Advisorshares Ranger Equity Etf Market Value
| HDGE Etf | USD 17.57 0.25 1.40% |
| Symbol | AdvisorShares |
The market value of AdvisorShares Ranger 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 Ranger's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Ranger'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 Ranger's market value can be influenced by many factors that don't directly affect AdvisorShares Ranger'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 Ranger's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Ranger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Ranger'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 Ranger '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 Ranger'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 Ranger.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in AdvisorShares Ranger on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding AdvisorShares Ranger Equity or generate 0.0% return on investment in AdvisorShares Ranger over 90 days. AdvisorShares Ranger is related to or competes with ProShares Short, AdvisorShares Dorsey, ProShares Short, ProShares Short, and ProShares Short. The Sub-Advisor seeks to achieve the funds investment objective by short selling a portfolio of liquid mid- and large-ca... More
AdvisorShares Ranger 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 Ranger'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 Ranger Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.254 | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 2.11 |
AdvisorShares Ranger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AdvisorShares Ranger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AdvisorShares Ranger's standard deviation. In reality, there are many statistical measures that can use AdvisorShares Ranger historical prices to predict the future AdvisorShares Ranger's volatility.| Risk Adjusted Performance | 0.142 | |||
| Jensen Alpha | 0.0778 | |||
| Total Risk Alpha | 0.2947 | |||
| Sortino Ratio | 0.2665 | |||
| Treynor Ratio | (0.21) |
AdvisorShares Ranger Backtested Returns
At this point, AdvisorShares Ranger is very steady. AdvisorShares Ranger 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 Ranger Equity, which you can use to evaluate the volatility of the entity. Please confirm AdvisorShares Ranger's Mean Deviation of 0.8743, risk adjusted performance of 0.142, and Downside Deviation of 1.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. 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, returns on owning AdvisorShares Ranger are expected to decrease at a much lower rate. During the bear market, AdvisorShares Ranger is likely to outperform the market.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
AdvisorShares Ranger Equity has almost perfect reverse predictability. Overlapping area represents the amount of predictability between AdvisorShares Ranger time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. 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 Ranger price movement. The serial correlation of -0.79 indicates that around 79.0% of current AdvisorShares Ranger price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
AdvisorShares Ranger lagged returns against current returns
Autocorrelation, which is AdvisorShares Ranger 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 Ranger's etf expected returns. We can calculate the autocorrelation of AdvisorShares Ranger returns to help us make a trade decision. For example, suppose you find that AdvisorShares Ranger 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 |
| Timeline |
AdvisorShares Ranger 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 Ranger etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AdvisorShares Ranger etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AdvisorShares Ranger etf over time.
Current vs Lagged Prices |
| Timeline |
AdvisorShares Ranger Lagged Returns
When evaluating AdvisorShares Ranger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AdvisorShares Ranger etf have on its future price. AdvisorShares Ranger 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 Ranger autocorrelation shows the relationship between AdvisorShares Ranger etf current value and its past values and can show if there is a momentum factor associated with investing in AdvisorShares Ranger Equity.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AdvisorShares Ranger is a strong investment it is important to analyze AdvisorShares Ranger's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AdvisorShares Ranger's future performance. For an informed investment choice regarding AdvisorShares Etf, refer to the following important reports:Check out AdvisorShares Ranger Correlation, AdvisorShares Ranger Volatility and AdvisorShares Ranger Alpha and Beta module to complement your research on AdvisorShares Ranger. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
AdvisorShares Ranger 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.