Davenport E Fund Manager Performance Evaluation
| DAVPX Fund | USD 37.23 0.51 1.39% |
The fund shows a Beta (market volatility) of 0.65, which means possible diversification benefits within a given portfolio. As returns on the market increase, Davenport Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Davenport Core is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Davenport E Fund has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Davenport Core is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.8700 |
Davenport |
Davenport Core Relative Risk vs. Return Landscape
If you would invest 3,880 in Davenport E Fund on December 1, 2024 and sell it today you would lose (157.00) from holding Davenport E Fund or give up 4.05% of portfolio value over 90 days. Davenport E Fund is currently producing negative expected returns and takes up 0.8538% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Davenport, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Davenport Core Current Valuation
Fairly Valued
Today
Please note that Davenport Core's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Davenport E Fund shows a prevailing Real Value of $37.25 per share. The current price of the fund is $37.23. We determine the value of Davenport E Fund from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Davenport Core is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Davenport Mutual Fund. However, Davenport Core's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 37.23 | Real 37.25 | Hype 37.23 | Naive 36.7 |
The intrinsic value of Davenport Core's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Davenport Core's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Davenport E Fund helps investors to forecast how Davenport mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Davenport Core more accurately as focusing exclusively on Davenport Core's fundamentals will not take into account other important factors: Davenport Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Davenport Core's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Davenport E Fund, and traders can use it to determine the average amount a Davenport Core's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0751
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DAVPX |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Davenport Core 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 Davenport Core by adding Davenport Core to a well-diversified portfolio.
Davenport Core Fundamentals Growth
Davenport Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Davenport Core, and Davenport Core fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Davenport Mutual Fund performance.
| Price To Earning | 20.42 X | ||||
| Price To Book | 2.36 X | ||||
| Price To Sales | 1.57 X | ||||
| Total Asset | 901.78 M | ||||
About Davenport Core Performance
Evaluating Davenport Core's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Davenport Core has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Davenport Core has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Davenport E Fund performance evaluation
Checking the ongoing alerts about Davenport Core for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Davenport E Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Davenport E Fund generated a negative expected return over the last 90 days | |
| The fund retains 98.5% of its assets under management (AUM) in equities |
- Analyzing Davenport Core's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Davenport Core's stock is overvalued or undervalued compared to its peers.
- Examining Davenport Core's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Davenport Core's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Davenport Core's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Davenport Core's mutual fund. These opinions can provide insight into Davenport Core's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Davenport Mutual Fund
Davenport Core 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 Core security.
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| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |