Avantis Core Municipal Etf Price on December 13, 2024
| AVMU Etf | USD 46.50 0.12 0.26% |
If you're considering investing in Avantis Etf, it is important to understand the factors that can impact its price. As of today, the current price of Avantis Core stands at 46.50, as last reported on the 14th of December 2024, with the highest price reaching 46.63 and the lowest price hitting 46.45 during the day. Currently, Avantis Core Municipal is very steady. Avantis Core Municipal secures Sharpe Ratio (or Efficiency) of 0.0127, which signifies that the etf had a 0.0127% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Avantis Core Municipal, which you can use to evaluate the volatility of the entity. Please confirm Avantis Core's risk adjusted performance of (0.01), and Mean Deviation of 0.163 to double-check if the risk estimate we provide is consistent with the expected return of 0.0034%.
Avantis Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Avantis |
Sharpe Ratio = 0.0127
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Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Avantis Core is performing at about 1% 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 Core by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Avantis Core Valuation on December 13, 2024
It is possible to determine the worth of Avantis Core on a given historical date. On December 13, 2024 Avantis was worth 46.59 at the beginning of the trading date compared to the closed value of 46.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avantis Core etf. Still, in general, we apply an absolute valuation method to find Avantis Core's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avantis Core where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avantis Core's related companies.
| Open | High | Low | Close | Volume | |
| 46.74 | 46.74 | 46.55 | 46.62 | 19,830 | |
12/13/2024 | 46.59 | 46.63 | 46.45 | 46.50 | 8,300 |
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Avantis Core Trading Date Momentum on December 13, 2024
| On December 13 2024 Avantis Core Municipal was traded for 46.50 at the closing time. The top price for the day was 46.63 and the lowest listed price was 46.45 . The trading volume for the day was 8.3 K. The trading history from December 13, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.19% . |
Avantis Core Municipal Fundamentals Correlations and Trends
By evaluating Avantis Core's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avantis Core's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avantis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avantis Core Etf history
Avantis Core investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Avantis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avantis Core Municipal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Avantis Core stock prices may prove useful in developing a viable investing in Avantis Core
Under normal market conditions, the fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in municipal fixed income securities with interest payments exempt from federal income tax. Avantis Core is traded on NYSEARCA Exchange in the United States.
Avantis Core Etf Technical Analysis
Avantis Core 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.
Price Boundaries
Avantis Core Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Avantis Core Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Avantis Core December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Avantis Core etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avantis Core shares will generate the highest return on investment. By undertsting and applying Avantis Core etf market strength indicators, traders can identify Avantis Core Municipal entry and exit signals to maximize returns
Avantis Core Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avantis Core's price direction in advance. Along with the technical and fundamental analysis of Avantis Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avantis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.000089) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.0913 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avantis Core Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Avantis Core Municipal 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.