Davis Opportunity Year To Date Return vs. Cash Position Weight
| RPEAX Fund | USD 45.50 0.51 1.11% |
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 Cash Position Weight vs. Year To Date Return 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 third largest fund in year to date return among similar funds. It is rated below average in cash position weight among similar funds creating about 0.17 of Cash Position Weight per Year To Date Return. The ratio of Year To Date Return to Cash Position Weight for Davis Opportunity is roughly 5.72 . 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 Cash Position Weight vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Davis Opportunity |
| = | 20.55 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Davis Opportunity |
| = | 3.59 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Davis Cash Position Weight Comparison
Davis Opportunity is currently under evaluation in cash position weight 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?
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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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