Davis Opportunity Price To Book vs. Annual Yield
| RPEAX Fund | USD 46.85 0.12 0.26% |
For Davis Opportunity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Davis Opportunity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Davis Opportunity utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Davis Opportunity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Davis Opportunity over time as well as its relative position and ranking within its peers.
Davis |
Davis Opportunity Annual Yield vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Davis Opportunity's current stock value. Our valuation model uses many indicators to compare Davis Opportunity value to that of its competitors to determine the firm's financial worth. Davis Opportunity is rated top fund in price to book among similar funds. It also is rated top fund in annual yield among similar funds . The ratio of Price To Book to Annual Yield for Davis Opportunity is about 201.63 . 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 Opportunity's earnings, one of the primary drivers of an investment's value.Davis Annual Yield vs. Price To Book
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 Opportunity |
| = | 2.48 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.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Davis Opportunity |
| = | 0.01 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Davis Annual Yield Comparison
Davis Opportunity is currently under evaluation in annual yield among similar funds.
Davis Opportunity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Davis Opportunity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Davis Opportunity will eventually generate negative long term returns. The profitability progress is the general direction of Davis Opportunity's change in net profit over the period of time. It can combine multiple indicators of Davis Opportunity, 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 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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Davis Opportunity. 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 Opportunity 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 Opportunity's important profitability drivers and their relationship over time.
Use Davis Opportunity 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 Opportunity 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 Opportunity will appreciate offsetting losses from the drop in the long position's value.Davis Opportunity Pair Trading
Davis Opportunity Pair Trading Analysis
The ability to find closely correlated positions to Davis Opportunity 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 Opportunity 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 Opportunity - 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 Opportunity to buy it.
The correlation of Davis Opportunity 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 Opportunity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Davis Opportunity 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 Opportunity 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 Opportunity position
In addition to having Davis Opportunity 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 Insurance Thematic Idea Now
Insurance
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 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 Insurance Theme or any other thematic opportunities.
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Other Information on Investing in Davis Mutual Fund
To fully project Davis Opportunity's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Davis Opportunity 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 Opportunity's income statement, its balance sheet, and the statement of cash flows.
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