Avantis Core Fixed Etf Profile
| AVIG Etf | USD 40.26 0.07 0.17% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Avantis Core is trading at 40.26 as of the 24th of April 2024. This is a 0.17% increase since the beginning of the trading day. The etf's lowest day price was 40.12. Avantis Core has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Avantis Core Fixed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
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. More on Avantis Core Fixed
Moving together with Avantis Etf
| 1.0 | BND | Vanguard Total Bond | PairCorr |
| 1.0 | AGG | iShares Core Aggregate | PairCorr |
| 0.99 | BIV | Vanguard Intermediate | PairCorr |
| 1.0 | SPAB | SPDR Portfolio Aggregate | PairCorr |
| 0.99 | EAGG | iShares ESG Aggregate | PairCorr |
| 1.0 | FLCB | Franklin Templeton ETF | PairCorr |
| 0.99 | UITB | VictoryShares USAA Core | PairCorr |
Moving against Avantis Etf
| 0.46 | IAUF | iShares Gold Strategy | PairCorr |
Avantis Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Avantis Core's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avantis Core or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Investment Grade ETFs, Broad Debt ETFs, Intermediate Core Bond, Avantis Investors (View all Sectors) |
| Issuer | American Century Investments |
| Inception Date | 2020-10-13 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 698.67 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | American Century Services, LLC |
| Advisor | American Century Investment Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Eduardo Repetto, Hozef Arif, Mitchell Handa, Daniel Ong |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 777 |
| Market Maker | Jane Street |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | (2.89) |
| Name | Avantis Core Fixed Income ETF |
| Currency Code | USD |
| In Threey Volatility | 7.75 |
| 1y Volatility | 7.51 |
| 200 Day M A | 40.609 |
| 50 Day M A | 40.8486 |
| Code | AVIG |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.67) |
| Type | ETF |
Avantis Core Fixed [AVIG] is traded in USA and was established 2020-10-13. The fund is listed under Intermediate Core Bond category and is part of Avantis Investors family. The entity is thematically classified as Investment Grade ETFs. Avantis Core Fixed presently have 243.03 M in assets under management (AUM). , while the total return for the last 3 years was -3.6%.
Check Avantis Core Probability Of Bankruptcy
Geographic Allocation (%)
Avantis Core Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Avantis Core jumping above the current price in 90 days from now is over 95.33%. The Avantis Core Fixed probability density function shows the probability of Avantis Core etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Avantis Core has a beta of 0.2756. This suggests as returns on the market go up, Avantis Core average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Avantis Core Fixed will be expected to be much smaller as well. Additionally, avantis Core Fixed has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Avantis Core to move above the current price in 90 days from now is over 95.33 (This Avantis Core Fixed probability density function shows the probability of Avantis Etf to fall within a particular range of prices over 90 days) .
Avantis Core Fixed Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Avantis Core market risk premium is the additional return an investor will receive from holding Avantis Core long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Avantis Core. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Avantis Core's alpha and beta are two of the key measurements used to evaluate Avantis Core's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.12) |
Avantis Core Against Markets
Picking the right benchmark for Avantis Core etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Avantis Core etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Avantis Core is critical whether you are bullish or bearish towards Avantis Core Fixed at a given time. Please also check how Avantis Core's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Avantis Core without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
| All Next | Launch Module |
How to buy Avantis Etf?
Before investing in Avantis Core, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Avantis Core. To buy Avantis Core etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Avantis Core. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Avantis Core etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Avantis Core Fixed etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Avantis Core Fixed etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Avantis Core Fixed, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Avantis Etf please use our How to Invest in Avantis Core guide.
Already Invested in Avantis Core Fixed?
The danger of trading Avantis Core Fixed is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Avantis Core is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Avantis Core. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avantis Core Fixed is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Avantis Core Fixed is a strong investment it is important to analyze Avantis Core's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avantis Core's future performance. For an informed investment choice regarding Avantis Etf, refer to the following important reports: 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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.