Avantis Small Cap Fund Market Value
| AVUVX Fund | USD 17.68 0.15 0.86% |
| Symbol | Avantis |
Avantis Small '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 Small'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 Small.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Avantis Small on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Avantis Small Cap or generate 0.0% return on investment in Avantis Small over 30 days. Avantis Small is related to or competes with Baron Health, Invesco Global, Blackrock Health, Live Oak, Hartford Healthcare, and Allianzgi Health. The fund invests primarily in a diverse group of U.S More
Avantis Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.02 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.83 |
Avantis Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis Small's standard deviation. In reality, there are many statistical measures that can use Avantis Small historical prices to predict the future Avantis Small's volatility.| Risk Adjusted Performance | 0.0159 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0552 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avantis Small'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 Small Cap Backtested Returns
At this stage we consider Avantis Mutual Fund to be very steady. Avantis Small Cap secures Sharpe Ratio (or Efficiency) of 0.0391, which signifies that the fund had a 0.0391 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Avantis Small Cap, which you can use to evaluate the volatility of the entity. Please confirm Avantis Small's risk adjusted performance of 0.0159, and Mean Deviation of 0.8753 to double-check if the risk estimate we provide is consistent with the expected return of 0.0569%. The fund shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Avantis Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avantis Small is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Avantis Small Cap has insignificant reverse predictability. Overlapping area represents the amount of predictability between Avantis Small time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. 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 Small Cap price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Avantis Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Avantis Small Cap lagged returns against current returns
Autocorrelation, which is Avantis Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Avantis Small returns to help us make a trade decision. For example, suppose you find that Avantis Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Avantis Small Lagged Returns
When evaluating Avantis Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis Small mutual fund have on its future price. Avantis Small 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 Small autocorrelation shows the relationship between Avantis Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Avantis Small Cap.
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.Other Information on Investing in Avantis Mutual Fund
Avantis Small 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 Small security.
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