Davenport Small Cap Fund Price on March 20, 2024
| DSCPX Fund | USD 17.85 0.08 0.45% |
Below is the normalized historical share price chart for Davenport Small Cap extending back to December 31, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Davenport Small stands at 17.85, as last reported on the 23rd of May, with the highest price reaching 17.85 and the lowest price hitting 17.85 during the day.
If you're considering investing in Davenport Mutual Fund, it is important to understand the factors that can impact its price. Davenport Small Cap secures Sharpe Ratio (or Efficiency) of -0.0466, which denotes the fund had a -0.0466% return per unit of risk over the last 3 months. Davenport Small Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Davenport Small's Standard Deviation of 0.8639, mean deviation of 0.6635, and Variance of 0.7463 to check the risk estimate we provide.
Davenport Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davenport |
Sharpe Ratio = -0.0466
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| Negative Returns | DSCPX |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Davenport Small is not performing at its full potential. However, 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 Davenport Small by adding Davenport Small to a well-diversified portfolio.
Davenport Small Valuation on March 20, 2024
It is possible to determine the worth of Davenport Small on a given historical date. On March 20, 2024 Davenport was worth 18.74 at the beginning of the trading date compared to the closed value of 18.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davenport Small mutual fund. Still, in general, we apply an absolute valuation method to find Davenport Small'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 Davenport Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davenport Small's related companies.
| Open | High | Low | Close | Volume | |
| 18.38 | 18.38 | 18.38 | 18.38 | 1.00 | |
03/20/2024 | 18.74 | 18.74 | 18.74 | 18.74 | 1.00 |
| 19.00 | 19.00 | 19.00 | 19.00 | 1.00 |
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Davenport Small Trading Date Momentum on March 20, 2024
| On March 21 2024 Davenport Small Cap was traded for 19.00 at the closing time. The highest daily price throughout the period was 19.00 and the lowest price was 19.00 . There was no trading activity during the period 1.0. Lack of trading volume on 03/21/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.39% . The overall trading delta to current closing price is 0.64% . |
Davenport Small Cap Fundamentals Correlations and Trends
By evaluating Davenport Small'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 Davenport Small's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Davenport financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Davenport Small Mutual Fund history
Davenport Small 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 Davenport is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Davenport Small Cap 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 Davenport Small stock prices may prove useful in developing a viable investing in Davenport Small
Under normal circumstances, at least 80 percent of the funds net assets will be invested in common stocks of small capitalization companies and shares of registered investment companies , that invest primarily in stocks of small capitalization companies. It will invest primarily in companies that the Advisor believes have the potential for significant capital appreciation.
Davenport Small Mutual Fund Technical Analysis
Davenport Small 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
Davenport Small Period Price Range
Low | March 20, 2024
| High |
18.74 | 18.74 |
Davenport Small May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Davenport Small 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 Davenport Small shares will generate the highest return on investment. By undertsting and applying Davenport Small mutual fund market strength indicators, traders can identify Davenport Small Cap entry and exit signals to maximize returns
Davenport Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davenport Small's price direction in advance. Along with the technical and fundamental analysis of Davenport Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Davenport 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 | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.04) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davenport Small Cap. 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 american community survey. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.