Dnp Select Financial Statements From 2010 to 2024
| DNP Fund | USD 9.61 0.02 0.21% |
Market Capitalization 4 B |
Check Dnp Select financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dnp Select's main balance sheet or income statement drivers, such as , as well as many indicators such as . Dnp financial statements analysis is a perfect complement when working with Dnp Select Valuation or Volatility modules.
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Dnp Select Income Fund Beta Analysis
Dnp Select's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Dnp Select Beta | 0.49 |
Most of Dnp Select's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dnp Select Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Dnp Select Income has a Beta of 0.49. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
Dnp Select Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dnp Select's current stock value. Our valuation model uses many indicators to compare Dnp Select value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dnp Select competition to find correlations between indicators driving Dnp Select's intrinsic value. More Info.Dnp Select Income is rated below average in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Dnp Select Income is roughly 8.74 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Dnp Select by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Dnp Select Financial Statements
Dnp Select shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Dnp Select investors may analyze each financial statement separately, they are all interrelated. The changes in Dnp Select's assets and liabilities, for example, are also reflected in the revenues and expenses on on Dnp Select's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff Phelps Investment Management Co. It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds. It seeks to invest in stocks of companies operating in the Utility sector. The fund invests in stocks of companies across all market capitalizations. It benchmarks the performance of its portfolio against the SP 500 Utilities Index and Barclays Capital U.S. Utility Bond Index. DNP Select Income Fund Inc. was formed on November 26, 1986 and is domiciled in the United States.
Pair Trading with Dnp Select
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dnp Select position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dnp Select will appreciate offsetting losses from the drop in the long position's value.Moving together with Dnp Fund
Moving against Dnp Fund
The ability to find closely correlated positions to Dnp Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dnp Select when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dnp Select - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dnp Select Income to buy it.
The correlation of Dnp Select is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dnp Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dnp Select Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dnp Select can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Dnp Fund
Dnp Select financial ratios help investors to determine whether Dnp 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 Dnp with respect to the benefits of owning Dnp Select security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |