Avantis Short Term Fixed Fund Market Value
| AVSFX Fund | USD 9.55 0.01 0.10% |
| Symbol | Avantis |
Avantis Short '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 Short's 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 Short.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Avantis Short on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Avantis Short Term Fixed or generate 0.0% return on investment in Avantis Short over 180 days. Avantis Short is related to or competes with Avantis Us, Avantis Us, and Prudential Jennison. The fund invests primarily in investment grade quality debt obligations from a diverse group of U.S More
Avantis Short 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 Short's 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 Short Term Fixed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1538 | |||
| Information Ratio | (0.95) | |||
| Maximum Drawdown | 0.7317 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.3155 |
Avantis Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis Short's standard deviation. In reality, there are many statistical measures that can use Avantis Short historical prices to predict the future Avantis Short's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.86) | |||
| Treynor Ratio | 0.1916 |
Avantis Short Term Backtested Returns
At this stage we consider Avantis Mutual Fund to be very steady. Avantis Short Term secures Sharpe Ratio (or Efficiency) of 7.0E-4, which signifies that the fund had a 7.0E-4% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Avantis Short Term Fixed, which you can use to evaluate the volatility of the entity. Please confirm Avantis Short's mean deviation of 0.1076, and Risk Adjusted Performance of (0.02) to double-check if the risk estimate we provide is consistent with the expected return of 1.0E-4%. The fund shows a Beta (market volatility) of -0.0268, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Avantis Short are expected to decrease at a much lower rate. During the bear market, Avantis Short is likely to outperform the market.
Auto-correlation | -0.86 |
Excellent reverse predictability
Avantis Short Term Fixed has excellent reverse predictability. Overlapping area represents the amount of predictability between Avantis Short time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 2024. 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 Short Term price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Avantis Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Avantis Short Term lagged returns against current returns
Autocorrelation, which is Avantis Short 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 Short's mutual fund expected returns. We can calculate the autocorrelation of Avantis Short returns to help us make a trade decision. For example, suppose you find that Avantis Short 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 Short 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 Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis Short 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 Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Avantis Short Lagged Returns
When evaluating Avantis Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis Short mutual fund have on its future price. Avantis Short 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 Short autocorrelation shows the relationship between Avantis Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Avantis Short Term Fixed.
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 Short 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 Short security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |