Davis New York Fund Price on November 12, 2024

NYVCX Fund  USD 24.09  0.09  0.37%   
Below is the normalized historical share price chart for Davis New York extending back to November 27, 1995. 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 New stands at 24.09, as last reported on the 12th of December 2024, with the highest price reaching 24.09 and the lowest price hitting 24.09 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Davis Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Davis Mutual Fund to be very steady. Davis New York secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Davis New York, which you can use to evaluate the volatility of the entity. Please confirm Davis New's Downside Deviation of 0.8227, coefficient of variation of 562.33, and Mean Deviation of 0.6274 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Davis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1592

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashNYVCXAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.9
  actual daily
8
92% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Davis New is performing at about 12% 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 New by adding it to a well-diversified portfolio.

Davis New Valuation on November 12, 2024

It is possible to determine the worth of Davis New on a given historical date. On November 12, 2024 Davis was worth 23.96 at the beginning of the trading date compared to the closed value of 23.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davis New mutual fund. Still, in general, we apply an absolute valuation method to find Davis New'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 New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davis New's related companies.
 Open High Low Close Volume
  24.18    24.18    24.18    24.18    1.00  
11/12/2024
  23.96    23.96    23.96    23.96    1.00  
  23.95    23.95    23.95    23.95    1.00  
Backtest Davis New  |  Davis New History  |  Davis New Valuation   PreviousNext  
Open Value
23.96
23.96
Closing Value
26.67
Upside

Davis New Trading Date Momentum on November 12, 2024

On November 13 2024 Davis New York was traded for  23.95  at the closing time. The highest daily price throughout the period was 23.95  and the lowest price was  23.95 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.04% . The overall trading delta to current closing price is 0.04% .

Davis New York Fundamentals Correlations and Trends

By evaluating Davis New'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 New'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 New Mutual Fund history

Davis New 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 New York 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 New stock prices may prove useful in developing a viable investing in Davis New
Davis Selected Advisers, L.P. , the funds investment adviser, uses the Davis Investment Discipline to invest the funds portfolio principally in common stocks issued by large companies with market capitalizations of at least 10 billion. Historically, the fund has invested a significant portion of its assets in financial services companies and in foreign companies, and may also invest in mid- and small- capitalization companies.

Davis New Mutual Fund Technical Analysis

Davis New 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.
A focus of Davis New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Davis New trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Davis New Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Davis New York 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.

Davis New December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Davis New 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 Davis New shares will generate the highest return on investment. By undertsting and applying Davis New mutual fund market strength indicators, traders can identify Davis New York entry and exit signals to maximize returns

Davis New Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Davis New's price direction in advance. Along with the technical and fundamental analysis of Davis Mutual Fund 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.

Other Information on Investing in Davis Mutual Fund

Davis New financial ratios help investors to determine whether Davis 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 Davis with respect to the benefits of owning Davis New security.
Transaction History
View history of all your transactions and understand their impact on performance
CEOs Directory
Screen CEOs from public companies around the world
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity