Avantis Us Correlations

Mutual Funds . USA . 
Fund . Avantis Equity
AVUSX Fund  USD 19.60  0.13  0.67%   
The current 90-days correlation between Avantis Equity and Ubs Money Series is 0.04 (i.e., Significant diversification). The correlation of Avantis Us 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Avantis Us Correlation With Market

Almost no diversification

The correlation between Avantis Equity and DJI is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Avantis Equity and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avantis Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Avantis Mutual Fund

  0.96AVANX Avantis InternationalPairCorr
  0.76AVBNX American Century EtfPairCorr
  0.96AVDEX Avantis InternationalPairCorr
  0.99AVCNX American Century EtfPairCorr
  0.98AVEEX Avantis Emerging MarketsPairCorr
  0.96AVDVX Avantis InternationalPairCorr
  0.96AVDNX Avantis InternationalPairCorr
  0.98AVENX Avantis Emerging MarketsPairCorr
  0.65AVGNX Avantis Short TermPairCorr
  0.74AVIGX American Century EtfPairCorr
  1.0AVLVX American Century EtfPairCorr
  0.99AVSBX Avantis Small CapPairCorr
  0.99AVUVX Avantis Small CapPairCorr
  1.0AVUNX Avantis EquityPairCorr
  1.0ALCEX Avantis Large CapPairCorr
  1.0VTSAX Vanguard Total StockPairCorr
  1.0VFIAX Vanguard 500 IndexPairCorr
  1.0VTSMX Vanguard Total StockPairCorr
  1.0VITSX Vanguard Total StockPairCorr
  1.0VSMPX Vanguard Total StockPairCorr
  1.0VSTSX Vanguard Total StockPairCorr
  1.0VFINX Vanguard 500 IndexPairCorr
  1.0VFFSX Vanguard 500 IndexPairCorr
  1.0VINIX Vanguard InstitutionalPairCorr
  1.0VIIIX Vanguard InstitutionalPairCorr
  0.91FSMMX Fs Multi StrategyPairCorr
  0.95BTMPX Ishares Msci EafePairCorr
  0.95BTMKX Blackrock InternationalPairCorr
  0.95MDIIX Blackrock Intern IndexPairCorr
  0.71SPMPX Invesco Steelpath MlpPairCorr
  0.72MLPNX Oppenheimer Steelpath MlpPairCorr
  0.69MLPMX Oppenheimer Steelpath MlpPairCorr
  0.7SPMJX Invesco Steelpath MlpPairCorr
  0.97HYSZX Prudential Short DurationPairCorr
  0.99JSIZX Jpmorgan SmartretirementPairCorr
  1.0FCAGX Fidelity Small CapPairCorr
  0.62ARCIX Aqr Risk BalancedPairCorr
  0.97RCRFX Riverpark Floating RatePairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Avantis Mutual Fund performing well and Avantis Us Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Avantis Us' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY