Davis Select Financial Statements From 2010 to 2024
| DWLD Etf | USD 37.96 0.43 1.12% |
Check Davis Select financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Davis Select's main balance sheet or income statement drivers, such as , as well as many indicators such as . Davis financial statements analysis is a perfect complement when working with Davis Select Valuation or Volatility modules.
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Davis Select Worldwide ETF Beta Analysis
Davis Select's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Davis Select Beta | 0.97 |
Most of Davis Select's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Davis Select Worldwide is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Davis Select Worldwide has a Beta of 0.97. This is much higher than that of the Davis ETFs family and significantly higher than that of the Global Large-Stock Blend category. The beta for all United States etfs is notably lower than that of the firm.
About Davis Select Financial Statements
Davis Select stakeholders use historical fundamental indicators, such as Davis Select's revenue or net income, to determine how well the company is positioned to perform in the future. Although Davis Select investors may analyze each financial statement separately, they are all interrelated. For example, changes in Davis Select's assets and liabilities are reflected in the revenues and expenses on Davis Select's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Davis Select Worldwide. Please read more on our technical analysis and fundamental analysis pages.
The funds investment adviser, uses the Davis Investment Discipline to invest the funds portfolio principally in common stocks issued by both United States and foreign companies, including countries with developed or emerging markets. Davis Select is traded on BATS Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Davis Select Worldwide is a strong investment it is important to analyze Davis Select's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Davis Select's future performance. For an informed investment choice regarding Davis Etf, refer to the following important reports:Check out the analysis of Davis Select Correlation against competitors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Davis Select Worldwide 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.