Avantis International Small Fund Market Value

AVANX Fund  USD 12.54  0.06  0.48%   
Avantis International's market value is the price at which a share of Avantis International trades on a public exchange. It measures the collective expectations of Avantis International Small investors about its performance. Avantis International is trading at 12.54 as of the 11th of December 2024; that is 0.48 percent down since the beginning of the trading day. The fund's open price was 12.6.
With this module, you can estimate the performance of a buy and hold strategy of Avantis International Small and determine expected loss or profit from investing in Avantis International over a given investment horizon. Check out Avantis International Correlation, Avantis International Volatility and Avantis International Alpha and Beta module to complement your research on Avantis International.
Symbol

Please note, there is a significant difference between Avantis International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avantis International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avantis International'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 International '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 International'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 International.
0.00
12/22/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/11/2024
0.00
If you would invest  0.00  in Avantis International on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Avantis International Small or generate 0.0% return on investment in Avantis International over 720 days. Avantis International is related to or competes with Smallcap Growth, Tfa Alphagen, Needham Aggressive, Praxis Growth, Qs Moderate, Rational Defensive, and Eip Growth. The fund invests primarily in a diverse group of non-U.S More

Avantis International 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 International'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 International Small upside and downside potential and time the market with a certain degree of confidence.

Avantis International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantis International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantis International's standard deviation. In reality, there are many statistical measures that can use Avantis International historical prices to predict the future Avantis International's volatility.
Hype
Prediction
LowEstimatedHigh
11.6212.5413.46
Details
Intrinsic
Valuation
LowRealHigh
11.7612.6813.60
Details
Naive
Forecast
LowNextHigh
11.5112.4313.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.4913.0313.57
Details

Avantis International Backtested Returns

Avantis International secures Sharpe Ratio (or Efficiency) of -0.0522, which signifies that the fund had a -0.0522% return per unit of standard deviation over the last 3 months. Avantis International Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avantis International's risk adjusted performance of (0.02), and Mean Deviation of 0.6296 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avantis International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avantis International is expected to be smaller as well.

Auto-correlation

    
  0.23  

Weak predictability

Avantis International Small has weak predictability. Overlapping area represents the amount of predictability between Avantis International time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th of December 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 International price movement. The serial correlation of 0.23 indicates that over 23.0% of current Avantis International price fluctuation can be explain by its past prices.
Correlation Coefficient0.23
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.33

Avantis International lagged returns against current returns

Autocorrelation, which is Avantis International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Avantis International returns to help us make a trade decision. For example, suppose you find that Avantis International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantis International 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 International mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Avantis International Lagged Returns

When evaluating Avantis International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantis International mutual fund have on its future price. Avantis International 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 International autocorrelation shows the relationship between Avantis International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Avantis International Small.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Avantis Mutual Fund

Avantis International 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 International security.
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