Davenport Small Cap Fund Market Value

DSCPX Fund  USD 16.45  0.08  0.48%   
Davenport Small's market value is the price at which a share of Davenport Small trades on a public exchange. It measures the collective expectations of Davenport Small Cap investors about its performance. Davenport Small is trading at 16.45 as of the 26th of March 2025; that is 0.48 percent decrease since the beginning of the trading day. The fund's open price was 16.53.
With this module, you can estimate the performance of a buy and hold strategy of Davenport Small Cap and determine expected loss or profit from investing in Davenport Small over a given investment horizon. Check out Davenport Small Correlation, Davenport Small Volatility and Davenport Small Alpha and Beta module to complement your research on Davenport Small.
Symbol

Please note, there is a significant difference between Davenport Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Davenport Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davenport Small'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 Small '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 Small'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 Small.
0.00
12/26/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/26/2025
0.00
If you would invest  0.00  in Davenport Small on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding Davenport Small Cap or generate 0.0% return on investment in Davenport Small over 90 days. Davenport Small is related to or competes with Mfs Diversified, Delaware Limited-term, Blackrock Conservative, Global Diversified, Eaton Vance, Stone Ridge, and Oppenheimer International. Under normal circumstances, at least 80 percent of the funds net assets will be invested in common stocks of small capit... More

Davenport Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.

Davenport Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Davenport Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Davenport Small's standard deviation. In reality, there are many statistical measures that can use Davenport Small historical prices to predict the future Davenport Small's volatility.
Hype
Prediction
LowEstimatedHigh
15.3516.4417.53
Details
Intrinsic
Valuation
LowRealHigh
15.4816.5717.66
Details
Naive
Forecast
LowNextHigh
15.8716.9618.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.6316.4617.28
Details

Davenport Small Cap Backtested Returns

Davenport Small Cap secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the fund had a -0.12 % return per unit of risk over the last 3 months. Davenport Small Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Davenport Small's Mean Deviation of 0.8864, variance of 1.32, and Standard Deviation of 1.15 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.0, which means a somewhat significant risk relative to the market. Davenport Small returns are very sensitive to returns on the market. As the market goes up or down, Davenport Small is expected to follow.

Auto-correlation

    
  -0.67  

Very good reverse predictability

Davenport Small Cap has very good reverse predictability. Overlapping area represents the amount of predictability between Davenport Small time series from 26th of December 2024 to 9th of February 2025 and 9th of February 2025 to 26th 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 Small Cap price movement. The serial correlation of -0.67 indicates that around 67.0% of current Davenport Small price fluctuation can be explain by its past prices.
Correlation Coefficient-0.67
Spearman Rank Test-0.41
Residual Average0.0
Price Variance0.57
Davenport ReturnsDavenport Lagged ReturnsDiversified AwayDavenport ReturnsDavenport Lagged ReturnsDiversified Away100%

Davenport Small Cap lagged returns against current returns

Autocorrelation, which is Davenport Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Davenport Small returns to help us make a trade decision. For example, suppose you find that Davenport Small 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 15Feb 20Feb 25MarMar 07Mar 12Mar 17Mar 22-12%-10%-8%-6%-4%-2%0%2% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Davenport Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Davenport Small 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 Small mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 15Feb 20Feb 25MarMar 07Mar 12Mar 17Mar 2216.016.517.017.518.0
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Davenport Small Lagged Returns

When evaluating Davenport Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Davenport Small mutual fund have on its future price. Davenport Small 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 Small autocorrelation shows the relationship between Davenport Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Davenport Small Cap.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar16.016.517.017.518.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Davenport Mutual Fund

Davenport Small 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 Small security.
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