Davis Government Bond Fund Price on December 6, 2024
| RFBAX Fund | USD 5.10 0.01 0.20% |
Below is the normalized historical share price chart for Davis Government Bond extending back to December 08, 1994. 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 Government stands at 5.10, as last reported on the 14th of December 2024, with the highest price reaching 5.10 and the lowest price hitting 5.10 during the day.
If you're considering investing in Davis Mutual Fund, it is important to understand the factors that can impact its price. Davis Government Bond secures Sharpe Ratio (or Efficiency) of -0.0522, which denotes the fund had a -0.0522% return per unit of risk over the last 3 months. Davis Government Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Davis Government's Variance of 0.013, mean deviation of 0.0633, and Standard Deviation of 0.114 to check the risk estimate we provide.
Davis Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davis |
Sharpe Ratio = -0.0522
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Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Davis Government is not performing at its full potential. However, 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 Government by adding Davis Government to a well-diversified portfolio.
Davis Government Valuation on December 6, 2024
It is possible to determine the worth of Davis Government on a given historical date. On December 6, 2024 Davis was worth 5.11 at the beginning of the trading date compared to the closed value of 5.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davis Government mutual fund. Still, in general, we apply an absolute valuation method to find Davis Government'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 Government where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davis Government's related companies.
| Open | High | Low | Close | Volume | |
| 5.11 | 5.11 | 5.11 | 5.11 | 1.00 | |
12/06/2024 | 5.11 | 5.11 | 5.11 | 5.11 | 1.00 |
| 5.11 | 5.11 | 5.11 | 5.11 | 1.00 |
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Davis Government Trading Date Momentum on December 6, 2024
| On December 09 2024 Davis Government Bond was traded for 5.11 at the closing time. The highest daily price throughout the period was 5.11 and the lowest price was 5.11 . There was no trading activity during the period 1.0. Lack of trading volume on 12/09/2024 did not affect price variability. The overall trading delta to current closing price is 0.20% . |
Davis Government Bond Fundamentals Correlations and Trends
By evaluating Davis Government'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 Government'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 Government Mutual Fund history
Davis Government 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 Government Bond 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 Government stock prices may prove useful in developing a viable investing in Davis Government
The fund invests exclusively in U.S. Treasury securities, U.S. government agency securities, U.S. government agency mortgage securities , and repurchase agreements collateralized by U.S. government securities. Under normal circumstances, the funds portfolio will maintain a weighted average maturity of three years or less.
Davis Government Mutual Fund Technical Analysis
Davis Government 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
Davis Government Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Davis Government Bond 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 Government December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Davis Government 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 Government shares will generate the highest return on investment. By undertsting and applying Davis Government mutual fund market strength indicators, traders can identify Davis Government Bond entry and exit signals to maximize returns
Davis Government Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davis Government'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.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.83) |
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Other Information on Investing in Davis Mutual Fund
Davis Government 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 Government security.
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