Avantis Core Beta vs. Three Year Return
| AVMU Etf | USD 46.50 0.12 0.26% |
For Avantis Core profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avantis Core to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avantis Core Municipal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avantis Core's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avantis Core Municipal over time as well as its relative position and ranking within its peers.
Avantis |
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.
Avantis Core Municipal Three Year Return vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avantis Core's current stock value. Our valuation model uses many indicators to compare Avantis Core value to that of its competitors to determine the firm's financial worth. Avantis Core Municipal is the top ETF in beta as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Avantis Core by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Avantis Three Year Return vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Avantis Core |
| = | 0.93 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Avantis Core |
| = | (0.10) % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Avantis Three Year Return Comparison
Avantis Core is currently under evaluation in three year return as compared to similar ETFs.
Beta Analysis
Avantis Core returns are very sensitive to returns on the market. As the market goes up or down, Avantis Core is expected to follow.
Avantis Core Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avantis Core, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avantis Core will eventually generate negative long term returns. The profitability progress is the general direction of Avantis Core's change in net profit over the period of time. It can combine multiple indicators of Avantis Core, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avantis Core. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Avantis Core position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Avantis Core's important profitability drivers and their relationship over time.
Use Avantis Core in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avantis Core position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avantis Core will appreciate offsetting losses from the drop in the long position's value.Avantis Core Pair Trading
Avantis Core Municipal Pair Trading Analysis
The ability to find closely correlated positions to Avantis Core could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avantis Core when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avantis Core - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avantis Core Municipal to buy it.
The correlation of Avantis Core is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avantis Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avantis Core Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avantis Core can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Avantis Core position
In addition to having Avantis Core in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Adviser Favorites Theme or any other thematic opportunities.
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To fully project Avantis Core's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Avantis Core Municipal at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Avantis Core's income statement, its balance sheet, and the statement of cash flows.