Avantis Core Fixed Etf Net Asset
| AVIG Etf | USD 40.28 0.19 0.47% |
Avantis Core Fixed fundamentals help investors to digest information that contributes to Avantis Core's financial success or failures. It also enables traders to predict the movement of Avantis Etf. The fundamental analysis module provides a way to measure Avantis Core's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avantis Core etf.
Avantis |
Avantis Core Fixed ETF Net Asset Analysis
Avantis Core's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Avantis Core Net Asset | 243.03 M |
Most of Avantis Core's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avantis Core Fixed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Avantis Core Fixed has a Net Asset of 243.03 M. This is much higher than that of the Avantis Investors family and significantly higher than that of the Intermediate Core Bond category. The net asset for all United States etfs is notably lower than that of the firm.
Avantis Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avantis Core's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Avantis Core could also be used in its relative valuation, which is a method of valuing Avantis Core by comparing valuation metrics of similar companies.Avantis Core is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for Avantis Core
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides Avantis Core's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Avantis Fundamentals
| Beta | 1.07 | |||
| Total Asset | 243.03 M | |||
| One Year Return | (0.80) % | |||
| Three Year Return | (3.60) % | |||
| Net Asset | 243.03 M | |||
| Last Dividend Paid | 0.0475 | |||
| Bond Positions Weight | 9.62 % |
About Avantis Core Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avantis Core Fixed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avantis Core using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avantis Core Fixed based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avantis Core in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avantis Core's short interest history, or implied volatility extrapolated from Avantis Core options trading.
Pair Trading with Avantis Core
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.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 |
| 0.89 | EAGG | iShares ESG Aggregate | PairCorr |
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 Fixed 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 Fixed 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.Check out Avantis Core Piotroski F Score and Avantis Core Altman Z Score analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.