Avantis Mutual Fund Market Value

AVDNX -  USA Fund  

USD 10.75  0.01  0.09%

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

Please note, there is a significant difference between Avantis International's value and its price as these two are different measures arrived at by different means. Investors typically determine Avantis International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis International'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 International '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 International'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 International.
0.00
04/27/2022
No Change 0.00  0.0 
In 30 days
05/27/2022
0.00
If you would invest  0.00  in Avantis International on April 27, 2022 and sell it all today you would earn a total of 0.00 from holding Avantis International Equity or generate 0.0% return on investment in Avantis International over 30 days. Avantis International is related to or competes with Vanguard Ftse-All-World. The fund invests primarily in a diverse group of non-U.S

Avantis International 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 International'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 International Equity upside and downside potential and time the market with a certain degree of confidence.

Avantis International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis International's standard deviation. In reality, there are many statistical measures that can use Avantis International historical prices to predict the future Avantis International'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 International'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 International in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.3010.7512.20
Details
Intrinsic
Valuation
LowReal ValueHigh
8.5910.0411.49
Details
Naive
Forecast
LowNext ValueHigh
9.4110.8512.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.1611.0211.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avantis International. Your research has to be compared to or analyzed against Avantis International's peers to derive any actionable benefits. When done correctly, Avantis International'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 International.

Avantis International Backtested Returns

Avantis International secures Sharpe Ratio (or Efficiency) of -0.0583, which signifies that the fund had -0.0583% 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 International Equity exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Avantis International mean deviation of 1.16, and Risk Adjusted Performance of (0.10) to double-check the risk estimate we provide.
The fund shows a Beta (market volatility) of -0.0934, 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 International are expected to decrease at a much lower rate. During the bear market, Avantis International is likely to outperform the market. Even though it is essential to pay attention to Avantis International 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 International Equity exposes twenty-six different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.64  

Very good reverse predictability

Avantis International Equity has very good reverse predictability. Overlapping area represents the amount of predictability between Avantis International time series from 27th of April 2022 to 12th of May 2022 and 12th of May 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 International price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Avantis International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.69
Residual Average0.0
Price Variance0.03

Avantis International lagged returns against current returns

Autocorrelation, which is Avantis International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Avantis International returns to help us make a trade decision. For example, suppose you find that Avantis International 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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      Timeline 

Avantis International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis International 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 International mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Avantis International Lagged Returns

When evaluating Avantis International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis International mutual fund have on its future price. Avantis International 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 International autocorrelation shows the relationship between Avantis International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Avantis International Equity.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avantis International without increasing your portfolio risk or giving up 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.

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Pair Trading with Avantis International

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 International 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 International will appreciate offsetting losses from the drop in the long position's value.

Avantis International Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Avantis International 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 International 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 International - 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 International Equity to buy it.
The correlation of Avantis International 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 International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avantis International 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 International 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 International Hype Analysis, Avantis International Correlation, Portfolio Optimization, Avantis International Volatility, as well as analyze Avantis International Alpha and Beta and Avantis International Performance. Note that the Avantis International information on this page should be used as a complementary analysis to other Avantis International'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Avantis International 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 International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avantis International 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...