Avantis All Equity Etf Performance
| AVGE Etf | USD 72.01 0.20 0.28% |
The etf shows a Beta (market volatility) of -0.0229, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Avantis All are expected to decrease at a much lower rate. During the bear market, Avantis All is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Avantis All Equity has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Avantis All is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Avantis |
Avantis All Relative Risk vs. Return Landscape
If you would invest 7,335 in Avantis All Equity on December 24, 2024 and sell it today you would lose (134.00) from holding Avantis All Equity or give up 1.83% of portfolio value over 90 days. Avantis All Equity is currently does not generate positive expected returns and assumes 0.8393% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Avantis, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Avantis All Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis All's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Avantis All Equity, and traders can use it to determine the average amount a Avantis All's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0325
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| Negative Returns | AVGE |
Estimated Market Risk
| 0.84 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
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avantis All is not performing at its full potential. However, 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 All by adding Avantis All to a well-diversified portfolio.
About Avantis All Performance
By analyzing Avantis All's fundamental ratios, stakeholders can gain valuable insights into Avantis All's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Avantis All has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Avantis All has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Avantis All Equity generated a negative expected return over the last 90 days |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avantis All Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Avantis All Equity 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 All's value that differs from its market value or its book value, called intrinsic value, which is Avantis All'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 All's market value can be influenced by many factors that don't directly affect Avantis All'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 All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis All'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.