Davis Real Estate Fund Price on September 3, 2024
| RPFRX Fund | USD 46.60 0.30 0.65% |
Below is the normalized historical share price chart for Davis Real Estate extending back to November 09, 1994. 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 Real stands at 46.60, as last reported on the 29th of November, with the highest price reaching 46.60 and the lowest price hitting 46.60 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 Real Estate secures Sharpe Ratio (or Efficiency) of 0.0529, which denotes the fund had a 0.0529% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Davis Real Estate, which you can use to evaluate the volatility of the entity. Please confirm Davis Real's Mean Deviation of 0.7013, coefficient of variation of 1931.83, and Downside Deviation of 0.8778 to check if the risk estimate we provide is consistent with the expected return of 0.0454%.
Davis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davis |
Sharpe Ratio = 0.0529
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RPFRX |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Davis Real is performing at about 4% 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 Real by adding it to a well-diversified portfolio.
Davis Real Valuation on September 3, 2024
It is possible to determine the worth of Davis Real on a given historical date. On September 3, 2024 Davis was worth 45.39 at the beginning of the trading date compared to the closed value of 45.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davis Real mutual fund. Still, in general, we apply an absolute valuation method to find Davis Real'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 Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davis Real's related companies.
| Open | High | Low | Close | Volume | |
| 45.49 | 45.49 | 45.49 | 45.49 | 1.00 | |
09/03/2024 | 45.39 | 45.39 | 45.39 | 45.39 | 1.00 |
| 45.40 | 45.40 | 45.40 | 45.40 | 1.00 |
| Backtest Davis Real | | | Davis Real History | | | Davis Real Valuation | Previous | Next |
Davis Real Trading Date Momentum on September 3, 2024
| On September 04 2024 Davis Real Estate was traded for 45.40 at the closing time. The highest daily price throughout the period was 45.40 and the lowest price was 45.40 . There was no trading activity during the period 1.0. Lack of trading volume on 09/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.02% . The overall trading delta to current closing price is 3.30% . |
Davis Real Estate Fundamentals Correlations and Trends
By evaluating Davis Real'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 Real'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 Real Mutual Fund history
Davis Real 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 Real Estate 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 Real stock prices may prove useful in developing a viable investing in Davis Real
The funds investment adviser uses the Davis Investment Discipline to invest at least 80 percent of the funds net assets, plus any borrowing for investment purposes, in securities issued by companies principally engaged in the real estate industry. The fund invests principally in common stocks of domestic companies and may invest in foreign companies .
Davis Real Mutual Fund Technical Analysis
Davis Real 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 Real Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Davis Real Estate 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 Real November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Davis Real 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 Real shares will generate the highest return on investment. By undertsting and applying Davis Real mutual fund market strength indicators, traders can identify Davis Real Estate entry and exit signals to maximize returns
Davis Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davis Real'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 | 0.0407 | |||
| Jensen Alpha | 0.0068 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.144 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Davis Mutual Fund
Davis Real 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 Real security.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |