Davis Appreciation Income Fund Manager Performance Evaluation
| DCSCX Fund | USD 54.11 0.22 0.03% |
The fund shows a Beta (market volatility) of 0.77, which means possible diversification benefits within a given portfolio. As returns on the market increase, Davis Appreciation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Davis Appreciation is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Davis Appreciation Income are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Davis Appreciation is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 1.7500 |
Davis |
Davis Appreciation Relative Risk vs. Return Landscape
If you would invest 5,767 in Davis Appreciation Income on February 23, 2024 and sell it today you would earn a total of 251.00 from holding Davis Appreciation Income or generate 4.35% return on investment over 90 days. Davis Appreciation Income is currently producing 0.0689% returns and takes up 0.5003% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Davis, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Davis Appreciation Current Valuation
Fairly Valued
Today
Please note that Davis Appreciation's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Davis Appreciation Income shows a prevailing Real Value of $59.82 per share. The current price of the fund is $60.18. We determine the value of Davis Appreciation Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Our valuation method for Davis Appreciation Income is useful when determining the fair value of the Davis mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Davis Appreciation. Since Davis Appreciation is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Davis Mutual Fund. However, Davis Appreciation's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 60.18 | Real 59.82 | Hype 60.18 | Naive 59.89 |
The real value of Davis Mutual Fund, also known as its intrinsic value, is the underlying worth of Davis Appreciation Income Mutual Fund, which is reflected in its stock price. It is based on Davis Appreciation's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Davis Appreciation's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Davis Appreciation's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Davis Appreciation Income helps investors to forecast how Davis mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Davis Appreciation more accurately as focusing exclusively on Davis Appreciation's fundamentals will not take into account other important factors: Davis Appreciation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Davis Appreciation's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Davis Appreciation Income, and traders can use it to determine the average amount a Davis Appreciation's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1377
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| Cash | DCSCX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Davis Appreciation is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Davis Appreciation by adding it to a well-diversified portfolio.
Davis Appreciation Fundamentals Growth
Davis Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Davis Appreciation, and Davis Appreciation fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Davis Mutual Fund performance.
| Price To Earning | 17.99 X | |||
| Price To Book | 2.26 X | |||
| Price To Sales | 2.20 X | |||
| Total Asset | 2.64 M | |||
About Davis Appreciation Performance
To evaluate Davis Appreciation Income Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Davis Appreciation generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Davis Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Davis Appreciation Income market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Davis's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The funds investment adviser uses the Davis Investment Discipline to invest Davis Appreciation Income Funds assets in a balanced portfolio of common stock, convertible securities, preferred stock and bonds. Davis Appreciation is traded on NASDAQ Exchange in the United States.Things to note about Davis Appreciation Income performance evaluation
Checking the ongoing alerts about Davis Appreciation for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Davis Appreciation Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Davis Appreciation's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Davis Appreciation's mutual fund performance include:- Analyzing Davis Appreciation's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Davis Appreciation's stock is overvalued or undervalued compared to its peers.
- Examining Davis Appreciation's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Davis Appreciation's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Davis Appreciation's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Davis Appreciation's mutual fund. These opinions can provide insight into Davis Appreciation's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Appreciation Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Davis Appreciation Income information on this page should be used as a complementary analysis to other Davis Appreciation's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.