Davidson Multi-cap Competition

DFMAX Fund

USD 35.31 0.08 0.23%

Davidson Multi Cap competes with Towpath Technology, Columbia Global, Hennessy Technology, Biotechnology Ultrasector, and Science Technology; as well as few others. The fund is listed under Large Blend category and is part of Davidson Mutual Funds family. Analyzing Davidson Multi-cap competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Davidson Multi-cap to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Davidson Multi-cap Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Davidson Multi-cap competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
34.62	35.31	36.00

Details

Intrinsic

Valuation

Low	Real	High
34.25	34.94	35.63

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Davidson Multi-cap. Your research has to be compared to or analyzed against Davidson Multi-cap's peers to derive any actionable benefits. When done correctly, Davidson Multi-cap's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Davidson Multi Cap.

Davidson Multi-cap Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Davidson Multi-cap and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Davidson and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Davidson Multi Cap does not affect the price movement of the other competitor.

	TOWTX	CMTFX	HTECX	BIPIX	USTCX	TEPIX	DTEYX	JGLTX
TOWTX		0.86	0.82	-0.03	0.8	0.9	0.84	0.86	TOWTX
CMTFX	0.86		0.91	-0.13	0.97	0.98	0.99	1.0	CMTFX
HTECX	0.82	0.91		0.08	0.94	0.89	0.91	0.92	HTECX
BIPIX	-0.03	-0.13	0.08		-0.11	-0.07	-0.22	-0.13	BIPIX
USTCX	0.8	0.97	0.94	-0.11		0.93	0.98	0.97	USTCX
TEPIX	0.9	0.98	0.89	-0.07	0.93		0.95	0.98	TEPIX
DTEYX	0.84	0.99	0.91	-0.22	0.98	0.95		0.99	DTEYX
JGLTX	0.86	1.0	0.92	-0.13	0.97	0.98	0.99		JGLTX
	TOWTX	CMTFX	HTECX	BIPIX	USTCX	TEPIX	DTEYX	JGLTX

Click cells to compare fundamentals

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High positive correlations

JGLTX	+ 1.0	CMTFX
DTEYX	+ 0.99	CMTFX
JGLTX	+ 0.99	DTEYX
TEPIX	+ 0.98	CMTFX
DTEYX	+ 0.98	USTCX
JGLTX	+ 0.98	TEPIX

High negative correlations

DTEYX	- 0.22	BIPIX
JGLTX	- 0.13	BIPIX
BIPIX	- 0.13	CMTFX
USTCX	- 0.11	BIPIX
TEPIX	- 0.07	BIPIX
BIPIX	- 0.03	TOWTX

Risk-Adjusted Indicators

There is a big difference between Davidson Mutual Fund performing well and Davidson Multi-cap Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Davidson Multi-cap's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TOWTX	0.60	(0.10)	0.00	(0.01)	0.00	0.00	1.12	(1.68)	3.71
CMTFX	0.96	(0.04)	(0.02)	0.08	1.41	(0.94)	1.96	(2.56)	6.08
HTECX	0.88	(0.09)	(0.04)	0.05	1.24	(0.81)	1.73	(2.15)	6.25
BIPIX	1.51	(0.24)	0.00	(0.02)	0.00	0.00	3.10	(3.98)	11.89
USTCX	0.90	0.04	0.03	0.15	1.22	(0.86)	2.39	(2.53)	6.28
TEPIX	1.47	(0.11)	(0.01)	0.05	2.20	(1.43)	2.84	(3.72)	9.83
DTEYX	0.90	0.01	0.01	0.12	1.24	(0.91)	1.88	(2.49)	5.99
JGLTX	0.89	(0.04)	(0.03)	0.07	1.36	(0.85)	1.87	(2.61)	5.92

Unable to evaluate fundamental data of [TOWTX, CMTFX, HTECX, BIPIX, USTCX, TEPIX, DTEYX, JGLTX] at this time. Please try again later

All Fundamental Data

Davidson Multi-cap Competitive Analysis

The better you understand Davidson Multi-cap competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Davidson Multi-cap's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Davidson Multi-cap's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	DFMAX	TOWTX	CMTFX	HTECX	BIPIX	USTCX	TEPIX	DTEYX	JGLTX
	0.23 35.31 Davidson	4.27 13.91 Towpath	1.12 90.54 Columbia	1.20 23.83 Hennessy	1.86 68.95 Biotechnology	0.69 28.72 Science	2.08 40.08 Technology	0.89 79.86 Dreyfus	1.07 21.22 Global
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Weak	OK	OK	Weak	Good	OK	Good	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Buy	Buy	Buy	Strong Hold	Strong Buy	Strong Hold	Buy	Buy
Net Asset	121.48 M	4.67 M	1.5 B	6.52 M	116.96 M	1.51 B	79.29 M	352.51 M	482.63 M
Minimum Initial Investment	N/A	2 K	N/A	N/A	15 K	N/A	N/A	N/A	N/A
Price To Book	2.61	N/A	4.38	4.25	5.19	3.78	3.83	N/A	4.05
Five Year Return	14.71	N/A	21.06	13.03	9.05	11.01	26.95	17.56	19.46
One Year Return	25.69	N/A	36.83	27.32	42.39	47.1	34.82	37.02	40.57
Last Dividend Paid	0.13	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.05
Price To Earning	19.15	N/A	25.37	1.49	2.37	24.25	2.02	N/A	1.6
Price To Sales	1.9	N/A	3.64	2.59	4.56	2.31	2.89	N/A	3.16
Cash Position Weight	2.98	19.67	1.07	0.05	24.54	2.73	19.11	5.55	2.76
Equity Positions Weight	97.01	80.33	98.93	99.95	75.46	97.27	76.66	93.9	97.02
Three Year Return	7.45	N/A	10.23	5.76	2.87	-0.52	6.14	1.18	8.36
Annual Yield	0.0028	0.0026	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Year To Date Return	19.65	N/A	30.14	18.14	7.71	31.26	27.01	27.42	33.79
Ten Year Return	11.49	N/A	19.37	9.23	24.2	17.85	23.02	15.82	18.83
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	35.31	13.91	90.54	23.83	68.95	28.72	40.08	79.86	21.22
Period Momentum Indicator	(0.08)	(0.62)	(1.03)	(0.29)	1.26	(0.20)	(0.85)	(0.72)	(0.23)
Rate Of Daily Change	1.0	0.96	0.99	0.99	1.02	0.99	0.98	0.99	0.99
Day Median Price	35.31	13.91	90.54	23.83	68.95	28.72	40.08	79.86	21.22
Price Action Indicator	(0.04)	(0.31)	(0.51)	(0.15)	0.63	(0.10)	(0.43)	(0.36)	(0.12)
Coefficient Of Variation	775.52	(67,996)	1486.12	1689.82	(8,494)	745.21	2291.97	925.13	1519.66
Mean Deviation	0.5602	0.6048	0.9563	0.8781	1.51	0.8974	1.47	0.9012	0.8864
Jensen Alpha	(0.01)	(0.10)	(0.04)	(0.09)	(0.24)	0.037	(0.11)	0.009	(0.04)
Total Risk Alpha	(0.03)	(0.15)	(0.12)	(0.12)	(0.35)	(0.03)	(0.23)	(0.06)	(0.12)
Sortino Ratio	(0.04)	N/A	(0.02)	(0.04)	N/A	0.0301	(0.01)	0.0077	(0.03)
Downside Variance	0.5933	N/A	2.3	1.88	N/A	2.46	5.48	2.15	2.23
Standard Deviation	0.7268	0.9078	1.33	1.19	2.08	1.29	2.08	1.26	1.27
Kurtosis	1.27	6.99	1.7	1.52	2.44	1.52	1.81	1.66	2.16
Potential Upside	0.9709	1.12	1.96	1.73	3.1	2.39	2.84	1.88	1.87
Treynor Ratio	0.0986	(0.01)	0.0761	0.0473	(0.02)	0.1494	0.0483	0.1242	0.0726
Maximum Drawdown	3.57	3.71	6.08	6.25	11.89	6.28	9.83	5.99	5.92
Variance	0.5283	0.8241	1.77	1.43	4.32	1.65	4.32	1.6	1.61
Market Risk Adjusted Performance	0.1086	(0)	0.0861	0.0573	(0.01)	0.1594	0.0583	0.1342	0.0826
Risk Adjusted Performance	0.0983	4.0E-4	0.0558	0.0489	(0)	0.1069	0.0397	0.0868	0.0544
Skewness	(0.17)	(1.76)	(0.69)	(0.08)	(1.01)	(0.55)	(0.61)	(0.73)	(0.79)
Semi Deviation	0.6334	N/A	1.41	1.24	N/A	1.22	2.2	1.24	1.36
Information Ratio	(0.04)	(0.14)	(0.03)	(0.05)	(0.07)	0.0367	(0.02)	0.0089	(0.03)
Value At Risk	(1.15)	(1.68)	(2.56)	(2.15)	(3.98)	(2.53)	(3.72)	(2.49)	(2.61)
Expected Short fall	(0.59)	N/A	(0.94)	(0.81)	N/A	(0.86)	(1.43)	(0.91)	(0.85)
Downside Deviation	0.7702	N/A	1.52	1.37	N/A	1.57	2.34	1.47	1.49
Semi Variance	0.4012	N/A	1.97	1.54	N/A	1.49	4.86	1.54	1.85

Davidson Multi-cap Competition Performance Charts

Five steps to successful analysis of Davidson Multi-cap Competition

Davidson Multi-cap's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Davidson Multi Cap in relation to its competition. Davidson Multi-cap's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Davidson Multi-cap in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Davidson Multi-cap's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Davidson Multi Cap, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Davidson Multi-cap position

In addition to having Davidson Multi-cap in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Davidson Mutual Fund

Davidson Multi-cap financial ratios help investors to determine whether Davidson 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 Davidson with respect to the benefits of owning Davidson Multi-cap security.

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