Davis Opportunity Fund Price on November 20, 2024
| RPEAX Fund | USD 46.85 0.12 0.26% |
Below is the normalized historical share price chart for Davis Opportunity extending back to January 26, 1995. 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 Davis Opportunity stands at 46.85, as last reported on the 29th of November, with the highest price reaching 46.85 and the lowest price hitting 46.85 during the day.
If you're considering investing in Davis Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Davis Mutual Fund to be very steady. Davis Opportunity secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Davis Opportunity, which you can use to evaluate the volatility of the entity. Please confirm Davis Opportunity's Coefficient Of Variation of 626.36, mean deviation of 0.7341, and Downside Deviation of 0.9358 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
Davis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davis |
Sharpe Ratio = 0.172
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Davis Opportunity is performing at about 13% 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 Davis Opportunity by adding it to a well-diversified portfolio.
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Davis Opportunity Valuation on November 20, 2024
It is possible to determine the worth of Davis Opportunity on a given historical date. On November 20, 2024 Davis was worth 45.8 at the beginning of the trading date compared to the closed value of 45.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davis Opportunity mutual fund. Still, in general, we apply an absolute valuation method to find Davis Opportunity'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 Opportunity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davis Opportunity's related companies.
| Open | High | Low | Close | Volume | |
| 45.54 | 45.54 | 45.54 | 45.54 | 1.00 | |
11/20/2024 | 45.80 | 45.80 | 45.80 | 45.80 | 1.00 |
| 46.22 | 46.22 | 46.22 | 46.22 | 1.00 |
| Backtest Davis Opportunity | | | Davis Opportunity History | | | Davis Opportunity Valuation | Previous | Next |
Davis Opportunity Trading Date Momentum on November 20, 2024
| On November 21 2024 Davis Opportunity was traded for 46.22 at the closing time. The highest daily price throughout the period was 46.22 and the lowest price was 46.22 . There was no trading activity during the period 1.0. Lack of trading volume on 11/21/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.92% . The overall trading delta to current closing price is 2.29% . |
Davis Opportunity Fundamentals Correlations and Trends
By evaluating Davis Opportunity'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 Opportunity'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 Opportunity Mutual Fund history
Davis Opportunity 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 Opportunity 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 Opportunity stock prices may prove useful in developing a viable investing in Davis Opportunity
The funds investment adviser uses the Davis Investment Discipline to invest Davis Opportunity Funds portfolio principally in common stocks . It may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets.
Davis Opportunity Mutual Fund Technical Analysis
Davis Opportunity 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 Opportunity Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Davis Opportunity 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 Opportunity November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Davis Opportunity 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 Opportunity shares will generate the highest return on investment. By undertsting and applying Davis Opportunity mutual fund market strength indicators, traders can identify Davis Opportunity entry and exit signals to maximize returns
Davis Opportunity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davis Opportunity'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 | 0.1245 | |||
| Jensen Alpha | 0.0189 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0324 | |||
| Treynor Ratio | 0.1326 |
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Other Information on Investing in Davis Mutual Fund
Davis Opportunity 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 Opportunity security.
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