Avantis Mutual Fund Manager Performance Evaluation

AVGNX
 Fund
  

USD 9.33  0.02  0.21%   

The fund shows a Beta (market volatility) of 0.0174, 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, Avantis Short-Term returns are expected to increase less than the market. However, during the bear market, the loss on holding Avantis Short-Term will be expected to be smaller as well. Even though it is essential to pay attention to Avantis Short-Term 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 Short-Term Fixed exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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Avantis Performance
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Over the last 90 days Avantis Short-Term Fixed has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Avantis Short-Term is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Avantis Price Channel

Fifty Two Week Low9.26
Fifty Two Week High10.02

Avantis Short-Term Relative Risk vs. Return Landscape

If you would invest  947.00  in Avantis Short-Term Fixed on April 1, 2022 and sell it today you would lose (14.00)  from holding Avantis Short-Term Fixed or give up 1.48% of portfolio value over 90 days. Avantis Short-Term Fixed is currently producing negative expected returns and takes up 0.2143% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Avantis, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Avantis Short-Term is expected to generate 0.15 times more return on investment than the market. However, the company is 6.78 times less risky than the market. It trades about -0.11 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.

Avantis Short-Term Current Valuation

Fairly Valued
Today 9.33
Please note that Avantis Short-Term's price fluctuation is very steady at this time.
Avantis Short-Term Fixed shows a prevailing Real Value of $9.34 per share. The current price of the fund is $9.33. At this time, the entity appears to be fairly valued. We determine the value of Avantis Short-Term Fixed from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued instruments and dropping overvalued instruments since, at some point, stock prices and their ongoing real values will blend.
Our valuation method for Avantis Short-Term Fixed is useful when determining the fair value of the Avantis mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Avantis Short-Term. Since Avantis Short-Term is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Avantis Mutual Fund. However, Avantis Short-Term's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
9.34
Real Value
9.55
Upside
Estimating the potential upside or downside of Avantis Short-Term Fixed helps investors to forecast how Avantis mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Avantis Short-Term more accurately as focusing exclusively on Avantis Short-Term's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.289.399.51
Details
Hype
Prediction
LowEstimated ValueHigh
9.129.339.54
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.0196580.0196670.019676
Details

Avantis Short-Term Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Short-Term's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Avantis Short-Term Fixed, and traders can use it to determine the average amount a Avantis Short-Term'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 = -0.1129

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Negative ReturnsAVGNX
Estimated Market Risk
 0.21
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 -0.02
  actual daily
 
 0 %
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00
Risk-Adjusted Return
 -0.11
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 0 %
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00
Based on monthly moving average Avantis Short-Term 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 Avantis Short-Term by adding it to a well-diversified portfolio.

About Avantis Short-Term Performance

To evaluate Avantis Short-Term Fixed Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Avantis Short-Term 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 Avantis Mutual Fund'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 Avantis Short-Term Fixed stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Avantis'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 invests primarily in investment grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers. Avantis Short-Term is traded on NASDAQ Exchange in the United States.

Things to note about Avantis Short-Term Fixed

Checking the ongoing alerts about Avantis Short-Term for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avantis Short-Term Fixed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Avantis Short-Term Alerts

Equity Alerts and Improvement Suggestions

Avantis Short-Term generated a negative expected return over the last 90 days
Avantis Short-Term is unlikely to experience financial distress in the next 2 years
The fund holds about 95.89% of its assets under management (AUM) in fixed income securities
Please continue to Trending Equities. Note that the Avantis Short-Term Fixed information on this page should be used as a complementary analysis to other Avantis Short-Term'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 Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Avantis Short-Term Fixed price analysis, check to measure Avantis Short-Term'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 Short-Term is operating at the current time. Most of Avantis Short-Term's value examination focuses on studying past and present price action to predict the probability of Avantis Short-Term's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Avantis Short-Term's price. Additionally, you may evaluate how the addition of Avantis Short-Term to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Avantis Short-Term's value and its price as these two are different measures arrived at by different means. Investors typically determine Avantis Short-Term value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis Short-Term'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.