Avantis Core Valuation
| AVMU Etf | USD 46.50 0.12 0.26% |
At this time, the entity appears to be overvalued. Avantis Core Municipal shows a prevailing Real Value of $45.29 per share. The current price of the entity is $46.5. Our model approximates the value of Avantis Core Municipal from analyzing the entity fundamentals such as net asset of 37.49 M, and Beta of 0.93 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Avantis Core's price fluctuation is very steady at this time. Calculation of the real value of Avantis Core Municipal is based on 3 months time horizon. Increasing Avantis Core's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Avantis Core's intrinsic value may or may not be the same as its current market price of 46.50, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 46.5 | Real 45.29 | Hype 46.5 |
The intrinsic value of Avantis Core's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Avantis Core's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Avantis Core Municipal helps investors to forecast how Avantis etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Avantis Core more accurately as focusing exclusively on Avantis Core's fundamentals will not take into account other important factors: About Avantis Core Valuation
The etf valuation mechanism determines Avantis Core's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Avantis Core Municipal based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avantis Core. We calculate exposure to Avantis Core's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Avantis Core's related companies.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.
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.