Avantis Equity Fund Price on November 1, 2024
| AVUNX Fund | USD 19.27 0.14 0.73% |
If you're considering investing in Avantis Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Avantis Equity stands at 19.27, as last reported on the 12th of December 2024, with the highest price reaching 19.27 and the lowest price hitting 19.27 during the day. At this stage we consider Avantis Mutual Fund to be very steady. Avantis Equity secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Avantis Equity, which you can use to evaluate the volatility of the entity. Please confirm Avantis Equity's mean deviation of 0.5259, and Risk Adjusted Performance of 0.1523 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Avantis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Avantis |
Sharpe Ratio = 0.166
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Avantis Equity is performing at about 13% 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 Equity by adding it to a well-diversified portfolio.
Avantis Equity Valuation on November 1, 2024
It is possible to determine the worth of Avantis Equity on a given historical date. On November 1, 2024 Avantis was worth 18.29 at the beginning of the trading date compared to the closed value of 18.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avantis Equity mutual fund. Still, in general, we apply an absolute valuation method to find Avantis Equity'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 Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avantis Equity's related companies.
| Open | High | Low | Close | Volume | |
| 18.24 | 18.24 | 18.24 | 18.24 | 1.00 | |
11/01/2024 | 18.29 | 18.29 | 18.29 | 18.29 | 1.00 |
| 18.26 | 18.26 | 18.26 | 18.26 | 1.00 |
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Avantis Equity Trading Date Momentum on November 1, 2024
| On November 04 2024 Avantis Equity was traded for 18.26 at the closing time. The highest daily price throughout the period was 18.26 and the lowest price was 18.26 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.16% . The overall trading delta to current closing price is 5.96% . |
Avantis Equity Fundamentals Correlations and Trends
By evaluating Avantis Equity'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 Equity'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 Equity Mutual Fund history
Avantis Equity 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 Equity 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 Equity stock prices may prove useful in developing a viable investing in Avantis Equity
The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. It may invest in companies of all market capitalizations. The fund seeks securities of companies that the manager expects to have higher returns by placing an enhanced emphasis on securities of companies with smaller market capitalizations and securities of companies with higher profitability and value characteristics. Under normal market conditions, the fund will invest at least 80 percent of its assets in equity securities of U.S. companies.
Avantis Equity Mutual Fund Technical Analysis
Avantis Equity 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, fund market cycles, or different charting patterns.
Price Boundaries
Avantis Equity Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Avantis Equity cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Equity December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Avantis Equity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avantis Equity shares will generate the highest return on investment. By undertsting and applying Avantis Equity mutual fund market strength indicators, traders can identify Avantis Equity entry and exit signals to maximize returns
Avantis Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avantis Equity's price direction in advance. Along with the technical and fundamental analysis of Avantis Mutual Fund 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 | 0.1523 | |||
| Jensen Alpha | 0.0414 | |||
| Total Risk Alpha | 0.0292 | |||
| Sortino Ratio | 0.0517 | |||
| Treynor Ratio | 0.1584 |
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| Volume Indicators |
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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