Advisorshares Star Global Etf Profile

VEGA Etf  USD 41.21  0.03  0.07%   

Performance

15 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
AdvisorShares STAR is trading at 41.21 as of the 28th of March 2024, a 0.07 percent up since the beginning of the trading day. The etf's open price was 41.18. AdvisorShares STAR has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for AdvisorShares STAR Global 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.
The fund is an actively managed exchange-traded fund that is primarily a fund of funds. Advisorshares Star is traded on NYSEARCA Exchange in the United States. More on AdvisorShares STAR Global

Moving together with AdvisorShares Etf

  0.97JEPI JPMorgan Equity PremiumPairCorr
  0.96XYLD Global X SPPairCorr
  0.96DIVO Amplify CWP EnhancedPairCorr
  0.88RYLD Global X RussellPairCorr
  0.94JEPQ JPMorgan Nasdaq Equity Sell-off TrendPairCorr
  0.92NUSI Nationwide Nasdaq-100PairCorr
  0.92KNG FT Cboe VestPairCorr

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 STAR's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AdvisorShares STAR 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 ConcentrationBuywrite ETFs, Strategy ETFs, Derivative Income, AdvisorShares (View all Sectors)
IssuerAdvisorShares
Inception Date2012-09-17
Entity TypeRegulated Investment Company
Asset Under Management58.23 Million
Average Trading Valume2,254.3
Asset TypeEquity
CategoryStrategy
FocusBuywrite
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorAdvisorShares Investments, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerKenneth R. Hyman, Jason Scott
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents13.0
Market MakerVirtu Financial
Total Expense2.0
Management Fee0.85
Country NameUSA
Returns Y T D5.11
NameAdvisorShares STAR Global Buy-Write ETF
Currency CodeUSD
Open FigiBBG003D085R9
In Threey Volatility13.08
1y Volatility10.83
200 Day M A37.9891
50 Day M A39.9188
CodeVEGA
Updated At27th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.15
AdvisorShares STAR Global [VEGA] is traded in USA and was established 2012-09-17. The fund is listed under Derivative Income category and is part of AdvisorShares family. The entity is thematically classified as Buywrite ETFs. AdvisorShares STAR Global at this time have 35.96 M in net assets. , while the total return for the last 3 years was 3.8%.
Check AdvisorShares STAR 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 STAR Global 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 STAR Global Etf Constituents

BIVVanguard Intermediate Term BondEtfIntermediate Core Bond
VNQVanguard Real EstateEtfReal Estate
XLYConsumer Discretionary SelectEtfConsumer Cyclical
AGGIShares Core USEtfIntermediate Core Bond
XLVHealth Care SelectEtfHealth
XLPConsumer Staples SelectEtfConsumer Defensive
XLKTechnology Select SectorEtfTechnology
More Details

AdvisorShares STAR Target Price Odds Analysis

What are AdvisorShares STAR's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of AdvisorShares STAR jumping above the current price in 90 days from now is roughly 2.63%. The AdvisorShares STAR Global probability density function shows the probability of AdvisorShares STAR etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days AdvisorShares STAR Global has a beta of -0.0513. This entails as returns on benchmark increase, returns on holding AdvisorShares STAR are expected to decrease at a much lower rate. During the bear market, however, AdvisorShares STAR Global is likely to outperform the market. Additionally, advisorShares STAR Global has an alpha of 0.0935, implying that it can generate a 0.0935 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 41.21HorizonTargetOdds Above 41.21
97.29%90 days
 41.21 
2.63%
Based on a normal probability distribution, the odds of AdvisorShares STAR to move above the current price in 90 days from now is roughly 2.63 (This AdvisorShares STAR Global probability density function shows the probability of AdvisorShares Etf to fall within a particular range of prices over 90 days) .

AdvisorShares STAR Global Risk Profiles

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

AdvisorShares STAR Against Markets

Picking the right benchmark for AdvisorShares STAR 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 STAR 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 STAR is critical whether you are bullish or bearish towards AdvisorShares STAR Global at a given time. Please also check how AdvisorShares STAR'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 STAR 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.

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How to buy AdvisorShares Etf?

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

Already Invested in AdvisorShares STAR Global?

The danger of trading AdvisorShares STAR Global 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 STAR 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 STAR. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AdvisorShares STAR Global 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 STAR Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AdvisorShares STAR'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 Star Global Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Advisorshares Star Global Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AdvisorShares STAR Global. 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 STAR Global information on this page should be used as a complementary analysis to other AdvisorShares STAR'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.

Complementary Tools for AdvisorShares Etf analysis

When running AdvisorShares STAR's price analysis, check to measure AdvisorShares STAR'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 AdvisorShares STAR is operating at the current time. Most of AdvisorShares STAR's value examination focuses on studying past and present price action to predict the probability of AdvisorShares STAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvisorShares STAR's price. Additionally, you may evaluate how the addition of AdvisorShares STAR to your portfolios can decrease your overall portfolio volatility.
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The market value of AdvisorShares STAR Global 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 STAR's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares STAR'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 STAR's market value can be influenced by many factors that don't directly affect AdvisorShares STAR'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 STAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares STAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares STAR'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.