Davenport E Fund Price on September 25, 2024
| DAVPX Fund | USD 37.62 0.10 0.27% |
Below is the normalized historical share price chart for Davenport E Fund extending back to February 13, 1998. 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 Davenport stands at 37.62, as last reported on the 11th of December 2024, with the highest price reaching 37.62 and the lowest price hitting 37.62 during the day.
If you're considering investing in Davenport Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Davenport Mutual Fund to be very steady. Davenport E Fund secures Sharpe Ratio (or Efficiency) of 0.0933, which denotes the fund had a 0.0933% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Davenport E Fund, which you can use to evaluate the volatility of the entity. Please confirm Davenport's Downside Deviation of 0.8363, coefficient of variation of 697.82, and Mean Deviation of 0.5313 to check if the risk estimate we provide is consistent with the expected return of 0.068%.
Davenport Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davenport |
Sharpe Ratio = 0.0933
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | DAVPX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Davenport is performing at about 7% 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 Davenport by adding it to a well-diversified portfolio.
Davenport Valuation on September 25, 2024
It is possible to determine the worth of Davenport on a given historical date. On September 25, 2024 Davenport was worth 36.59 at the beginning of the trading date compared to the closed value of 36.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davenport mutual fund. Still, in general, we apply an absolute valuation method to find Davenport'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 Davenport where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davenport's related companies.
| Open | High | Low | Close | Volume | |
| 36.67 | 36.67 | 36.67 | 36.67 | 1.00 | |
09/25/2024 | 36.59 | 36.59 | 36.59 | 36.59 | 1.00 |
| 36.77 | 36.77 | 36.77 | 36.77 | 1.00 |
| Backtest Davenport | | | Davenport History | | | Davenport Valuation | Previous | Next |
Davenport Trading Date Momentum on September 25, 2024
| On September 26 2024 Davenport E Fund was traded for 36.77 at the closing time. The highest daily price throughout the period was 36.77 and the lowest price was 36.77 . There was no trading activity during the period 1.0. Lack of trading volume on 09/26/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.49% . The overall trading delta to current closing price is 0.49% . |
Davenport E Fund Fundamentals Correlations and Trends
By evaluating Davenport'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 Davenport's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Davenport financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Davenport Mutual Fund history
Davenport 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 Davenport is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Davenport E Fund 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 Davenport stock prices may prove useful in developing a viable investing in Davenport
Under normal circumstances, the fund will invest at least 80 percent of its net assets in common stocks. The advisor will generally invest in common stocks of market-leading companies that show strong capital appreciation potential, have strong and focused management, solid balance sheets and a history of proven results. It may invest up to 30 percent of its net assets in common stocks of foreign issuers when, in the Advisors opinion, such investments would be advantageous to the fund and help the fund achieve its investment objective.
Davenport Mutual Fund Technical Analysis
Davenport technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Davenport Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Davenport E Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Davenport December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Davenport mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Davenport shares will generate the highest return on investment. By undertsting and applying Davenport mutual fund market strength indicators, traders can identify Davenport E Fund entry and exit signals to maximize returns
Davenport Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davenport's price direction in advance. Along with the technical and fundamental analysis of Davenport Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Davenport 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 | 0.1037 | |||
| Jensen Alpha | 0.0169 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.139 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Davenport Mutual Fund
Davenport financial ratios help investors to determine whether Davenport Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Davenport with respect to the benefits of owning Davenport security.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |