AVDE Stock Summary and Trading Ideas (Avantis International Equity ETF | ARCA:AVDE)

The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. The fund may invest in companies of all market capitalizations. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with smaller market capitalizations and securities of companies it defines as high profitability or value companies. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of large companies with lower levels of profitability and higher prices relative to their book values or other financial metrics. To identify small capitalization, high profitability, or value companies, the portfolio managers may use reported and estimated company financials and market data including, but not limited to, shares outstanding, book value and its components, cash flows, revenue, expenses, accruals and income.

Avantis International Equity ETF trades on the ARCA stock market under the symbol AVDE.

As of May 10, 2024, AVDE stock price climbed to $64.21 with 99,604 million shares trading.

AVDE has a beta of 0.86, meaning it tends to be less sensitive to market movements. AVDE has a correlation of 0.65 to the broad based SPY ETF.

AVDE has a market cap of $4.47 billion. This is considered a Mid Cap stock.

In the last 3 years, AVDE stock traded as high as $65.80 and as low as $44.63.

AVDE stock has underperformed the market in the last year with a return of +13.1%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AVDE shares. However, AVDE has outperformed the market in the last 3 month and 2 week periods, returning +7.7% and +2.8%, while SPY returned +4.2% and +2.5%, respectively. This indicates AVDE has been having a stronger performance recently.

AVDE support price is $63.59 and resistance is $64.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AVDE stock will trade within this expected range on the day.