Cambria Etf Performance

GMOM
 Etf
  

USD 28.33  0.11  0.39%   

The etf shows a Beta (market volatility) of 0.0958, which signifies not very significant fluctuations relative to the market. Let's try to break down what Cambria's beta means in this case. As returns on the market increase, Cambria Global returns are expected to increase less than the market. However, during the bear market, the loss on holding Cambria Global will be expected to be smaller as well. Even though it is essential to pay attention to Cambria Global Momentum historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Cambria Global Momentum exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
Cambria Performance
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Over the last 90 days Cambria Global Momentum has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively steady basic indicators, Cambria Global is not utilizing all of its potentials. The current stock price chaos, may contribute to medium-term losses for the stakeholders. ...more

Cambria Price Channel

Fifty Two Week Low27.87
Fifty Two Week High33.68

Cambria Global Relative Risk vs. Return Landscape

If you would invest  2,864  in Cambria Global Momentum on July 5, 2022 and sell it today you would lose (31.00)  from holding Cambria Global Momentum or give up 1.08% of portfolio value over 90 days. Cambria Global Momentum is currently does not generate positive expected returns and assumes 0.6565% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Cambria, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Cambria Global is expected to generate 0.57 times more return on investment than the market. However, the company is 1.74 times less risky than the market. It trades about -0.02 of its potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of risk.

Cambria Global Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambria Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cambria Global Momentum, and traders can use it to determine the average amount a Cambria Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0227

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Estimated Market Risk
 0.66
  actual daily
 
 5 %
of total potential
 
55
Expected Return
 -0.01
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 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.02
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 0 %
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00
Based on monthly moving average Cambria Global is performing at about 0% of its full potential. 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 Cambria Global by adding it to a well-diversified portfolio.

About Cambria Global Performance

To evaluate Cambria Global Momentum Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cambria Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cambria Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cambria Global Momentum market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cambria's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund is considered a fund of funds that seeks to achieve its investment objective by primarily investing in other exchange-traded funds and other exchange traded products including, but not limited to, exchange-traded notes, exchange traded currency trusts, closed-end funds, and real estate investment trusts that offer diversified exposure, including inverse exposure, to global regions, countries, styles and sectors. Cambria Global is traded on NYSEArca Exchange in the United States.

Things to note about Cambria Global Momentum

Checking the ongoing alerts about Cambria Global for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for Cambria Global Momentum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Cambria Global Alerts

Equity Alerts and Improvement Suggestions

Cambria Global generated a negative expected return over the last 90 days
Please check Risk vs Return Analysis. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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