Cambria Etf Profile

Cambria is trading at 17.99 as of the 28th of March 2024, a No Change since the beginning of the trading day. The etf's open price was 17.99. Equity ratings for Cambria are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2023 and ending today, the 28th of March 2024. Click here to learn more.

Cambria 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. Cambria's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cambria or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationTrading--Inverse Equity, CAMBRIA ETF TRUST (View all Sectors)
Country NameUSA
Returns Y T D(3.5)
NameCambria Sovereign Bond ETF
Currency CodeUSD
In Threey Volatility8.78
1y Volatility8.34
200 Day M A25.5555
50 Day M A24.6462
CodeSOVB
Updated At4th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio(1.67)
TypeETF
Cambria [SOVB] is traded in USA and was established 2016-02-23. The fund is listed under Trading--Inverse Equity category and is part of CAMBRIA ETF TRUST family. Cambria at this time have 19.19 M in assets. , while the total return for the last 3 years was -11.4%.
Check Cambria 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 Cambria Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Cambria 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 Cambria 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.

Cambria Target Price Odds Analysis

What are Cambria's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Cambria jumping above the current price in 90 days from now is about 69.15%. The Cambria probability density function shows the probability of Cambria etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Cambria has a beta of 0.3144. This usually implies as returns on the market go up, Cambria average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cambria will be expected to be much smaller as well. Additionally, cambria has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 17.99HorizonTargetOdds Above 17.99
30.44%90 days
 17.99 
69.15%
Based on a normal probability distribution, the odds of Cambria to move above the current price in 90 days from now is about 69.15 (This Cambria probability density function shows the probability of Cambria Etf to fall within a particular range of prices over 90 days) .

Cambria Top Holders

TRTYCambria Trinity ETFEtfTactical Allocation
GAACambria Global AssetEtfGlobal Allocation
GMOMCambria Global MomentumEtfTactical Allocation
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Cambria Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cambria market risk premium is the additional return an investor will receive from holding Cambria 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 Cambria. 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 Cambria's alpha and beta are two of the key measurements used to evaluate Cambria's performance over the market, the standard measures of volatility play an important role as well.

Cambria Against Markets

Picking the right benchmark for Cambria 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 Cambria 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 Cambria is critical whether you are bullish or bearish towards Cambria at a given time. Please also check how Cambria's historical prices are related to one of the top price index indicators.

Cambria Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cambria etf to make a market-neutral strategy. Peer analysis of Cambria could also be used in its relative valuation, which is a method of valuing Cambria by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

How to buy Cambria Etf?

Before investing in Cambria, 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 Cambria. To buy Cambria etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cambria. 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 Cambria etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cambria 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 Cambria 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 Cambria, 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.

Already Invested in Cambria?

The danger of trading Cambria 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 Cambria 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 Cambria. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cambria 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 Cambria offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cambria'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 Cambria Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Cambria Etf:
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Cambria Etf analysis

When running Cambria's price analysis, check to measure Cambria's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cambria is operating at the current time. Most of Cambria's value examination focuses on studying past and present price action to predict the probability of Cambria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cambria's price. Additionally, you may evaluate how the addition of Cambria to your portfolios can decrease your overall portfolio volatility.
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The market value of Cambria is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria's value that differs from its market value or its book value, called intrinsic value, which is Cambria'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 Cambria's market value can be influenced by many factors that don't directly affect Cambria'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 Cambria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria'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.