Davenport Value Income Fund Price on September 17, 2024
| DVIPX Fund | USD 20.75 0.01 0.05% |
Below is the normalized historical share price chart for Davenport Value Income extending back to December 31, 2010. 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 Value stands at 20.75, as last reported on the 29th of November, with the highest price reaching 20.75 and the lowest price hitting 20.75 during the day.
If you're considering investing in Davenport Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Davenport Mutual Fund to be very steady. Davenport Value Income secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Davenport Value Income, which you can use to evaluate the volatility of the entity. Please confirm Davenport Value's Coefficient Of Variation of 629.92, mean deviation of 0.4596, and Downside Deviation of 0.4966 to check if the risk estimate we provide is consistent with the expected return of 0.0872%.
Davenport Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davenport |
Sharpe Ratio = 0.1554
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Davenport Value is performing at about 12% of its full potential. 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 Value by adding it to a well-diversified portfolio.
Davenport Value Valuation on September 17, 2024
It is possible to determine the worth of Davenport Value on a given historical date. On September 17, 2024 Davenport was worth 19.94 at the beginning of the trading date compared to the closed value of 19.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davenport Value mutual fund. Still, in general, we apply an absolute valuation method to find Davenport Value'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 Value where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davenport Value's related companies.
| Open | High | Low | Close | Volume | |
| 19.97 | 19.97 | 19.97 | 19.97 | 1.00 | |
09/17/2024 | 19.94 | 19.94 | 19.94 | 19.94 | 1.00 |
| 19.90 | 19.90 | 19.90 | 19.90 | 1.00 |
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Davenport Value Trading Date Momentum on September 17, 2024
| On September 18 2024 Davenport Value Income was traded for 19.90 at the closing time. The highest daily price throughout the period was 19.90 and the lowest price was 19.90 . There was no trading activity during the period 1.0. Lack of trading volume on 09/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.20% . The overall trading delta to current closing price is 0.90% . |
Davenport Value Income Fundamentals Correlations and Trends
By evaluating Davenport Value'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 Value'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 Value Mutual Fund history
Davenport Value 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 Value Income 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 Value stock prices may prove useful in developing a viable investing in Davenport Value
Under normal circumstances, the fund will invest primarily in common stocks of companies that have established business models, attractive valuations, a history of dividend payment and growth, andor dividend growth potential. The Advisor seeks to identify companies that may be undervalued because they are currently out of favor with the market or temporarily misunderstood by the investment community. The fund may invest up to 20 percent of its net assets in ETFs.
Davenport Value Mutual Fund Technical Analysis
Davenport Value 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 Value Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Davenport Value Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Davenport Value November 29, 2024 Market Strength
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
Davenport Value Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davenport Value'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 | 0.1181 | |||
| Jensen Alpha | 0.0059 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1246 |
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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.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |