Avantis All Equity Etf Performance
| AVGE Etf | USD 76.14 0.05 0.07% |
The etf shows a Beta (market volatility) of 0.86, which signifies possible diversification benefits within a given portfolio. Avantis All returns are very sensitive to returns on the market. As the market goes up or down, Avantis All is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Avantis All Equity are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Avantis All is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | BIP Wealth LLC Acquires 10,719 Shares of Avantis All Equity Markets ETF | 11/19/2024 |
Avantis |
Avantis All Relative Risk vs. Return Landscape
If you would invest 7,246 in Avantis All Equity on August 30, 2024 and sell it today you would earn a total of 368.00 from holding Avantis All Equity or generate 5.08% return on investment over 90 days. Avantis All Equity is currently generating 0.0802% in daily expected returns and assumes 0.7475% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Avantis, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Avantis All Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis All's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Avantis All Equity, and traders can use it to determine the average amount a Avantis All'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 = 0.1073
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Avantis All is performing at about 8% 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 All by adding it to a well-diversified portfolio.
About Avantis All Performance
By analyzing Avantis All's fundamental ratios, stakeholders can gain valuable insights into Avantis All's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Avantis All 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 All has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Avantis All is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from thelincolnianonline.com: BIP Wealth LLC Acquires 10,719 Shares of Avantis All Equity Markets ETF |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avantis All Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Avantis All Equity 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 All's value that differs from its market value or its book value, called intrinsic value, which is Avantis All'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 All's market value can be influenced by many factors that don't directly affect Avantis All'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 All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis All'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.