Avantis Small Cap Etf Market Value
| AVUV Etf | USD 93.23 0.32 0.34% |
| Symbol | Avantis |
The market value of Avantis Small Cap 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Avantis Small'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 Small's market value can be influenced by many factors that don't directly affect Avantis Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis Small'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.
Avantis Small '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 Small's etf 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 Small.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Avantis Small on January 27, 2025 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 Small over 30 days. Avantis Small is related to or competes with Dimensional ETF, Vanguard Small, First Trust, Vanguard, Vanguard, Vanguard, and Invesco DWA. The fund invests primarily in a diverse group of U.S More
Avantis Small 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 Small's etf 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 | (0.12) | |||
| Maximum Drawdown | 5.93 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.65 |
Avantis Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis Small's standard deviation. In reality, there are many statistical measures that can use Avantis Small historical prices to predict the future Avantis Small's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avantis Small's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Avantis Small Cap Backtested Returns
Avantis Small Cap secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the etf had a -0.2 % return per unit of standard deviation over the last 3 months. Avantis Small Cap exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avantis Small's mean deviation of 0.7667, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avantis Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avantis Small is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
Avantis Small Cap has poor predictability. Overlapping area represents the amount of predictability between Avantis Small time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 0.27 indicates that nearly 27.0% of current Avantis Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 3.24 |
Avantis Small Cap lagged returns against current returns
Autocorrelation, which is Avantis Small etf'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 Small's etf expected returns. We can calculate the autocorrelation of Avantis Small returns to help us make a trade decision. For example, suppose you find that Avantis Small has exhibited high autocorrelation historically, and you observe that the etf 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 Small 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 Small etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis Small etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avantis Small etf over time.
Current vs Lagged Prices |
| Timeline |
Avantis Small Lagged Returns
When evaluating Avantis Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis Small etf have on its future price. Avantis Small 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 Small autocorrelation shows the relationship between Avantis Small etf 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 |
Thematic Opportunities
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Check out Avantis Small Correlation, Avantis Small Volatility and Avantis Small Alpha and Beta module to complement your research on Avantis Small. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Avantis Small 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.