Avantis Equity Etf Price on July 24, 2024
AVUS Etf | USD 96.48 0.09 0.09% |
Below is the normalized historical share price chart for Avantis Equity ETF extending back to September 26, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Avantis Equity stands at 96.48, as last reported on the 20th of December, with the highest price reaching 97.71 and the lowest price hitting 96.41 during the day.
If you're considering investing in Avantis Etf, it is important to understand the factors that can impact its price. Currently, Avantis Equity ETF is very steady. Avantis Equity ETF secures Sharpe Ratio (or Efficiency) of 0.0424, which signifies that the etf had a 0.0424% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Avantis Equity ETF, which you can use to evaluate the volatility of the entity. Please confirm Avantis Equity's risk adjusted performance of 0.0562, and Mean Deviation of 0.5508 to double-check if the risk estimate we provide is consistent with the expected return of 0.0349%.
Avantis Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.1 | 200 Day MA 92.2285 | 1 y Volatility 11.53 | 50 Day MA 98.6752 | Inception Date 2019-09-24 |
Avantis |
Sharpe Ratio = 0.0424
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Estimated Market Risk
0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Avantis Equity is performing at about 3% 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.
Average Mkt Cap Mil 126.9 K |
Avantis Equity Valuation on July 24, 2024
It is possible to determine the worth of Avantis Equity on a given historical date. On July 24, 2024 Avantis was worth 91.61 at the beginning of the trading date compared to the closed value of 90.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avantis Equity etf. 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 | |
92.16 | 92.59 | 92.12 | 92.25 | 169,600 | |
07/24/2024 | 91.61 | 91.73 | 90.21 | 90.30 | 207,400 |
90.31 | 91.72 | 90.04 | 90.32 | 237,700 |
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Avantis Equity Trading Date Momentum on July 24, 2024
On July 25 2024 Avantis Equity ETF was traded for 90.32 at the closing time. The top price for the day was 91.72 and the lowest listed price was 90.04 . The trading volume for the day was 237.7 K. The trading history from July 25, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.02% . The overall trading delta against the current closing price is 5.95% . |
Avantis Equity ETF 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 Etf 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 ETF 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
Avantis Equity Etf Technical Analysis
Avantis Equity 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 Equity Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Avantis Equity ETF 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 Equity December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Avantis Equity 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 Equity shares will generate the highest return on investment. By undertsting and applying Avantis Equity etf market strength indicators, traders can identify Avantis Equity ETF 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 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 | 0.0562 | |||
Jensen Alpha | 0.0257 | |||
Total Risk Alpha | 0.024 | |||
Sortino Ratio | 0.0305 | |||
Treynor Ratio | 0.0498 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avantis Equity ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Avantis Equity ETF 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is Avantis Equity'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 Equity's market value can be influenced by many factors that don't directly affect Avantis Equity'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 Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis Equity'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.