Avantis Real Estate Etf Market Value
| AVRE Etf | USD 44.84 0.21 0.47% |
| Symbol | Avantis |
The market value of Avantis Real Estate 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 Real's value that differs from its market value or its book value, called intrinsic value, which is Avantis Real'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 Real's market value can be influenced by many factors that don't directly affect Avantis Real'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 Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis Real'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.
Avantis Real '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 Real's etf 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 Real.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Avantis Real on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Avantis Real Estate or generate 0.0% return on investment in Avantis Real over 360 days. Avantis Real is related to or competes with FlexShares Global, ALPS REIT, WisdomTree New, First Trust, and Franklin Liberty. The fund invests primarily in a diverse group of real estate securities globally, in particular real estate investment t... More
Avantis Real 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 Real's etf 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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.838 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 4.5 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.09 |
Avantis Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis Real's standard deviation. In reality, there are many statistical measures that can use Avantis Real historical prices to predict the future Avantis Real's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0526 |
Avantis Real Estate Backtested Returns
Avantis Real Estate secures Sharpe Ratio (or Efficiency) of -0.0256, which signifies that the etf had a -0.0256% return per unit of standard deviation over the last 3 months. Avantis Real Estate exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avantis Real's risk adjusted performance of 0.0144, and Mean Deviation of 0.6221 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.0876, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Avantis Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avantis Real is expected to be smaller as well.
Auto-correlation | -0.28 |
Weak reverse predictability
Avantis Real Estate has weak reverse predictability. Overlapping area represents the amount of predictability between Avantis Real time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd of November 2024. 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 Real Estate price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Avantis Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 5.5 |
Avantis Real Estate lagged returns against current returns
Autocorrelation, which is Avantis Real etf'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 Real's etf expected returns. We can calculate the autocorrelation of Avantis Real returns to help us make a trade decision. For example, suppose you find that Avantis Real has exhibited high autocorrelation historically, and you observe that the etf 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 Real 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 Real etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis Real etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avantis Real etf over time.
Current vs Lagged Prices |
| Timeline |
Avantis Real Lagged Returns
When evaluating Avantis Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis Real etf have on its future price. Avantis Real 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 Real autocorrelation shows the relationship between Avantis Real etf current value and its past values and can show if there is a momentum factor associated with investing in Avantis Real Estate.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Avantis Real Estate is a strong investment it is important to analyze Avantis Real's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avantis Real's future performance. For an informed investment choice regarding Avantis Etf, refer to the following important reports:Check out Avantis Real Correlation, Avantis Real Volatility and Avantis Real Alpha and Beta module to complement your research on Avantis Real. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Avantis Real technical etf 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, etf market cycles, or different charting patterns.