Avantis Emerging Markets Etf Price on November 22, 2024
AVES Etf | USD 48.92 0.40 0.81% |
If you're considering investing in Avantis Etf, it is important to understand the factors that can impact its price. As of today, the current price of Avantis Emerging stands at 48.92, as last reported on the 17th of December 2024, with the highest price reaching 48.92 and the lowest price hitting 48.92 during the day. Currently, Avantis Emerging Markets is very steady. Avantis Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.0059, which signifies that the etf had a 0.0059% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Avantis Emerging Markets, which you can use to evaluate the volatility of the entity. Please confirm Avantis Emerging's risk adjusted performance of 0.0094, and Mean Deviation of 0.8051 to double-check if the risk estimate we provide is consistent with the expected return of 0.0068%.
Avantis Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Avantis |
Sharpe Ratio = 0.0059
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Estimated Market Risk
1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avantis Emerging is not performing at its full potential. However, 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 Emerging by adding Avantis Emerging to a well-diversified portfolio.
Average Mkt Cap Mil 6.5 K |
Avantis Emerging Valuation on November 22, 2024
It is possible to determine the worth of Avantis Emerging on a given historical date. On November 22, 2024 Avantis was worth 48.52 at the beginning of the trading date compared to the closed value of 48.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avantis Emerging etf. Still, in general, we apply an absolute valuation method to find Avantis Emerging's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avantis Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avantis Emerging's related companies.
Open | High | Low | Close | Volume | |
48.75 | 48.86 | 48.55 | 48.71 | 66,696 | |
11/22/2024 | 48.52 | 48.74 | 48.52 | 48.74 | 20,740 |
49.05 | 49.10 | 48.80 | 48.95 | 31,442 |
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Avantis Emerging Trading Date Momentum on November 22, 2024
On November 25 2024 Avantis Emerging Markets was traded for 48.95 at the closing time. The top price for the day was 49.10 and the lowest listed price was 48.80 . The trading volume for the day was 31.4 K. The trading history from November 25, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.43% . The overall trading delta against the current closing price is 0.57% . |
Avantis Emerging Markets Fundamentals Correlations and Trends
By evaluating Avantis Emerging's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avantis Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avantis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avantis Emerging Etf history
Avantis Emerging investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Avantis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avantis Emerging Markets will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Avantis Emerging stock prices may prove useful in developing a viable investing in Avantis Emerging
The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. Avantis Emerging is traded on NYSEARCA Exchange in the United States.
Avantis Emerging Etf Technical Analysis
Avantis Emerging technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Avantis Emerging Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Avantis Emerging Markets cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Avantis Emerging December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Avantis Emerging etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avantis Emerging shares will generate the highest return on investment. By undertsting and applying Avantis Emerging etf market strength indicators, traders can identify Avantis Emerging Markets entry and exit signals to maximize returns
Avantis Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avantis Emerging's price direction in advance. Along with the technical and fundamental analysis of Avantis Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avantis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0094 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | (0) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avantis Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Avantis Emerging Markets is measured differently than its book value, which is the value of Avantis that is recorded on the company's balance sheet. Investors also form their own opinion of Avantis Emerging's value that differs from its market value or its book value, called intrinsic value, which is Avantis Emerging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avantis Emerging's market value can be influenced by many factors that don't directly affect Avantis Emerging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avantis Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis Emerging'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.