Davis Opportunity Fund Market Value
| RPEAX Fund | USD 40.58 0.19 0.47% |
| Symbol | Davis |
Davis Opportunity 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Davis Opportunity's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Davis Opportunity.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Davis Opportunity on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Davis Opportunity or generate 0.0% return on investment in Davis Opportunity over 90 days. Davis Opportunity is related to or competes with Davis International, Davis International, Davis International, Davis Financial, Davis Appreciation, Davis Real, and Davis Opportunity. The funds investment adviser uses the Davis Investment Discipline to invest Davis Opportunity Funds portfolio principall... More
Davis Opportunity Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Davis Opportunity's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Davis Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9477 | |||
| Information Ratio | 0.077 | |||
| Maximum Drawdown | 5.47 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 2.12 |
Davis Opportunity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Davis Opportunity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Davis Opportunity's standard deviation. In reality, there are many statistical measures that can use Davis Opportunity historical prices to predict the future Davis Opportunity's volatility.| Risk Adjusted Performance | 0.2044 | |||
| Jensen Alpha | 0.2175 | |||
| Total Risk Alpha | 0.0679 | |||
| Sortino Ratio | 0.081 | |||
| Treynor Ratio | (2.74) |
Davis Opportunity Backtested Returns
Davis Opportunity appears to be very steady, given 3 months investment horizon. Davis Opportunity secures Sharpe Ratio (or Efficiency) of 0.29, which denotes the fund had a 0.29 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Davis Opportunity, which you can use to evaluate the volatility of the entity. Please utilize Davis Opportunity's Downside Deviation of 0.9477, coefficient of variation of 458.34, and Mean Deviation of 0.6974 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of -0.0759, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Davis Opportunity are expected to decrease at a much lower rate. During the bear market, Davis Opportunity is likely to outperform the market.
Auto-correlation | 0.86 |
Very good predictability
Davis Opportunity has very good predictability. Overlapping area represents the amount of predictability between Davis Opportunity time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Davis Opportunity price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Davis Opportunity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Davis Opportunity lagged returns against current returns
Autocorrelation, which is Davis Opportunity mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Davis Opportunity's mutual fund expected returns. We can calculate the autocorrelation of Davis Opportunity returns to help us make a trade decision. For example, suppose you find that Davis Opportunity has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Davis Opportunity regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Davis Opportunity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Davis Opportunity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Davis Opportunity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Davis Opportunity Lagged Returns
When evaluating Davis Opportunity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Davis Opportunity mutual fund have on its future price. Davis Opportunity autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Davis Opportunity autocorrelation shows the relationship between Davis Opportunity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Davis Opportunity.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Davis Mutual Fund
Davis Opportunity 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 Opportunity security.
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