Davis Appreciation Income Fund Quote
| DCSCX Fund | USD 58.52 0.48 0.83% |
Performance13 of 100
| Odds Of DistressLess than 17
|
Davis Appreciation is trading at 58.52 as of the 23rd of April 2024; that is 0.83 percent increase since the beginning of the trading day. The fund's open price was 58.04. Davis Appreciation has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Davis Appreciation Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The funds investment adviser uses the Davis Investment Discipline to invest Davis Appreciation Income Funds assets in a balanced portfolio of common stock, convertible securities, preferred stock and bonds. It may also hold cash. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in securities issued by either domestic or foreign companies.. More on Davis Appreciation Income
Moving together with Davis Mutual Fund
| 0.93 | DILCX | Davis International | PairCorr |
| 0.93 | DILAX | Davis International Steady Growth | PairCorr |
| 0.93 | DILYX | Davis International Steady Growth | PairCorr |
| 0.95 | RPFGX | Davis Financial Steady Growth | PairCorr |
| 1.0 | RPFCX | Davis Appreciation | PairCorr |
| 0.98 | RPEAX | Davis Opportunity | PairCorr |
Davis Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Davis Appreciation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Davis Appreciation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Davis Funds, Large Value Funds, Allocation--70% to 85% Equity Funds, Allocation--70% to 85% Equity, Davis Funds, Large Value, Allocation--70% to 85% Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Davis Appreciation Income [DCSCX] is traded in USA and was established 23rd of April 2024. Davis Appreciation is listed under Davis Funds category by Fama And French industry classification. The fund is listed under Allocation--70% to 85% Equity category and is part of Davis Funds family. This fund currently has accumulated 202.04 M in assets under management (AUM) with no minimum investment requirementsDavis Appreciation is currently producing year-to-date (YTD) return of 7.06% with the current yeild of 0.01%, while the total return for the last 3 years was 5.68%.
Check Davis Appreciation Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Davis Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Davis Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Davis Appreciation Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Davis Appreciation Income Mutual Fund Constituents
| APA | APA Corporation | Stock | Energy |
| AXP | American Express | Stock | Financials |
| GOOG | Alphabet Inc Class C | Stock | Communication Services |
| WFC | Wells Fargo | Stock | Financials |
| VTRS | Viatris | Stock | Health Care |
| USB | US Bancorp | Stock | Financials |
| TXN | Texas Instruments Incorporated | Stock | Information Technology |
Davis Appreciation Target Price Odds Analysis
Based on a normal probability distribution, the odds of Davis Appreciation jumping above the current price in 90 days from now is about 19.1%. The Davis Appreciation Income probability density function shows the probability of Davis Appreciation mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Davis Appreciation has a beta of 0.7885 suggesting as returns on the market go up, Davis Appreciation average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Davis Appreciation Income will be expected to be much smaller as well. Additionally, davis Appreciation Income has an alpha of 0.0439, implying that it can generate a 0.0439 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Davis Appreciation to move above the current price in 90 days from now is about 19.1 (This Davis Appreciation Income probability density function shows the probability of Davis Mutual Fund to fall within a particular range of prices over 90 days) .
Davis Appreciation Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Davis Appreciation market risk premium is the additional return an investor will receive from holding Davis Appreciation long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Davis Appreciation. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Davis Appreciation's alpha and beta are two of the key measurements used to evaluate Davis Appreciation's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.452 | |||
| Semi Deviation | 0.3758 | |||
| Standard Deviation | 0.5736 | |||
| Variance | 0.329 |
Davis Appreciation Against Markets
Picking the right benchmark for Davis Appreciation mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Davis Appreciation mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Davis Appreciation is critical whether you are bullish or bearish towards Davis Appreciation Income at a given time. Please also check how Davis Appreciation's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Davis Appreciation without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Davis Mutual Fund?
Before investing in Davis Appreciation, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Davis Appreciation. To buy Davis Appreciation fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Davis Appreciation. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Davis Appreciation fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Davis Appreciation Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Davis Appreciation Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Davis Appreciation Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Davis Appreciation Income?
The danger of trading Davis Appreciation Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Davis Appreciation is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Davis Appreciation. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Davis Appreciation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Appreciation Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Davis Appreciation information on this page should be used as a complementary analysis to other Davis Appreciation's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.