Davis Select Equity Etf Price on May 2, 2024
| DUSA Etf | USD 40.37 0.14 0.35% |
Below is the normalized historical share price chart for Davis Select Equity extending back to January 12, 2017. 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 Select stands at 40.37, as last reported on the 18th of May 2024, with the highest price reaching 40.37 and the lowest price hitting 40.25 during the day.
If you're considering investing in Davis Etf, it is important to understand the factors that can impact its price. We consider Davis Select very steady. Davis Select Equity secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Davis Select Equity, which you can use to evaluate the volatility of the entity. Please confirm Davis Select's Downside Deviation of 0.8151, mean deviation of 0.6255, and Coefficient Of Variation of 709.9 to check if the risk estimate we provide is consistent with the expected return of 0.1%.
Davis Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.01 | 200 Day MA 35.4457 | 1 y Volatility 17.22 | 50 Day MA 39.5088 | Inception Date 2017-01-11 |
Davis |
Sharpe Ratio = 0.1308
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| Cash | DUSA | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Davis Select is performing at about 10% 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 Select by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 149.2 K |
Davis Select Valuation on May 2, 2024
It is possible to determine the worth of Davis Select on a given historical date. On May 2, 2024 Davis was worth 38.9 at the beginning of the trading date compared to the closed value of 38.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davis Select etf. Still, in general, we apply an absolute valuation method to find Davis Select'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 Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davis Select's related companies.
| Open | High | Low | Close | Volume | |
| 38.55 | 39.10 | 38.50 | 38.60 | 10,647 | |
05/02/2024 | 38.90 | 39.09 | 38.75 | 38.96 | 83,822 |
| 39.38 | 39.38 | 39.08 | 39.25 | 18,651 |
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Davis Select Trading Date Momentum on May 2, 2024
| On May 03 2024 Davis Select Equity was traded for 39.25 at the closing time. The top price for the day was 39.38 and the lowest listed price was 39.08 . The trading volume for the day was 18.7 K. The trading history from May 3, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.74% . The overall trading delta against the current closing price is 3.18% . |
Davis Select Equity Fundamentals Correlations and Trends
By evaluating Davis Select'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 Select'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 Select Etf history
Davis Select 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 Select Equity 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 Select stock prices may prove useful in developing a viable investing in Davis Select
Under normal market conditions, the fund will invest at least 80 percent of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. companies. Davis Select is traded on BATS Exchange in the United States.
Davis Select Etf Technical Analysis
Davis Select technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Davis Select Period Price Range
Low | May 2, 2024
| High |
38.90 | 38.96 |
Davis Select May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Davis Select etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Davis Select shares will generate the highest return on investment. By undertsting and applying Davis Select etf market strength indicators, traders can identify Davis Select Equity entry and exit signals to maximize returns
Davis Select Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davis Select's price direction in advance. Along with the technical and fundamental analysis of Davis Etf 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 | 0.085 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0119 | |||
| Treynor Ratio | 0.0868 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Select Equity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Davis Select Equity is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Select's value that differs from its market value or its book value, called intrinsic value, which is Davis Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Davis Select's market value can be influenced by many factors that don't directly affect Davis Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Davis Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.