AADR Stock Summary and Trading Ideas (Advisorshares Dorsey Wright ADR ETF | ARCA:AADR)

The AdvisorShares Dorsey Wright ADR ETF (NYSE Arca: AADR) seeks long-term capital appreciation above international benchmarks such as the MSCI EAFE Index and the BNY Mellon Classic ADR Index. AADR is managed by Dorsey, Wright & Associates, LLC ( Portfolio Manager ). AADR s investment focus follows the Portfolio Manager s core philosophy of relative strength. Relative strength investing involves buying securities that have appreciated in price more than the other securities in the investment universe and holding those securities until they experience sufficient underperformance. The strategy is entirely based on market movement of the securities and there is no company fundamental data involved in the analysis. The Portfolio Manager s process is systematic and removes emotion from the day-to-day decision making. In implementing AADR s strategy, the Portfolio Manager takes into account current sector and industry group allocations in order to keep the strategy diversified. There is no consideration given to the allocation between developed and emerging markets; the strategy will allocate between the two depending on global price trends.

Advisorshares Dorsey Wright ADR ETF trades on the ARCA stock market under the symbol AADR.

As of April 19, 2024, AADR stock price was flat at $59.84 with 49 million shares trading.

AADR has a market cap of $25.43 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, AADR stock traded as high as $69.36 and as low as $43.35.

AADR has outperformed the market in the last year with a price return of +22.1% while the SPY ETF gained +21.2%. AADR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +9.9% and -3.3%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

AADR support price is $59.13 and resistance is $60.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AADR stock will trade within this expected range on the day.