Davenport Value Mutual Fund Forecast - Simple Moving Average
| DVIPX Fund | USD 20.35 0.06 0.29% |
The Simple Moving Average forecasted value of Davenport Value Income on the next trading day is expected to be 20.35 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.43. Davenport Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Davenport Value's share price is below 20 suggesting that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Davenport Value hype-based prediction, you can estimate the value of Davenport Value Income from the perspective of Davenport Value response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Davenport Value Income on the next trading day is expected to be 20.35 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.43. Davenport Value after-hype prediction price | USD 20.35 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Davenport |
Davenport Value Additional Predictive Modules
Most predictive techniques to examine Davenport price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Davenport using various technical indicators. When you analyze Davenport charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Davenport Value Simple Moving Average Price Forecast For the 25th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Davenport Value Income on the next trading day is expected to be 20.35 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.04, and the sum of the absolute errors of 8.43.Please note that although there have been many attempts to predict Davenport Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Davenport Value's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Davenport Value Mutual Fund Forecast Pattern
| Backtest Davenport Value | Davenport Value Price Prediction | Buy or Sell Advice |
Davenport Value Forecasted Value
In the context of forecasting Davenport Value's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Davenport Value's downside and upside margins for the forecasting period are 19.47 and 21.23, respectively. We have considered Davenport Value's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Davenport Value mutual fund data series using in forecasting. Note that when a statistical model is used to represent Davenport Value mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 112.9616 |
| Bias | Arithmetic mean of the errors | -0.0455 |
| MAD | Mean absolute deviation | 0.1405 |
| MAPE | Mean absolute percentage error | 0.0073 |
| SAE | Sum of the absolute errors | 8.43 |
Predictive Modules for Davenport Value
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Davenport Value Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Davenport Value After-Hype Price Prediction Density Analysis
As far as predicting the price of Davenport Value at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Davenport Value or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Davenport Value, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Davenport Value Estimiated After-Hype Price Volatility
In the context of predicting Davenport Value's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Davenport Value's historical news coverage. Davenport Value's after-hype downside and upside margins for the prediction period are 19.47 and 21.23, respectively. We have considered Davenport Value's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Davenport Value is very steady at this time. Analysis and calculation of next after-hype price of Davenport Value Income is based on 3 months time horizon.
Davenport Value Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Davenport Value is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Davenport Value backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Davenport Value, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.15 | 0.88 | 1.32 | 0.11 | 4 Events / Month | 1 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
20.35 | 20.35 | 0.00 |
|
Davenport Value Hype Timeline
Davenport Value Income is currently traded for 20.35. The entity has historical hype elasticity of -1.32, and average elasticity to hype of competition of -0.11. Davenport is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 10.0%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.15%. %. The volatility of related hype on Davenport Value is about 121.26%, with the expected price after the next announcement by competition of 20.24. The company last dividend was issued on the 16th of March 2020. Assuming the 90 days horizon the next projected press release will be in about 4 days. Check out Historical Fundamental Analysis of Davenport Value to cross-verify your projections.Davenport Value Related Hype Analysis
Having access to credible news sources related to Davenport Value's direct competition is more important than ever and may enhance your ability to predict Davenport Value's future price movements. Getting to know how Davenport Value's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Davenport Value may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SWHFX | Schwab Health Care | 0.00 | 0 per month | 0.33 | 0.13 | 2.04 | (0.97) | 4.56 | |
| DLRHX | Delaware Healthcare Fund | (0.13) | 1 per month | 0.40 | 0.16 | 2.09 | (1.15) | 7.60 | |
| ETCHX | Eventide Healthcare Life | 1.29 | 1 per month | 0.94 | 0.13 | 3.25 | (1.81) | 6.86 | |
| FHCCX | Fidelity Advisor Health | (1.08) | 1 per month | 0.64 | 0.04 | 1.73 | (1.11) | 5.12 | |
| ETAHX | Eventide Healthcare Life | 0.00 | 0 per month | 0.74 | 0.18 | 3.27 | (1.61) | 5.64 | |
| RAGHX | Allianzgi Health Sciences | 0.00 | 0 per month | 0.51 | 0.09 | 2.02 | (1.05) | 4.39 | |
| LYFAX | Alphacentric Lifesci Healthcare | (5.16) | 2 per month | 0.77 | 0.11 | 2.00 | (1.56) | 5.01 |
Other Forecasting Options for Davenport Value
For every potential investor in Davenport, whether a beginner or expert, Davenport Value's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Davenport Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Davenport. Basic forecasting techniques help filter out the noise by identifying Davenport Value's price trends.Davenport Value Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Davenport Value mutual fund to make a market-neutral strategy. Peer analysis of Davenport Value could also be used in its relative valuation, which is a method of valuing Davenport Value by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Davenport Value Market Strength Events
Market strength indicators help investors to evaluate how Davenport Value 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 Value shares will generate the highest return on investment. By undertsting and applying Davenport Value mutual fund market strength indicators, traders can identify Davenport Value Income entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 20.35 | |||
| Day Typical Price | 20.35 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.06) |
Davenport Value Risk Indicators
The analysis of Davenport Value's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Davenport Value's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting davenport mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5964 | |||
| Semi Deviation | 0.4552 | |||
| Standard Deviation | 0.8509 | |||
| Variance | 0.7241 | |||
| Downside Variance | 0.4145 | |||
| Semi Variance | 0.2072 | |||
| Expected Short fall | (0.73) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Davenport Value
The number of cover stories for Davenport Value depends on current market conditions and Davenport Value's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Davenport Value is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Davenport Value's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Other Information on Investing in Davenport Mutual Fund
Davenport Value financial ratios help investors to determine whether Davenport 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 Davenport with respect to the benefits of owning Davenport Value security.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |