Avantis Equity Fund Manager Performance Evaluation
| AVUNX Fund | USD 18.86 0.16 0.84% |
The fund shows a Beta (market volatility) of 0.0865, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Avantis Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avantis Equity is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Avantis Equity are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Avantis Equity is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.0000 |
Avantis |
Avantis Equity Relative Risk vs. Return Landscape
If you would invest 1,836 in Avantis Equity on October 20, 2024 and sell it today you would earn a total of 50.00 from holding Avantis Equity or generate 2.72% return on investment over 90 days. Avantis Equity is currently producing 0.0472% returns and takes up 0.8892% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Avantis, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Avantis Equity Current Valuation
Fairly Valued
Today
Please note that Avantis Equity's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Avantis Equity shows a prevailing Real Value of $18.81 per share. The current price of the fund is $18.86. We determine the value of Avantis Equity from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Avantis Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Avantis Mutual Fund. However, Avantis Equity's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 18.86 | Real 18.81 | Hype 18.86 |
The intrinsic value of Avantis Equity's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Avantis Equity's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Avantis Equity helps investors to forecast how Avantis mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Avantis Equity more accurately as focusing exclusively on Avantis Equity's fundamentals will not take into account other important factors: Avantis Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Equity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Avantis Equity, and traders can use it to determine the average amount a Avantis Equity'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 = 0.0531
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AVUNX |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Avantis Equity is performing at about 4% of its full potential. 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 Equity by adding it to a well-diversified portfolio.
Avantis Equity Fundamentals Growth
Avantis Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Avantis Equity, and Avantis Equity fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Avantis Mutual Fund performance.
| Total Asset | 349.39 M | ||||
About Avantis Equity Performance
Evaluating Avantis Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Avantis Equity 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 Equity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. It may invest in companies of all market capitalizations. The fund seeks securities of companies that the manager expects to have higher returns by placing an enhanced emphasis on securities of companies with smaller market capitalizations and securities of companies with higher profitability and value characteristics. Under normal market conditions, the fund will invest at least 80 percent of its assets in equity securities of U.S. companies.Things to note about Avantis Equity performance evaluation
Checking the ongoing alerts about Avantis Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Avantis Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: USA for Avanza fund savers in December - Marketscreener.com | |
| The fund holds 98.67% of its assets under management (AUM) in equities |
- Analyzing Avantis Equity's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Avantis Equity's stock is overvalued or undervalued compared to its peers.
- Examining Avantis Equity's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Avantis Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avantis Equity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Avantis Equity's mutual fund. These opinions can provide insight into Avantis Equity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Avantis Mutual Fund
Avantis Equity 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 Equity security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |