Davis Appreciation Income Fund Price on February 23, 2024
| DCSCX Fund | USD 59.85 0.27 0.45% |
If you're considering investing in Davis Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Davis Appreciation stands at 59.85, as last reported on the 13th of June 2024, with the highest price reaching 59.85 and the lowest price hitting 59.85 during the day. We consider Davis Appreciation very steady. Davis Appreciation Income secures Sharpe Ratio (or Efficiency) of 0.0992, which denotes the fund had a 0.0992% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Davis Appreciation Income, which you can use to evaluate the volatility of the entity. Please confirm Davis Appreciation's Coefficient Of Variation of 1008.06, downside deviation of 0.5525, and Mean Deviation of 0.4141 to check if the risk estimate we provide is consistent with the expected return of 0.0517%.
Davis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davis |
Sharpe Ratio = 0.0992
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Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Davis Appreciation is performing at about 7% 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 Valuation on February 23, 2024
It is possible to determine the worth of Davis Appreciation on a given historical date. On February 23, 2024 Davis was worth 57.76 at the beginning of the trading date compared to the closed value of 57.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davis Appreciation mutual fund. Still, in general, we apply an absolute valuation method to find Davis Appreciation's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Davis Appreciation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davis Appreciation's related companies.
| Open | High | Low | Close | Volume | |
| 57.65 | 57.65 | 57.56 | 57.56 | 1.00 | |
02/23/2024 | 57.76 | 57.76 | 57.67 | 57.67 | 1.00 |
| 57.57 | 57.57 | 57.48 | 57.48 | 1.00 |
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Davis Appreciation Trading Date Momentum on February 23, 2024
| On February 26 2024 Davis Appreciation Income was traded for 57.48 at the closing time. The highest daily price throughout the period was 57.57 and the lowest price was 57.48 . There was no trading activity during the period 1.0. Lack of trading volume on 02/26/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.33% . The overall trading delta to current closing price is 0.43% . |
Davis Appreciation Income Fundamentals Correlations and Trends
By evaluating Davis Appreciation's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Davis Appreciation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Davis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Davis Appreciation Mutual Fund history
Davis Appreciation investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Davis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Davis Appreciation Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Davis Appreciation stock prices may prove useful in developing a viable investing in Davis Appreciation
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.
Davis Appreciation Mutual Fund Technical Analysis
Davis Appreciation technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Davis Appreciation Period Price Range
Low | February 23, 2024
| High |
57.76 | 57.67 |
Davis Appreciation June 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Davis Appreciation mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Davis Appreciation shares will generate the highest return on investment. By undertsting and applying Davis Appreciation mutual fund market strength indicators, traders can identify Davis Appreciation Income entry and exit signals to maximize returns
Davis Appreciation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davis Appreciation's price direction in advance. Along with the technical and fundamental analysis of Davis Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Davis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.06 | |||
| Jensen Alpha | 0.0413 | |||
| Total Risk Alpha | 0.0384 | |||
| Sortino Ratio | 0.0684 | |||
| Treynor Ratio | 0.3843 |
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Other Information on Investing in Davis Mutual Fund
Davis Appreciation financial ratios help investors to determine whether Davis Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Davis with respect to the benefits of owning Davis Appreciation security.
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