Avantis Mutual Fund Market Value

AVBNX -  USA Fund  

USD 8.86  0.03  0.34%

Avantis Core's market value is the price at which a share of Avantis Core stock trades on a public exchange. It measures the collective expectations of Avantis Core Fixed investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Avantis Core Fixed and determine expected loss or profit from investing in Avantis Core over a given investment horizon. Please continue to Avantis Core Hype Analysis, Avantis Core Correlation, Portfolio Optimization, Avantis Core Volatility, as well as analyze Avantis Core Alpha and Beta and Avantis Core Performance.
Symbol
Backtest

Please note, there is a significant difference between Avantis Core's value and its price as these two are different measures arrived at by different means. Investors typically determine Avantis Core value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis Core'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.

Avantis Core 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Avantis Core's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Avantis Core.
0.00
03/28/2022
No Change 0.00  0.0 
In 2 months and 2 days
05/27/2022
0.00
If you would invest  0.00  in Avantis Core on March 28, 2022 and sell it all today you would earn a total of 0.00 from holding Avantis Core Fixed or generate 0.0% return on investment in Avantis Core over 60 days. Avantis Core is related to or competes with Bond Fund, and Bond Fund. The fund invests primarily in investment grade quality debt obligations from a diverse group of U.S

Avantis Core Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Avantis Core's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Avantis Core Fixed upside and downside potential and time the market with a certain degree of confidence.

Avantis Core Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis Core's standard deviation. In reality, there are many statistical measures that can use Avantis Core historical prices to predict the future Avantis Core's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Avantis Core's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Avantis Core in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.398.869.33
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Intrinsic
Valuation
LowReal ValueHigh
7.979.7310.20
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Naive
Forecast
LowNext ValueHigh
8.408.879.34
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.579.019.45
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avantis Core. Your research has to be compared to or analyzed against Avantis Core's peers to derive any actionable benefits. When done correctly, Avantis Core's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Avantis Core Fixed.

Avantis Core Fixed Backtested Returns

Avantis Core Fixed secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the fund had -0.23% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Avantis Core Fixed exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Avantis Core Fixed risk adjusted performance of (0.29), and Mean Deviation of 0.4127 to double-check the risk estimate we provide.
The fund shows a Beta (market volatility) of -0.0017, which signifies not very significant fluctuations relative to the market. Let's try to break down what Avantis's beta means in this case. As returns on the market increase, returns on owning Avantis Core are expected to decrease at a much lower rate. During the bear market, Avantis Core is likely to outperform the market. Even though it is essential to pay attention to Avantis Core Fixed historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Avantis Core Fixed exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.06  

Virtually no predictability

Avantis Core Fixed has virtually no predictability. Overlapping area represents the amount of predictability between Avantis Core time series from 28th of March 2022 to 27th of April 2022 and 27th of April 2022 to 27th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Avantis Core Fixed price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Avantis Core price fluctuation can be explain by its past prices.
Correlation Coefficient0.06
Spearman Rank Test0.05
Residual Average0.0
Price Variance0.0

Avantis Core Fixed lagged returns against current returns

Autocorrelation, which is Avantis Core mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Avantis Core's mutual fund expected returns. We can calculate the autocorrelation of Avantis Core returns to help us make a trade decision. For example, suppose you find that Avantis Core mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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Avantis Core regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Avantis Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avantis Core mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Avantis Core Lagged Returns

When evaluating Avantis Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis Core mutual fund have on its future price. Avantis Core autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Avantis Core autocorrelation shows the relationship between Avantis Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Avantis Core Fixed.
 Regressed Prices 
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      Timeline 

Avantis Core Investors Sentiment

The influence of Avantis Core's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Avantis. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avantis Core in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avantis Core's short interest history, or implied volatility extrapolated from Avantis Core options trading.

Current Sentiment - AVBNX

Avantis Core Fixed Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Avantis Core Fixed. What is your sentiment towards investing in Avantis Core Fixed? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Pair Trading with Avantis Core

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avantis Core position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avantis Core will appreciate offsetting losses from the drop in the long position's value.

Avantis Core Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Avantis Core could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avantis Core when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avantis Core - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avantis Core Fixed to buy it.
The correlation of Avantis Core is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avantis Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avantis Core Fixed moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avantis Core can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Avantis Core Hype Analysis, Avantis Core Correlation, Portfolio Optimization, Avantis Core Volatility, as well as analyze Avantis Core Alpha and Beta and Avantis Core Performance. Note that the Avantis Core Fixed information on this page should be used as a complementary analysis to other Avantis Core'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Avantis Mutual Fund analysis

When running Avantis Core Fixed price analysis, check to measure Avantis Core'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 Avantis Core is operating at the current time. Most of Avantis Core's value examination focuses on studying past and present price action to predict the probability of Avantis Core's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Avantis Core's price. Additionally, you may evaluate how the addition of Avantis Core to your portfolios can decrease your overall portfolio volatility.
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Avantis Core technical mutual fund 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, stock market cycles, or different charting patterns.
A focus of Avantis Core technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avantis Core trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...