(AVDV) Avantis International - Ratings and Ratios

Avantis International Small Cap Value ETF (AVDV) is a diversified investment vehicle that targets undervalued small-cap companies outside the US, spanning various sectors, industries, and geographies. By focusing on the small-cap value segment, the fund aims to capitalize on potential mispricings in this often-overlooked market niche.

The funds investment strategy is characterized by a commitment to allocating at least 80% of its assets to small-cap securities, ensuring a high level of exposure to the target market segment. Additionally, AVDV may utilize derivative instruments, such as futures, currency forwards, and swap agreements, to enhance its investment returns or manage risk.

From a technical analysis perspective, AVDVs price action indicates a bullish trend, with the last price of $78.53 exceeding both the 20-day ($76.36) and 50-day ($72.42) simple moving averages. The 200-day SMA ($68.26) is also trending upward, suggesting a longer-term uptrend. With an Average True Range (ATR) of 0.71, representing a 0.90% daily price range, the funds volatility is relatively moderate.

Combining technical and fundamental insights, we can forecast that AVDV is likely to continue its upward trajectory, driven by the ongoing revaluation of small-cap international value stocks. With an AUM of $9.2 billion, the fund has achieved a significant scale, potentially attracting more investors and contributing to its growth momentum. As the global economy continues to evolve, AVDVs diversified portfolio and active management strategy are well-positioned to capitalize on emerging opportunities in the small-cap value space.

Based on the current technical and fundamental data, a potential price target for AVDV could be around $82-$85, representing a 4-8% upside from the current price. This forecast is contingent upon the continued strengthening of the global economy and the ongoing rotation into small-cap value stocks. However, it is essential to monitor the funds performance and adjust the forecast accordingly, as market conditions can change rapidly.