AVES Avantis Emerging Markets Value ETF Forecast, Technical & Fundamental Analysis
AVES in -0.86% downward trend, falling for three consecutive days on January 08, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AVES declined for three days, in of 187 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Aroon Indicator for AVES entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for AVES's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVES advanced for three days, in of 202 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category DiversifiedEmergingMkts
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FGKFX | 30.86 | 0.39 | +1.28% |
| Fidelity Growth Company K6 | |||
| NGUAX | 29.63 | 0.30 | +1.02% |
| Neuberger Berman Large Cap Growth Inv | |||
| PFGEX | 26.21 | 0.24 | +0.92% |
| Parnassus Growth Equity Investor | |||
| GSAHX | 16.08 | 0.09 | +0.56% |
| Goldman Sachs Small Cap Growth Investor | |||
| FNGAX | 16.56 | 0.03 | +0.18% |
| Franklin Intl Growth A | |||
AVES and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, AVES has been closely correlated with SCHE. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if AVES jumps, then SCHE could also see price increases.
| Ticker / NAME | Correlation To AVES | 1D Price Change % | ||
|---|---|---|---|---|
| AVES | 100% | +0.81% | ||
| SCHE - AVES | 93% Closely correlated | +0.99% | ||
| IEMG - AVES | 93% Closely correlated | +0.77% | ||
| EEMV - AVES | 93% Closely correlated | +0.43% | ||
| SPEM - AVES | 92% Closely correlated | +0.87% | ||
| VWO - AVES | 92% Closely correlated | +0.83% | ||
More | ||||