Avantis Quality Financial Statements From 2010 to 2026
| AVUQ Etf | 60.99 0.28 0.46% |
Check Avantis Quality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avantis Quality's main balance sheet or income statement drivers, such as , as well as many indicators such as . Avantis financial statements analysis is a perfect complement when working with Avantis Quality Valuation or Volatility modules.
This module can also supplement various Avantis Quality Technical models . Check out the analysis of Avantis Quality Correlation against competitors. About Avantis Quality Financial Statements
Avantis Quality shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Avantis Quality investors may analyze each financial statement separately, they are all interrelated. The changes in Avantis Quality's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avantis Quality's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with Avantis Quality
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avantis Quality position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avantis Quality will appreciate offsetting losses from the drop in the long position's value.Moving together with Avantis Etf
| 0.61 | VUG | Vanguard Growth Index Sell-off Trend | PairCorr |
| 0.87 | IWF | iShares Russell 1000 Sell-off Trend | PairCorr |
| 0.97 | IVW | iShares SP 500 | PairCorr |
| 0.67 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.97 | IUSG | iShares Core SP | PairCorr |
The ability to find closely correlated positions to Avantis Quality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avantis Quality when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avantis Quality - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avantis Quality ETF to buy it.
The correlation of Avantis Quality is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avantis Quality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avantis Quality ETF moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avantis Quality can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Avantis Quality Correlation against competitors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Avantis Quality 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 Quality's value that differs from its market value or its book value, called intrinsic value, which is Avantis Quality'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 Quality's market value can be influenced by many factors that don't directly affect Avantis Quality'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 Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis Quality'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.