Davenport Balanced Income Fund Price on October 11, 2024
| DBALX Fund | USD 13.65 0.02 0.15% |
Below is the normalized historical share price chart for Davenport Balanced Income extending back to December 31, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Davenport Balanced stands at 13.65, as last reported on the 14th of November 2024, with the highest price reaching 13.65 and the lowest price hitting 13.65 during the day.
If you're considering investing in Davenport Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Davenport Mutual Fund to be very steady. Davenport Balanced Income secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Davenport Balanced Income, which you can use to evaluate the volatility of the entity. Please confirm Davenport Balanced's Mean Deviation of 0.2881, coefficient of variation of 428.72, and Standard Deviation of 0.3502 to check if the risk estimate we provide is consistent with the expected return of 0.0623%.
Davenport Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Davenport |
Sharpe Ratio = 0.1801
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Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Davenport Balanced is performing at about 14% 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 Davenport Balanced by adding it to a well-diversified portfolio.
Davenport Balanced Valuation on October 11, 2024
It is possible to determine the worth of Davenport Balanced on a given historical date. On October 11, 2024 Davenport was worth 13.58 at the beginning of the trading date compared to the closed value of 13.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davenport Balanced mutual fund. Still, in general, we apply an absolute valuation method to find Davenport Balanced's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Davenport Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davenport Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 13.49 | 13.49 | 13.49 | 13.49 | 1.00 | |
10/11/2024 | 13.58 | 13.58 | 13.58 | 13.58 | 1.00 |
| 13.63 | 13.63 | 13.63 | 13.63 | 1.00 |
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Davenport Balanced Trading Date Momentum on October 11, 2024
| On October 14 2024 Davenport Balanced Income was traded for 13.63 at the closing time. The highest daily price throughout the period was 13.63 and the lowest price was 13.63 . There was no trading activity during the period 1.0. Lack of trading volume on 10/14/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.37% . The overall trading delta to current closing price is 0.22% . |
Davenport Balanced Income Fundamentals Correlations and Trends
By evaluating Davenport Balanced's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Davenport Balanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Davenport financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Davenport Balanced Mutual Fund history
Davenport Balanced investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Davenport is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Davenport Balanced Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Davenport Balanced stock prices may prove useful in developing a viable investing in Davenport Balanced
The fund invests in a diversified portfolio of equity and fixed income securities, including exchange-traded funds that invest in equity and fixed income securities. Under normal market conditions, the fund will target an allocation of no more than 75 percent and no less than 25 percent of its total assets in equity securities and no less than 25 percent of its total assets in fixed income securities.
Davenport Balanced Mutual Fund Technical Analysis
Davenport Balanced technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Davenport Balanced Period Price Range
Low | November 14, 2024
| High |
0.00 | 0.00 |
Davenport Balanced Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Davenport Balanced November 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Davenport Balanced mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Davenport Balanced shares will generate the highest return on investment. By undertsting and applying Davenport Balanced mutual fund market strength indicators, traders can identify Davenport Balanced Income entry and exit signals to maximize returns
Davenport Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davenport Balanced's price direction in advance. Along with the technical and fundamental analysis of Davenport Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Davenport to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1659 | |||
| Jensen Alpha | 0.0733 | |||
| Total Risk Alpha | 0.0051 | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | (6.29) |
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Other Information on Investing in Davenport Mutual Fund
Davenport Balanced 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 Balanced security.
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