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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AdvisorShares Gerber regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AdvisorShares Gerber etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AdvisorShares Gerber etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AdvisorShares Gerber etf over time.
Current vs Lagged Prices |
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AdvisorShares Gerber Lagged Returns
When evaluating AdvisorShares Gerber's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AdvisorShares Gerber etf have on its future price. AdvisorShares Gerber autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, AdvisorShares Gerber autocorrelation shows the relationship between AdvisorShares Gerber etf current value and its past values and can show if there is a momentum factor associated with investing in AdvisorShares Gerber Kawasaki.
Regressed Prices |
| Timeline |
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AdvisorShares Gerber 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.