Advisorshares Pure Cannabis Etf Price History
YOLO Etf | USD 2.44 0.08 3.17% |
Below is the normalized historical share price chart for AdvisorShares Pure Cannabis extending back to April 18, 2019. 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 AdvisorShares Pure stands at 2.44, as last reported on the 14th of December 2024, with the highest price reaching 2.52 and the lowest price hitting 2.42 during the day.
If you're considering investing in AdvisorShares Etf, it is important to understand the factors that can impact its price. AdvisorShares Pure secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the etf had a -0.14% return per unit of risk over the last 3 months. AdvisorShares Pure Cannabis exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AdvisorShares Pure's Standard Deviation of 2.97, mean deviation of 1.78, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
AdvisorShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 46.02 | 200 Day MA 3.4176 | 1 y Volatility 39.94 | 50 Day MA 2.9555 | Inception Date 2019-04-17 |
AdvisorShares |
Sharpe Ratio = -0.1391
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | YOLO |
Estimated Market Risk
3.01 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AdvisorShares Pure is not performing at its full potential. However, 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 Pure by adding AdvisorShares Pure to a well-diversified portfolio.
Average Mkt Cap Mil 247.58048 |
AdvisorShares Pure Etf Price History Chart
There are several ways to analyze AdvisorShares Pure Cannabis Etf price data. The simplest method is using a basic AdvisorShares candlestick price chart, which shows AdvisorShares Pure price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 22, 2024 | 3.51 |
Lowest Price | December 12, 2024 | 2.44 |
AdvisorShares Pure December 14, 2024 Etf Price Synopsis
Various analyses of AdvisorShares Pure's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell AdvisorShares Etf. It can be used to describe the percentage change in the price of AdvisorShares Pure from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of AdvisorShares Etf.AdvisorShares Pure Price Action Indicator | (0.07) | |
AdvisorShares Pure Price Rate Of Daily Change | 0.97 | |
AdvisorShares Pure Price Daily Balance Of Power | (0.80) |
AdvisorShares Pure December 14, 2024 Etf Price Analysis
AdvisorShares Etf Price History Data
The price series of AdvisorShares Pure for the period between Sun, Sep 15, 2024 and Sat, Dec 14, 2024 has a statistical range of 1.07 with a coefficient of variation of 10.57. The daily prices for the period are distributed with arithmetic mean of 3.03. The median price for the last 90 days is 3.21. The company paid out dividends to its shareholders on 26th of March 2020.Open | High | Low | Close | Volume | ||
12/14/2024 | 2.50 | 2.52 | 2.42 | 2.44 | ||
12/12/2024 | 2.50 | 2.52 | 2.42 | 2.44 | 67,029 | |
12/11/2024 | 2.58 | 2.58 | 2.50 | 2.52 | 123,200 | |
12/10/2024 | 2.58 | 2.65 | 2.57 | 2.60 | 75,801 | |
12/09/2024 | 2.57 | 2.68 | 2.57 | 2.59 | 65,144 | |
12/06/2024 | 2.57 | 2.59 | 2.55 | 2.58 | 79,400 | |
12/05/2024 | 2.56 | 2.60 | 2.55 | 2.55 | 80,182 | |
12/04/2024 | 2.62 | 2.68 | 2.55 | 2.57 | 65,180 | |
12/03/2024 | 2.67 | 2.68 | 2.63 | 2.65 | 36,023 | |
12/02/2024 | 2.58 | 2.74 | 2.58 | 2.69 | 47,441 | |
11/29/2024 | 2.61 | 2.73 | 2.61 | 2.70 | 33,100 | |
11/27/2024 | 2.65 | 2.71 | 2.61 | 2.67 | 57,283 | |
11/26/2024 | 2.62 | 2.69 | 2.59 | 2.65 | 188,089 | |
11/25/2024 | 2.64 | 2.65 | 2.56 | 2.64 | 56,091 | |
11/22/2024 | 2.58 | 2.64 | 2.57 | 2.61 | 83,506 | |
11/21/2024 | 2.62 | 2.67 | 2.58 | 2.59 | 84,094 | |
11/20/2024 | 2.61 | 2.67 | 2.61 | 2.62 | 74,715 | |
11/19/2024 | 2.65 | 2.71 | 2.63 | 2.64 | 40,792 | |
11/18/2024 | 2.71 | 2.76 | 2.64 | 2.68 | 81,499 | |
11/15/2024 | 2.78 | 2.78 | 2.69 | 2.71 | 45,704 | |
11/14/2024 | 2.79 | 2.83 | 2.73 | 2.74 | 59,500 | |
11/13/2024 | 2.72 | 2.83 | 2.61 | 2.83 | 95,771 | |
11/12/2024 | 2.45 | 2.74 | 2.45 | 2.72 | 142,589 | |
11/11/2024 | 2.84 | 2.84 | 2.52 | 2.53 | 238,069 | |
11/08/2024 | 2.99 | 3.00 | 2.77 | 2.79 | 119,022 | |
11/07/2024 | 2.76 | 2.90 | 2.76 | 2.86 | 72,222 | |
11/06/2024 | 3.28 | 3.28 | 2.72 | 2.80 | 366,788 | |
11/05/2024 | 3.40 | 3.40 | 3.26 | 3.32 | 43,273 | |
11/04/2024 | 3.25 | 3.39 | 3.25 | 3.34 | 35,328 | |
11/01/2024 | 3.22 | 3.26 | 3.21 | 3.25 | 20,833 | |
10/31/2024 | 3.21 | 3.23 | 3.18 | 3.21 | 23,628 | |
10/30/2024 | 3.28 | 3.32 | 3.22 | 3.23 | 55,280 | |
10/29/2024 | 3.41 | 3.41 | 3.30 | 3.32 | 37,346 | |
10/28/2024 | 3.40 | 3.51 | 3.40 | 3.44 | 74,400 | |
10/25/2024 | 3.50 | 3.50 | 3.45 | 3.49 | 43,363 | |
10/24/2024 | 3.46 | 3.52 | 3.40 | 3.43 | 56,087 | |
10/23/2024 | 3.51 | 3.52 | 3.43 | 3.48 | 48,345 | |
10/22/2024 | 3.27 | 3.52 | 3.27 | 3.51 | 83,473 | |
10/21/2024 | 3.30 | 3.34 | 3.28 | 3.30 | 28,300 | |
10/18/2024 | 3.29 | 3.35 | 3.29 | 3.35 | 25,330 | |
10/17/2024 | 3.23 | 3.29 | 3.23 | 3.27 | 42,416 | |
10/16/2024 | 3.22 | 3.27 | 3.22 | 3.25 | 29,736 | |
10/15/2024 | 3.21 | 3.25 | 3.20 | 3.21 | 18,001 | |
10/14/2024 | 3.20 | 3.24 | 3.17 | 3.21 | 34,300 | |
10/11/2024 | 3.10 | 3.18 | 3.10 | 3.17 | 37,400 | |
10/10/2024 | 3.11 | 3.16 | 3.10 | 3.11 | 19,218 | |
10/09/2024 | 3.17 | 3.18 | 3.11 | 3.14 | 34,159 | |
10/08/2024 | 3.18 | 3.21 | 3.15 | 3.17 | 34,640 | |
10/07/2024 | 3.20 | 3.28 | 3.17 | 3.20 | 33,300 | |
10/04/2024 | 3.21 | 3.27 | 3.20 | 3.22 | 15,923 | |
10/03/2024 | 3.24 | 3.25 | 3.18 | 3.21 | 16,259 | |
10/02/2024 | 3.19 | 3.25 | 3.15 | 3.19 | 24,832 | |
10/01/2024 | 3.23 | 3.29 | 3.20 | 3.21 | 31,200 | |
09/30/2024 | 3.36 | 3.36 | 3.24 | 3.26 | 68,700 | |
09/27/2024 | 3.25 | 3.30 | 3.25 | 3.26 | 26,500 | |
09/26/2024 | 3.25 | 3.27 | 3.21 | 3.24 | 84,594 | |
09/25/2024 | 3.23 | 3.29 | 3.20 | 3.20 | 36,648 | |
09/24/2024 | 3.29 | 3.33 | 3.26 | 3.29 | 31,650 | |
09/23/2024 | 3.21 | 3.27 | 3.20 | 3.25 | 35,769 | |
09/20/2024 | 3.24 | 3.29 | 3.21 | 3.23 | 20,700 | |
09/19/2024 | 3.38 | 3.38 | 3.26 | 3.26 | 16,000 |
About AdvisorShares Pure Etf history
AdvisorShares Pure 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 Pure 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 Pure stock prices may prove useful in developing a viable investing in AdvisorShares Pure
The fund is an actively managed exchange-traded fund 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 marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. Advisorshares Pure is traded on NYSEARCA Exchange in the United States.
AdvisorShares Pure Etf Technical Analysis
AdvisorShares Pure 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.
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AdvisorShares Pure Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AdvisorShares Pure'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 | (0.09) | |||
Jensen Alpha | (0.42) | |||
Total Risk Alpha | (0.77) | |||
Treynor Ratio | (1.94) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in AdvisorShares Pure Cannabis. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of AdvisorShares Pure 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 Pure's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Pure'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 Pure's market value can be influenced by many factors that don't directly affect AdvisorShares Pure'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 Pure's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Pure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Pure'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.