Davenport Value Price To Earning vs. Year To Date Return
| DVIPX Fund | USD 20.59 0.13 0.63% |
For Davenport Value profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Davenport Value to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Davenport Value Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Davenport Value's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Davenport Value Income over time as well as its relative position and ranking within its peers.
Davenport |
Davenport Value Income Year To Date Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Davenport Value's current stock value. Our valuation model uses many indicators to compare Davenport Value value to that of its competitors to determine the firm's financial worth. Davenport Value Income is one of the top funds in price to earning among similar funds. It also is one of the top funds in year to date return among similar funds creating about 1.04 of Year To Date Return per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Davenport Value's earnings, one of the primary drivers of an investment's value.Davenport Year To Date Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Davenport Value |
| = | 19.25 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Davenport Value |
| = | 20.05 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Davenport Year To Date Return Comparison
Davenport Value is currently under evaluation in year to date return among similar funds.
Davenport Value Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Davenport Value, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Davenport Value will eventually generate negative long term returns. The profitability progress is the general direction of Davenport Value's change in net profit over the period of time. It can combine multiple indicators of Davenport Value, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal circumstances, the fund will invest primarily in common stocks of companies that have established business models, attractive valuations, a history of dividend payment and growth, andor dividend growth potential. The Advisor seeks to identify companies that may be undervalued because they are currently out of favor with the market or temporarily misunderstood by the investment community. The fund may invest up to 20 percent of its net assets in ETFs.
Davenport Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Davenport Value. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Davenport Value position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Davenport Value's important profitability drivers and their relationship over time.
Use Davenport Value in pair-trading
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 Davenport Value 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 Davenport Value will appreciate offsetting losses from the drop in the long position's value.Davenport Value Pair Trading
Davenport Value Income Pair Trading Analysis
The ability to find closely correlated positions to Davenport Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Davenport Value 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 Davenport Value - 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 Davenport Value Income to buy it.
The correlation of Davenport Value 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 Davenport Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Davenport Value 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 Davenport Value 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.Use Investing Themes to Complement your Davenport Value position
In addition to having Davenport Value in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Davenport Mutual Fund
To fully project Davenport Value's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Davenport Value Income at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Davenport Value's income statement, its balance sheet, and the statement of cash flows.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |