Cambria Global Momentum Etf Profile
| GMOM Etf | USD 27.95 0.11 0.39% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Cambria Global is selling at 27.95 as of the 19th of April 2024; that is -0.39% down since the beginning of the trading day. The etf's lowest day price was 27.94. Cambria Global 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 Cambria Global Momentum 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 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. More on Cambria Global Momentum
Moving together with Cambria Etf
| 0.89 | TDSC | Cabana Target Drawdown | PairCorr |
| 0.9 | YYY | Amplify High me | PairCorr |
| 0.86 | TDSD | Exchange Traded Concepts | PairCorr |
| 0.88 | TDSB | Cabana Target Drawdown | PairCorr |
| 0.88 | TDSE | Exchange Traded Concepts | PairCorr |
| 0.74 | AGOX | Adaptive Alpha Oppor | PairCorr |
Moving against Cambria Etf
| 0.64 | YCL | ProShares Ultra Yen | PairCorr |
| 0.57 | FXY | Invesco CurrencyShares | PairCorr |
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 Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cambria Global 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 | Target Outcome ETFs, Asset Allocation ETFs, Tactical Allocation, CAMBRIA ETF TRUST (View all Sectors) |
| Issuer | Cambria |
| Inception Date | 2014-11-03 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 139.59 Million |
| Average Trading Valume | 15,324.9 |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | Cambria Investment Management, L.P. |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Mebane T. Faber, Eric W. Richardson |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 14.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.96 |
| Management Fee | 0.59 |
| Country Name | USA |
| Returns Y T D | 2.69 |
| Name | Cambria Global Momentum ETF |
| Currency Code | USD |
| Open Figi | BBG007G3TP03 |
| In Threey Volatility | 10.73 |
| 1y Volatility | 11.18 |
| 200 Day M A | 27.5401 |
| 50 Day M A | 28.4017 |
| Code | GMOM |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
Cambria Global Momentum [GMOM] is traded in USA and was established 2014-11-03. The fund is listed under Tactical Allocation category and is part of CAMBRIA ETF TRUST family. The entity is thematically classified as Target Outcome ETFs. Cambria Global Momentum currently have 164.12 M in assets under management (AUM). , while the total return for the last 3 years was 1.4%.
Check Cambria Global 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 Global Momentum 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 Cambria Global Momentum Etf Constituents
| IGF | iShares Global Infrastructure | Etf | Infrastructure |
| RING | iShares MSCI Global | Etf | Equity Precious Metals |
| SYLD | Cambria Shareholder Yield | Etf | Mid-Cap Value |
| IEI | iShares 3 7 Year | Etf | Intermediate Government |
| VBR | Vanguard Small Cap Value | Etf | Small Value |
| GVAL | Cambria Global Value | Etf | Foreign Small/Mid Value |
| BLV | Vanguard Long Term Bond | Etf | Long-Term Bond |
Cambria Global Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Cambria Global jumping above the current price in 90 days from now is about 53.93%. The Cambria Global Momentum probability density function shows the probability of Cambria Global etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Cambria Global Momentum has a beta of -0.0775. This usually indicates as returns on the benchmark increase, returns on holding Cambria Global are expected to decrease at a much lower rate. During a bear market, however, Cambria Global Momentum is likely to outperform the market. Additionally, cambria Global Momentum has an alpha of 0.0518, implying that it can generate a 0.0518 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cambria Global to move above the current price in 90 days from now is about 53.93 (This Cambria Global Momentum probability density function shows the probability of Cambria Etf to fall within a particular range of prices over 90 days) .
Cambria Global Top Holders
| TRTY | Cambria Trinity ETF | Etf | Tactical Allocation |
Cambria Global Momentum Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cambria Global market risk premium is the additional return an investor will receive from holding Cambria Global 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 Global. 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 Global's alpha and beta are two of the key measurements used to evaluate Cambria Global's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0445 | |||
| Jensen Alpha | 0.0518 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) |
Cambria Global Against Markets
Picking the right benchmark for Cambria Global 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 Global 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 Global is critical whether you are bullish or bearish towards Cambria Global Momentum at a given time. Please also check how Cambria Global'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 Cambria Global 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 Cambria Etf?
Before investing in Cambria Global, 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 Global. To buy Cambria Global etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cambria Global. 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 Global etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cambria Global Momentum 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 Global Momentum 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 Global Momentum, 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 Cambria Etf please use our How to Invest in Cambria Global guide.
Already Invested in Cambria Global Momentum?
The danger of trading Cambria Global Momentum 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 Global 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 Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cambria Global Momentum 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 Global Momentum is a strong investment it is important to analyze Cambria Global'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 Cambria Global's future performance. For an informed investment choice regarding Cambria 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 Cambria Global Momentum. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 if Cambria Global is a good investment 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.