Avantis Short Term Fixed Fund Price on October 25, 2024
AVGNX Fund | USD 9.54 0.01 0.10% |
If you're considering investing in Avantis Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Avantis Short-term stands at 9.54, as last reported on the 29th of November, with the highest price reaching 9.54 and the lowest price hitting 9.54 during the day. Avantis Short Term secures Sharpe Ratio (or Efficiency) of -0.0106, which signifies that the fund had a -0.0106% return per unit of standard deviation over the last 3 months. Avantis Short Term Fixed exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avantis Short-term's mean deviation of 0.1118, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Avantis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Avantis |
Sharpe Ratio = -0.0106
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Negative Returns | AVGNX |
Estimated Market Risk
0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avantis Short-term 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 Short-term by adding Avantis Short-term to a well-diversified portfolio.
Avantis Short-term Valuation on October 25, 2024
It is possible to determine the worth of Avantis Short-term on a given historical date. On October 25, 2024 Avantis was worth 9.52 at the beginning of the trading date compared to the closed value of 9.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avantis Short-term mutual fund. Still, in general, we apply an absolute valuation method to find Avantis Short-term's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avantis Short-term where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avantis Short-term's related companies.
Open | High | Low | Close | Volume | |
9.52 | 9.52 | 9.52 | 9.52 | 1.00 | |
10/25/2024 | 9.52 | 9.52 | 9.52 | 9.52 | 1.00 |
9.51 | 9.51 | 9.51 | 9.51 | 1.00 |
Backtest Avantis Short-term | | | Avantis Short-term History | | | Avantis Short-term Valuation | Previous | Next |
Avantis Short-term Trading Date Momentum on October 25, 2024
On October 28 2024 Avantis Short Term Fixed was traded for 9.51 at the closing time. The highest daily price throughout the period was 9.51 and the lowest price was 9.51 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.11% . |
Avantis Short Term Fundamentals Correlations and Trends
By evaluating Avantis Short-term's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avantis Short-term's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avantis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avantis Short-term Mutual Fund history
Avantis Short-term investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Avantis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avantis Short Term will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Avantis Short-term stock prices may prove useful in developing a viable investing in Avantis Short-term
The fund invests primarily in investment grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers. Under normal market conditions, it will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in fixed income securities. Fixed income securities in which the fund may invest include corporate bonds and notes issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations-including supranational organizations.
Avantis Short-term Mutual Fund Technical Analysis
Avantis Short-term technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Avantis Short-term Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Avantis Short Term Fixed cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Avantis Short-term November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Avantis Short-term mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avantis Short-term shares will generate the highest return on investment. By undertsting and applying Avantis Short-term mutual fund market strength indicators, traders can identify Avantis Short Term Fixed entry and exit signals to maximize returns
Avantis Short-term Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avantis Short-term's price direction in advance. Along with the technical and fundamental analysis of Avantis Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avantis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.66) | |||
Treynor Ratio | 0.1838 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Avantis Mutual Fund
Avantis Short-term 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-term security.
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