Avantis Small Cap Fund Market Value
| AVSBX Fund | 9.79 0.15 1.51% |
| Symbol | Avantis |
Avantis Us 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Avantis Us' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Avantis Us.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Avantis Us on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Avantis Small Cap or generate 0.0% return on investment in Avantis Us over 90 days. Avantis Us is related to or competes with Nationwide Government, Community Reinvestment, Intermediate-term, Ab Bond, and Ambrus Core. The fund invests primarily in a diverse group of U.S More
Avantis Us Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Avantis Us' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Avantis Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.05 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 1.53 |
Avantis Us Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis Us' standard deviation. In reality, there are many statistical measures that can use Avantis Us historical prices to predict the future Avantis Us' volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 2.01 |
Avantis Small Cap Backtested Returns
Avantis Small Cap secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the fund had a -0.23 % return per unit of standard deviation over the last 3 months. Avantis Small Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avantis Us' risk adjusted performance of (0.20), and Mean Deviation of 0.8654 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Avantis Us are expected to decrease at a much lower rate. During the bear market, Avantis Us is likely to outperform the market.
Auto-correlation | -0.31 |
Poor reverse predictability
Avantis Small Cap has poor reverse predictability. Overlapping area represents the amount of predictability between Avantis Us time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Avantis Small Cap price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Avantis Us price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Avantis Small Cap lagged returns against current returns
Autocorrelation, which is Avantis Us mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Avantis Us' mutual fund expected returns. We can calculate the autocorrelation of Avantis Us returns to help us make a trade decision. For example, suppose you find that Avantis Us has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Avantis Us regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Avantis Us mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis Us mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avantis Us mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Avantis Us Lagged Returns
When evaluating Avantis Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis Us mutual fund have on its future price. Avantis Us autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Avantis Us autocorrelation shows the relationship between Avantis Us mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Avantis Small Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Avantis Mutual Fund
Avantis Us 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 Us security.
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