Avantis Large Cap Fund Market Value
| ALCEX Fund | 16.42 0.17 1.05% |
| Symbol | Avantis |
Avantis Large '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 Large's mutual fund 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 Large.
| 01/18/2024 |
| 01/07/2026 |
If you would invest 0.00 in Avantis Large on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Avantis Large Cap or generate 0.0% return on investment in Avantis Large over 720 days. Avantis Large is related to or competes with Iaadx, Scharf Balanced, T Rowe, Rbc Emerging, Abr 7525, and Rbb Fund. The fund invests primarily in a diverse group of U.S More
Avantis Large 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 Large's mutual fund 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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9872 | |||
| Information Ratio | 0.0878 | |||
| Maximum Drawdown | 3.48 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.62 |
Avantis Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis Large's standard deviation. In reality, there are many statistical measures that can use Avantis Large historical prices to predict the future Avantis Large's volatility.| Risk Adjusted Performance | 0.1427 | |||
| Jensen Alpha | 0.0782 | |||
| Total Risk Alpha | 0.0589 | |||
| Sortino Ratio | 0.0815 | |||
| Treynor Ratio | 0.1618 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avantis Large'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 Large Cap Backtested Returns
Avantis Large appears to be very steady, given 3 months investment horizon. Avantis Large Cap secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the fund had a 0.21 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Avantis Large Cap, which you can use to evaluate the volatility of the entity. Please makes use of Avantis Large's mean deviation of 0.709, and Risk Adjusted Performance of 0.1427 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Avantis Large returns are very sensitive to returns on the market. As the market goes up or down, Avantis Large is expected to follow.
Auto-correlation | 0.65 |
Good predictability
Avantis Large Cap has good predictability. Overlapping area represents the amount of predictability between Avantis Large time series from 18th of January 2024 to 12th of January 2025 and 12th of January 2025 to 7th of January 2026. 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 Large Cap price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Avantis Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
Avantis Large Cap lagged returns against current returns
Autocorrelation, which is Avantis Large mutual fund'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 Large's mutual fund expected returns. We can calculate the autocorrelation of Avantis Large returns to help us make a trade decision. For example, suppose you find that Avantis Large has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avantis Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Avantis Large Lagged Returns
When evaluating Avantis Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis Large mutual fund have on its future price. Avantis Large 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 Large autocorrelation shows the relationship between Avantis Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Avantis Large Cap.
Regressed Prices |
| Timeline |
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Other Information on Investing in Avantis Mutual Fund
Avantis Large 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 Large security.
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