Avantis Equity Fund Probability of Future Mutual Fund Price Finishing Under 16.46
| AVUNX Fund | USD 19.27 0.14 0.73% |
Avantis |
Avantis Equity Target Price Odds to finish below 16.46
The tendency of Avantis Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 16.46 or more in 90 days |
| 19.27 | 90 days | 16.46 | near 1 |
Based on a normal probability distribution, the odds of Avantis Equity to drop to $ 16.46 or more in 90 days from now is near 1 (This Avantis Equity probability density function shows the probability of Avantis Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Avantis Equity price to stay between $ 16.46 and its current price of $19.27 at the end of the 90-day period is about 84.95 .
Assuming the 90 days horizon Avantis Equity has a beta of 0.94. This suggests Avantis Equity market returns are sensitive to returns on the market. As the market goes up or down, Avantis Equity is expected to follow. Additionally Avantis Equity has an alpha of 0.0414, implying that it can generate a 0.0414 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Avantis Equity Price Density |
| Price |
Predictive Modules for Avantis Equity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Avantis Equity. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Avantis Equity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Avantis Equity is not an exception. The market had few large corrections towards the Avantis Equity's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Avantis Equity, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Avantis Equity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.94 | |
σ | Overall volatility | 0.57 | |
Ir | Information ratio | 0.05 |
Avantis Equity Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Avantis Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Avantis Equity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund holds 98.67% of its assets under management (AUM) in equities |
Avantis Equity Technical Analysis
Avantis Equity's future price can be derived by breaking down and analyzing its technical indicators over time. Avantis Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Avantis Equity. In general, you should focus on analyzing Avantis Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Avantis Equity Predictive Forecast Models
Avantis Equity's time-series forecasting models is one of many Avantis Equity's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Avantis Equity's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Avantis Equity
Checking the ongoing alerts about Avantis Equity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Avantis Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds 98.67% of its assets under management (AUM) in equities |
Other Information on Investing in Avantis Mutual Fund
Avantis Equity financial ratios help investors to determine whether Avantis Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Avantis with respect to the benefits of owning Avantis Equity security.
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