Davenport Insider Buying Fund Market Value

DBUYX Fund   10.82  0.10  0.93%   
Davenport Insider's market value is the price at which a share of Davenport Insider trades on a public exchange. It measures the collective expectations of Davenport Insider Buying investors about its performance. Davenport Insider is trading at 10.82 as of the 2nd of March 2025; that is 0.93 percent increase since the beginning of the trading day. The fund's open price was 10.72.
With this module, you can estimate the performance of a buy and hold strategy of Davenport Insider Buying and determine expected loss or profit from investing in Davenport Insider over a given investment horizon. Check out Davenport Insider Correlation, Davenport Insider Volatility and Davenport Insider Alpha and Beta module to complement your research on Davenport Insider.
Symbol

Please note, there is a significant difference between Davenport Insider's value and its price as these two are different measures arrived at by different means. Investors typically determine if Davenport Insider is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davenport Insider'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.

Davenport Insider 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Davenport Insider's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Davenport Insider.
0.00
09/09/2023
No Change 0.00  0.0 
In 1 year 5 months and 25 days
03/02/2025
0.00
If you would invest  0.00  in Davenport Insider on September 9, 2023 and sell it all today you would earn a total of 0.00 from holding Davenport Insider Buying or generate 0.0% return on investment in Davenport Insider over 540 days. Davenport Insider is related to or competes with Davenport Small, Davenport Core, Davenport Balanced, Davenport Value, and Davenport Equity. Under normal circumstances, the fund will generally invest in common stocks of companies that show strong capital apprec... More

Davenport Insider Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Davenport Insider's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Davenport Insider Buying upside and downside potential and time the market with a certain degree of confidence.

Davenport Insider Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Davenport Insider's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Davenport Insider's standard deviation. In reality, there are many statistical measures that can use Davenport Insider historical prices to predict the future Davenport Insider's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Davenport Insider's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.0710.8211.57
Details
Intrinsic
Valuation
LowRealHigh
10.1610.9111.66
Details
Naive
Forecast
LowNextHigh
10.2410.9911.74
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.6511.1111.57
Details

Davenport Insider Buying Backtested Returns

Davenport Insider Buying 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. Davenport Insider Buying exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Davenport Insider's Standard Deviation of 0.7557, mean deviation of 0.5553, and Variance of 0.5711 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.57, which means possible diversification benefits within a given portfolio. As returns on the market increase, Davenport Insider's returns are expected to increase less than the market. However, during the bear market, the loss of holding Davenport Insider is expected to be smaller as well.

Auto-correlation

    
  0.58  

Modest predictability

Davenport Insider Buying has modest predictability. Overlapping area represents the amount of predictability between Davenport Insider time series from 9th of September 2023 to 5th of June 2024 and 5th of June 2024 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Davenport Insider Buying price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Davenport Insider price fluctuation can be explain by its past prices.
Correlation Coefficient0.58
Spearman Rank Test0.59
Residual Average0.0
Price Variance0.12

Davenport Insider Buying lagged returns against current returns

Autocorrelation, which is Davenport Insider mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Davenport Insider's mutual fund expected returns. We can calculate the autocorrelation of Davenport Insider returns to help us make a trade decision. For example, suppose you find that Davenport Insider has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Davenport Insider regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Davenport Insider mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Davenport Insider mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Davenport Insider mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Davenport Insider Lagged Returns

When evaluating Davenport Insider's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Davenport Insider mutual fund have on its future price. Davenport Insider autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Davenport Insider autocorrelation shows the relationship between Davenport Insider mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Davenport Insider Buying.
   Regressed Prices   
       Timeline  

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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.

Other Information on Investing in Davenport Mutual Fund

Davenport Insider 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 Insider security.
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