Advisorshares Ranger Equity Etf Profile
| HDGE Etf | USD 21.45 0.02 0.09% |
Performance6 of 100
| Odds Of DistressLess than 9
|
AdvisorShares Ranger is trading at 21.45 as of the 19th of April 2024, a -0.09 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.29. AdvisorShares Ranger has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for AdvisorShares Ranger Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The Sub-Advisor seeks to achieve the funds investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs, ETNs and other exchange-traded products. Active Bear is traded on NYSEARCA Exchange in the United States. More on AdvisorShares Ranger Equity
Moving against AdvisorShares Etf
| 0.69 | BME | BlackRock Health Sciences | PairCorr |
| 0.61 | BST | BlackRock Science Tech | PairCorr |
AdvisorShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AdvisorShares Ranger's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AdvisorShares Ranger or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Trading--Inverse Equity, AdvisorShares (View all Sectors) |
| Issuer | AdvisorShares |
| Inception Date | 2011-01-26 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 81.18 Million |
| Average Trading Valume | 87,865.2 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | AdvisorShares Investments, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | John Del Vecchio, Brad H. Lamensdorf |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 81.0 |
| Market Maker | Virtu Financial |
| Total Expense | 4.29 |
| Management Fee | 1.5 |
| Country Name | USA |
| Returns Y T D | 12.06 |
| Name | AdvisorShares Ranger Equity Bear ETF |
| Currency Code | USD |
| Open Figi | BBG001F6QYW9 |
| In Threey Volatility | 23.66 |
| 1y Volatility | 26.63 |
| 200 Day M A | 21.7169 |
| 50 Day M A | 20.1058 |
| Code | HDGE |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.24) |
AdvisorShares Ranger Equity [HDGE] is traded in USA and was established 2011-01-26. The fund is listed under Trading--Inverse Equity category and is part of AdvisorShares family. The entity is thematically classified as Strategy ETFs. AdvisorShares Ranger currently have 158.3 M in assets under management (AUM). , while the total return for the last 3 years was -1.2%.
Check AdvisorShares Ranger Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AdvisorShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AdvisorShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as AdvisorShares Ranger Equity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top AdvisorShares Ranger Equity Etf Constituents
| DAN | Dana Inc | Stock | Consumer Discretionary |
| ADM | Archer Daniels Midland | Stock | Consumer Staples |
| MO | Altria Group | Stock | Consumer Staples |
| SKT | Tanger Factory Outlet | Stock | Real Estate |
| WH | Wyndham Hotels Resorts | Stock | Consumer Discretionary |
| PVH | PVH Corp | Stock | Consumer Discretionary |
| TCOM | Trip Group Ltd | Stock | Consumer Discretionary |
AdvisorShares Ranger Target Price Odds Analysis
What are AdvisorShares Ranger's target price odds to finish over the current price? Based on a normal probability distribution, the odds of AdvisorShares Ranger jumping above the current price in 90 days from now is near 1%. The AdvisorShares Ranger Equity probability density function shows the probability of AdvisorShares Ranger etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days AdvisorShares Ranger Equity has a beta of -1.6742. This usually indicates as returns on its benchmark rise, returns on holding AdvisorShares Ranger Equity are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, AdvisorShares Ranger is expected to outperform its benchmark. Additionally, advisorShares Ranger Equity has an alpha of 0.1605, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of AdvisorShares Ranger to move above the current price in 90 days from now is near 1 (This AdvisorShares Ranger Equity probability density function shows the probability of AdvisorShares Etf to fall within a particular range of prices over 90 days) .
AdvisorShares Ranger Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. AdvisorShares Ranger market risk premium is the additional return an investor will receive from holding AdvisorShares Ranger long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AdvisorShares Ranger. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AdvisorShares Ranger's alpha and beta are two of the key measurements used to evaluate AdvisorShares Ranger's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0386 | |||
| Jensen Alpha | 0.1605 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0031 |
AdvisorShares Ranger Against Markets
Picking the right benchmark for AdvisorShares Ranger etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AdvisorShares Ranger etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AdvisorShares Ranger is critical whether you are bullish or bearish towards AdvisorShares Ranger Equity at a given time. Please also check how AdvisorShares Ranger's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in AdvisorShares Ranger without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy AdvisorShares Etf?
Before investing in AdvisorShares Ranger, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AdvisorShares Ranger. To buy AdvisorShares Ranger etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AdvisorShares Ranger. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AdvisorShares Ranger etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AdvisorShares Ranger Equity etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AdvisorShares Ranger Equity etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as AdvisorShares Ranger Equity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AdvisorShares Etf please use our How to Invest in AdvisorShares Ranger guide.
Already Invested in AdvisorShares Ranger Equity?
The danger of trading AdvisorShares Ranger Equity is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AdvisorShares Ranger is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AdvisorShares Ranger. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AdvisorShares Ranger is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AdvisorShares Ranger Equity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the AdvisorShares Ranger information on this page should be used as a complementary analysis to other AdvisorShares Ranger's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.