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.
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
 
Covid
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.

Sharpe Ratio = -0.1391

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Negative ReturnsYOLO

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 PriceOctober 22, 20243.51
Lowest PriceDecember 12, 20242.44

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

When benchmark price declines in a down market, there may be an uptick in AdvisorShares Pure Cannabis Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use AdvisorShares Pure intraday prices and daily technical indicators to check the level of noise trading in AdvisorShares Pure Cannabis Etf and then apply it to test your longer-term investment strategies against AdvisorShares.

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.
OpenHighLowCloseVolume
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.
A focus of AdvisorShares Pure technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AdvisorShares Pure trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.
When determining whether AdvisorShares Pure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AdvisorShares Pure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Advisorshares Pure Cannabis Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Advisorshares Pure Cannabis Etf:
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.