Davis Global Fund Market Value
| DGFAX Fund | USD 28.58 0.25 0.88% |
| Symbol | Davis |
Davis Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Davis Global's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Davis Global.
| 01/08/2025 |
| 02/07/2025 |
If you would invest 0.00 in Davis Global on January 8, 2025 and sell it all today you would earn a total of 0.00 from holding Davis Global Fund or generate 0.0% return on investment in Davis Global over 30 days. Davis Global is related to or competes with Tiaa Cref, American Funds, Putnman Retirement, Calvert Moderate, Transamerica Cleartrack, and Hartford Moderate. , the funds investment adviser, uses the Davis Investment Discipline to invest Davis Global Funds portfolio principally ... More
Davis Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Davis Global's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Davis Global Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 12.74 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.27 |
Davis Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Davis Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Davis Global's standard deviation. In reality, there are many statistical measures that can use Davis Global historical prices to predict the future Davis Global's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.32) |
Davis Global Backtested Returns
Davis Global secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the fund had a -0.11 % return per unit of risk over the last 3 months. Davis Global Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Davis Global's Variance of 2.73, mean deviation of 0.8617, and Standard Deviation of 1.65 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.59, which means possible diversification benefits within a given portfolio. As returns on the market increase, Davis Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Davis Global is expected to be smaller as well.
Auto-correlation | 0.05 |
Virtually no predictability
Davis Global Fund has virtually no predictability. Overlapping area represents the amount of predictability between Davis Global time series from 8th of January 2025 to 23rd of January 2025 and 23rd of January 2025 to 7th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Davis Global price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Davis Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Davis Global lagged returns against current returns
Autocorrelation, which is Davis Global mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Davis Global's mutual fund expected returns. We can calculate the autocorrelation of Davis Global returns to help us make a trade decision. For example, suppose you find that Davis Global has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Davis Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Davis Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Davis Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Davis Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Davis Global Lagged Returns
When evaluating Davis Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Davis Global mutual fund have on its future price. Davis Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Davis Global autocorrelation shows the relationship between Davis Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Davis Global Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Davis Mutual Fund
Davis Global 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 Global security.
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