Advisorshares Star Global Etf Technical Analysis
| VEGA Etf | USD 39.33 0.42 1.06% |
As of the 19th of April, AdvisorShares STAR shows the Risk Adjusted Performance of 0.0335, mean deviation of 0.3974, and Downside Deviation of 0.6607. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of AdvisorShares STAR, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for AdvisorShares STAR Global, which can be compared to its peers. Please confirm AdvisorShares STAR Global jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if AdvisorShares STAR Global is priced correctly, providing market reflects its regular price of 39.33 per share.
AdvisorShares STAR Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AdvisorShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AdvisorSharesAdvisorShares |
AdvisorShares STAR 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.
AdvisorShares STAR Global Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of AdvisorShares STAR Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AdvisorShares STAR Global Trend Analysis
Use this graph to draw trend lines for AdvisorShares STAR Global. You can use it to identify possible trend reversals for AdvisorShares STAR as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AdvisorShares STAR price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AdvisorShares STAR Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AdvisorShares STAR Global applied against its price change over selected period. The best fit line has a slop of 0.02 , which means AdvisorShares STAR Global will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.17, which is the sum of squared deviations for the predicted AdvisorShares STAR price change compared to its average price change.About AdvisorShares STAR Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AdvisorShares STAR Global on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AdvisorShares STAR Global based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on AdvisorShares STAR Global price pattern first instead of the macroeconomic environment surrounding AdvisorShares STAR Global. By analyzing AdvisorShares STAR's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AdvisorShares STAR's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AdvisorShares STAR specific price patterns or momentum indicators. Please read more on our technical analysis page.
AdvisorShares STAR April 19, 2024 Technical Indicators
Most technical analysis of AdvisorShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AdvisorShares from various momentum indicators to cycle indicators. When you analyze AdvisorShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0335 | |||
| Market Risk Adjusted Performance | 0.0386 | |||
| Mean Deviation | 0.3974 | |||
| Semi Deviation | 0.5856 | |||
| Downside Deviation | 0.6607 | |||
| Coefficient Of Variation | 1756.19 | |||
| Standard Deviation | 0.5298 | |||
| Variance | 0.2807 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0286 | |||
| Maximum Drawdown | 2.72 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 0.7106 | |||
| Downside Variance | 0.4366 | |||
| Semi Variance | 0.343 | |||
| Expected Short fall | (0.38) | |||
| Skewness | (0.83) | |||
| Kurtosis | 1.01 |
AdvisorShares STAR Global One Year Return
Based on the recorded statements, AdvisorShares STAR Global has an One Year Return of 9.0%. This is 20.14% lower than that of the AdvisorShares family and significantly higher than that of the Derivative Income category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.