Davis Select Financials
| DUSA Etf | USD 44.34 0.27 0.61% |
Net Expense Ratio 0.0061 | 3 y Sharp Ratio 0.29 |
Davis |
The data published in Davis Select's official financial statements typically reflect Davis Select's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Davis Select's quantitative information. For example, before you start analyzing numbers published by Davis accountants, it's essential to understand Davis Select's liquidity, profitability, and earnings quality within the context of the Davis ETFs space in which it operates.
Please note, the presentation of Davis Select's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Davis Select's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Davis Select's management manipulating its earnings.
Davis Select Etf Summary
Davis Select competes with FT Vest, Northern Lights, Dimensional International, First Trust, and EA Series. Under normal market conditions, the fund will invest at least 80 percent of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. companies. Davis Select is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US23908L2079 |
| CUSIP | 23908L207 |
| Region | North America |
| Investment Issuer | Davis Advisors |
| Location | Arizona; U.S.A |
| Business Address | Wilmington, MA |
| Etf Family | Davis ETFs |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Website | www.dusapharma.com |
| Phone | NA |
| Currency | USD - US Dollar |
Davis Select Key Financial Ratios
Davis Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Davis Select's current stock value. Our valuation model uses many indicators to compare Davis Select value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Davis Select competition to find correlations between indicators driving Davis Select's intrinsic value. More Info.Davis Select Equity is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Davis Select Equity is roughly 8.43 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Davis Select's earnings, one of the primary drivers of an investment's value.Davis Select Equity Systematic Risk
Davis Select's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Davis Select volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Davis Select Equity correlated with the market. If Beta is less than 0 Davis Select generally moves in the opposite direction as compared to the market. If Davis Select Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Davis Select Equity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Davis Select is generally in the same direction as the market. If Beta > 1 Davis Select moves generally in the same direction as, but more than the movement of the benchmark.
About Davis Select Financials
What exactly are Davis Select Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Davis Select's income statement, its balance sheet, and the statement of cash flows. Potential Davis Select investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Davis Select investors may use each financial statement separately, they are all related. The changes in Davis Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Davis Select's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Davis Select Thematic Clasifications
Davis Select Equity is part of several thematic ideas from Large Cap ETFs to Size And Style ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasDavis Select November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Davis Select help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Davis Select Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Davis Select Equity based on widely used predictive technical indicators. In general, we focus on analyzing Davis Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Davis Select's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.987 | |||
| Information Ratio | 0.0149 | |||
| Maximum Drawdown | 6.37 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.82 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Select Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Davis Select Equity is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Select's value that differs from its market value or its book value, called intrinsic value, which is Davis Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Davis Select's market value can be influenced by many factors that don't directly affect Davis Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Davis Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.