Davis New York Fund Price on February 10, 2023
NYVBX Fund | USD 19.39 0.16 0.83% |
If you're considering investing in Davis Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Davis New stands at 19.39, as last reported on the 28th of February, with the highest price reaching 19.39 and the lowest price hitting 19.39 during the day. Davis New York secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the fund had a -0.12 % return per unit of risk over the last 3 months. Davis New York exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Davis New's Mean Deviation of 0.8559, standard deviation of 2.02, and Variance of 4.06 to check the risk estimate we provide.
Davis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davis |
Sharpe Ratio = -0.1203
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Estimated Market Risk
2.02 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Davis New is not performing at its full potential. However, 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 Davis New by adding Davis New to a well-diversified portfolio.
Davis New Valuation on February 10, 2023
It is possible to determine the worth of Davis New on a given historical date. On February 10, 2023 Davis was worth 18.95 at the beginning of the trading date compared to the closed value of 18.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davis New mutual fund. Still, in general, we apply an absolute valuation method to find Davis New'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 Davis New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davis New's related companies.
Open | High | Low | Close | Volume | |
02/10/2023 | 18.95 | 18.95 | 18.95 | 18.95 | 1.00 |
19.17 | 19.17 | 19.17 | 19.17 | 1.00 |
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Davis New Trading Date Momentum on February 10, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Davis New York Fundamentals Correlations and Trends
By evaluating Davis New'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 Davis New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Davis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Davis New Mutual Fund history
Davis New 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 Davis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Davis New York 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 Davis New stock prices may prove useful in developing a viable investing in Davis New
, the funds investment adviser, uses the Davis Investment Discipline to invest Davis New York Venture Funds portfolio principally in common stocks issued by large companies with market capitalizations of at least 10 billion. Davis New is traded on NASDAQ Exchange in the United States.
Davis New Mutual Fund Technical Analysis
Davis New 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
Davis New Period Price Range
Low | February 28, 2025
| High |
0.00 | 0.00 |
Davis New York 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.
Davis New February 28, 2025 Market Strength
Market strength indicators help investors to evaluate how Davis New 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 Davis New shares will generate the highest return on investment. By undertsting and applying Davis New mutual fund market strength indicators, traders can identify Davis New York entry and exit signals to maximize returns
Davis New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davis New's price direction in advance. Along with the technical and fundamental analysis of Davis Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Davis 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 | (0.08) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (1.58) |
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Volume Indicators |
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.
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |