(DWLD) Davis Select Worldwide - Ratings and Ratios

The Davis Select Worldwide ETF (BATS:DWLD) is an actively managed exchange-traded fund that employs the Davis Investment Discipline to construct a diversified portfolio of common stocks issued by companies globally, including those with significant presence in foreign markets. The funds investment strategy focuses on companies that derive substantial revenue or have significant assets outside the United States, providing investors with exposure to a broad range of international markets.

By investing in both U.S. and foreign companies, DWLD offers a blend of global large-cap stocks, making it a suitable option for investors seeking to diversify their portfolios across different geographic regions. The funds holdings include companies with developed or emerging market exposure, potentially providing a growth component to the portfolio.

Analyzing the , we observe that the ETF is currently trading at $38.39, above its SMA20 ($36.83) and SMA50 ($37.32), indicating a short-term uptrend. The SMA200 ($36.61) is also below the current price, suggesting a longer-term bullish trend. The ATR (0.95 = 2.49%) indicates moderate volatility. Given the current technical setup, a potential forecast is that DWLD may continue its upward momentum, potentially reaching the 52W High of $39.55, especially if the global large-cap stocks continue to perform well.

Considering the , the AUM of $399.83M USD suggests a reasonable level of investor interest in the fund. Combining this with the technical analysis, we can infer that DWLD has the potential to attract more investors if its investment strategy continues to yield positive results. The funds diversified portfolio and global exposure position it favorably for long-term growth, assuming the global economy continues to recover or maintain stability.

Forecasting further, if the global economy experiences a positive trend, with emerging and developed markets showing resilience, DWLD is likely to benefit due to its diversified holdings. A potential target could be a 5-10% increase in the next quarter, driven by continued investor confidence in global large-cap stocks and the funds investment strategy. However, any significant downturn in global markets could negatively impact DWLDs performance.