Davis Appreciation One Year Return vs. Price To Book
| DCSYX Fund | USD 65.64 0.16 0.24% |
For Davis Appreciation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Davis Appreciation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Davis Appreciation Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Davis Appreciation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Davis Appreciation Income over time as well as its relative position and ranking within its peers.
Davis |
Davis Appreciation Income Price To Book vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Davis Appreciation's current stock value. Our valuation model uses many indicators to compare Davis Appreciation value to that of its competitors to determine the firm's financial worth. Davis Appreciation Income is one of the top funds in one year return among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.07 of Price To Book per One Year Return. The ratio of One Year Return to Price To Book for Davis Appreciation Income is roughly 14.35 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Davis Appreciation's earnings, one of the primary drivers of an investment's value.Davis Price To Book vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Davis Appreciation |
| = | 28.56 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Davis Appreciation |
| = | 1.99 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Davis Price To Book Comparison
Davis Appreciation is currently under evaluation in price to book among similar funds.
Davis Appreciation Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Davis Appreciation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Davis Appreciation will eventually generate negative long term returns. The profitability progress is the general direction of Davis Appreciation's change in net profit over the period of time. It can combine multiple indicators of Davis Appreciation, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The funds investment adviser uses the Davis Investment Discipline to invest Davis Appreciation Income Funds assets in a balanced portfolio of common stock, convertible securities, preferred stock and bonds. It may also hold cash. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in securities issued by either domestic or foreign companies.
Davis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Davis Appreciation. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Davis Appreciation position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Davis Appreciation's important profitability drivers and their relationship over time.
Use Davis Appreciation in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Davis Appreciation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Davis Appreciation will appreciate offsetting losses from the drop in the long position's value.Davis Appreciation Pair Trading
Davis Appreciation Income Pair Trading Analysis
The ability to find closely correlated positions to Davis Appreciation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Davis Appreciation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Davis Appreciation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Davis Appreciation Income to buy it.
The correlation of Davis Appreciation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Davis Appreciation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Davis Appreciation Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Davis Appreciation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Davis Appreciation position
In addition to having Davis Appreciation in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 222 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Most Shorted Equities Theme or any other thematic opportunities.
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Other Information on Investing in Davis Mutual Fund
To fully project Davis Appreciation's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Davis Appreciation Income at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Davis Appreciation's income statement, its balance sheet, and the statement of cash flows.
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