Davis New York Fund Manager Performance Evaluation
The fund shows a Beta (market volatility) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Davis New are expected to decrease at a much lower rate. During the bear market, Davis New is likely to outperform the market.
Risk-Adjusted Performance
Fair
Weak | Strong |
Over the last 90 days Davis New York has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Davis New is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of November 2022 | |
| Expense Ratio | 0.6700 |
Davis |
Davis New Relative Risk vs. Return Landscape
If you would invest 2,777 in Davis New York on July 20, 2025 and sell it today you would earn a total of 137.00 from holding Davis New York or generate 4.93% return on investment over 90 days. Davis New York is currently producing 0.0769% returns and takes up 0.7579% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Davis, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Davis New Current Valuation
Undervalued
Today
Please note that Davis New's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Davis New York prevailing Real Value cannot be determined due to lack of data. The current price of Davis New York is $29.14. We determine the value of Davis New York 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 Davis New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Davis Mutual Fund. However, Davis New'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 29.14 | Real 0.0 | Hype 0.0 | Naive 28.88 |
The intrinsic value of Davis New'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 Davis New'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 Davis New York helps investors to forecast how Davis 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 Davis New more accurately as focusing exclusively on Davis New's fundamentals will not take into account other important factors: Davis New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Davis New's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Davis New York, and traders can use it to determine the average amount a Davis New'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 = 0.1015
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| Cash | DNVYX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Davis New is performing at about 8% 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 Fundamentals Growth
Davis Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Davis New, and Davis New 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 Davis Mutual Fund performance.
| Price To Earning | 18.50 X | |||
| Price To Book | 2.12 X | |||
| Price To Sales | 1.79 X | |||
| Total Asset | 1.63 B | |||
About Davis New Performance
Evaluating Davis New's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Davis New 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 Davis New 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.
, the funds investment adviser, uses the Davis Investment Discipline to invest Davis New York Venture Funds portfolio principally in common stocks issued by large companies with market capitalizations of at least 10 billion. Davis New is traded on NASDAQ Exchange in the United States.Things to note about Davis New York performance evaluation
Checking the ongoing alerts about Davis New for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Davis New York help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 6.13% of its assets under management (AUM) in cash |
- Analyzing Davis New'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 Davis New's stock is overvalued or undervalued compared to its peers.
- Examining Davis New'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 Davis New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Davis New's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Davis New's mutual fund. These opinions can provide insight into Davis New's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |