Davis Select Equity Etf Profile
| DUSA Etf | USD 38.81 0.21 0.54% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Davis Select is trading at 38.81 as of the 18th of April 2024, a 0.54 percent increase since the beginning of the trading day. The etf's open price was 38.6. Davis Select has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Davis Select Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
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. The company has 25.03 M outstanding shares of which 1.16 M shares are currently shorted by private and institutional investors with about 1.1 trading days to cover. More on Davis Select Equity
Moving together with Davis Etf
| 0.98 | VTI | Vanguard Total Stock | PairCorr |
| 0.96 | SPY | SPDR SP 500 | PairCorr |
| 0.98 | IVV | iShares Core SP | PairCorr |
| 0.89 | VIG | Vanguard Dividend | PairCorr |
| 0.96 | VV | Vanguard Large Cap | PairCorr |
| 0.93 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
| 0.98 | IWB | iShares Russell 1000 | PairCorr |
Davis Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Davis Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Davis Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, Davis ETFs, Pharmaceutical Products (View all Sectors) |
| Issuer | Davis Advisors |
| Inception Date | 2017-01-11 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 476.11 Million |
| Average Trading Valume | 35,984.4 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | Davis Selected Advisers, L.P. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Christopher Davis, Danton Goei |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 27.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.61 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | 9.9 |
| Name | Davis Select US Equity |
| Currency Code | USD |
| Open Figi | BBG00FNFQQC8 |
| In Threey Volatility | 19.23 |
| 1y Volatility | 15.27 |
| 200 Day M A | 34.7245 |
| 50 Day M A | 38.9478 |
| Code | DUSA |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.4 |
Davis Select Equity [DUSA] is traded in USA and was established 2017-01-11. The fund is listed under Large Blend category and is part of Davis ETFs family. The entity is thematically classified as Size And Style ETFs. Davis Select Equity currently have 289.75 M in assets under management (AUM). , while the total return for the last 3 years was 5.6%.
Davis Select Equity currently holds about 32.31 M in cash with 8.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29.
Check Davis Select Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Davis Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Davis Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Davis Select Equity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Davis Select Equity Currency Exposure
Davis Select Equity holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Davis Select will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Davis Select Equity.
Top Davis Select Equity Etf Constituents
| GE | GE Aerospace | Stock | Industrials |
| MKL | Markel | Stock | Financials |
| FB | Meta Platforms | Stock | Internet Content & Information |
| WFC | Wells Fargo | Stock | Financials |
| USB | US Bancorp | Stock | Financials |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
| RTX | Raytheon Technologies Corp | Stock | Industrials |
Davis Select Target Price Odds Analysis
What are Davis Select's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Davis Select jumping above the current price in 90 days from now is about 36.03%. The Davis Select Equity probability density function shows the probability of Davis Select etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.0448 suggesting Davis Select Equity market returns are sensitive to returns on the market. As the market goes up or down, Davis Select is expected to follow. Additionally, davis Select Equity has an alpha of 0.0863, implying that it can generate a 0.0863 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Davis Select to move above the current price in 90 days from now is about 36.03 (This Davis Select Equity probability density function shows the probability of Davis Etf to fall within a particular range of prices over 90 days) .
Davis Select Equity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Davis Select market risk premium is the additional return an investor will receive from holding Davis Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Davis Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Davis Select's alpha and beta are two of the key measurements used to evaluate Davis Select's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1035 | |||
| Jensen Alpha | 0.0863 | |||
| Total Risk Alpha | 0.0687 | |||
| Sortino Ratio | 0.11 |
Davis Select Against Markets
Picking the right benchmark for Davis Select etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Davis Select etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Davis Select is critical whether you are bullish or bearish towards Davis Select Equity at a given time. Please also check how Davis Select's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Davis Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Davis Etf?
Before investing in Davis Select, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Davis Select. To buy Davis Select etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Davis Select. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Davis Select etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Davis Select Equity etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Davis Select Equity etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Davis Select Equity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Davis Etf please use our How to Invest in Davis Select guide.
Already Invested in Davis Select Equity?
The danger of trading Davis Select Equity is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Davis Select is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Davis Select. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Davis Select Equity is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Davis Select Equity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Davis Select's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Davis Select Equity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Davis Select Equity Etf: 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.