Avantis Core Fixed Etf Performance
| AVIG Etf | USD 41.40 0.38 0.93% |
The etf shows a Beta (market volatility) of -0.0413, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Avantis Core are expected to decrease at a much lower rate. During the bear market, Avantis Core is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Avantis Core Fixed has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable forward indicators, Avantis Core is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Avantis Core Fixed Income ETF declares monthly distribution of 0.1563 | 09/05/2024 |
2 | When the Price of Talks, People Listen - Stock Traders Daily | 11/21/2024 |
| In Threey Sharp Ratio | -0.73 |
Avantis |
Avantis Core Relative Risk vs. Return Landscape
If you would invest 4,173 in Avantis Core Fixed on August 28, 2024 and sell it today you would lose (33.00) from holding Avantis Core Fixed or give up 0.79% of portfolio value over 90 days. Avantis Core Fixed is currently does not generate positive expected returns and assumes 0.3195% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% 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 Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis Core's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Avantis Core Fixed, and traders can use it to determine the average amount a Avantis Core'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 = -0.0379
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| Negative Returns | AVIG |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avantis Core is not performing at its full potential. However, 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 Core by adding Avantis Core to a well-diversified portfolio.
Avantis Core Fundamentals Growth
Avantis Etf prices reflect investors' perceptions of the future prospects and financial health of Avantis Core, and Avantis Core 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 Etf performance.
| Total Asset | 243.03 M | |||
About Avantis Core Performance
By analyzing Avantis Core's fundamental ratios, stakeholders can gain valuable insights into Avantis Core's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Avantis Core 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 Core has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests primarily in investment grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers. Avantis Core is traded on NYSEARCA Exchange in the United States.| Avantis Core Fixed generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: When the Price of Talks, People Listen - Stock Traders Daily | |
| The fund created three year return of -2.0% | |
| Avantis Core Fixed holds about 9.62% of its assets under management (AUM) in fixed income securities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avantis Core Fixed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Avantis Core Fixed 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 Core's value that differs from its market value or its book value, called intrinsic value, which is Avantis Core'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 Core's market value can be influenced by many factors that don't directly affect Avantis Core'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 Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis Core'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.