Davis New Financials
| NYVTX Fund | USD 30.59 0.11 0.36% |
Davis |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Davis New Fund Summary
Davis New competes with Gabelli Convertible, Putnam Convertible, Fidelity Sai, Harbor Convertible, and Absolute Convertible. Davis Selected Advisers, L.P. , the funds investment adviser, uses the Davis Investment Discipline to invest the funds portfolio principally in common stocks issued by large companies with market capitalizations of at least 10 billion. Historically, the fund has invested a significant portion of its assets in financial services companies and in foreign companies, and may also invest in mid- and small- capitalization companies.Specialization | Large Blend, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US2390801049 |
| Business Address | Davis New York |
| Mutual Fund Family | Davis Funds |
| Mutual Fund Category | Large Blend |
| Benchmark | Dow Jones Industrial |
| Phone | 800 279 0279 |
| Currency | USD - US Dollar |
Davis New Key Financial Ratios
Davis Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Davis New's current stock value. Our valuation model uses many indicators to compare Davis New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Davis New competition to find correlations between indicators driving Davis New's intrinsic value. More Info.Davis New York is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Davis New York is roughly 9.91 . 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 New's earnings, one of the primary drivers of an investment's value.Davis New York Systematic Risk
Davis New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Davis New 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Davis New York correlated with the market. If Beta is less than 0 Davis New generally moves in the opposite direction as compared to the market. If Davis New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Davis New York is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Davis New is generally in the same direction as the market. If Beta > 1 Davis New moves generally in the same direction as, but more than the movement of the benchmark.
Davis New November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Davis New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Davis New York. We use our internally-developed statistical techniques to arrive at the intrinsic value of Davis New York based on widely used predictive technical indicators. In general, we focus on analyzing Davis Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Davis New's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 4.56 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.81 |
Other Information on Investing in Davis Mutual Fund
Davis New 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 New security.
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