Delaware Reit Correlations
| DPRSX Fund | USD 12.52 0.04 0.32% |
The current 90-days correlation between Delaware Reit and Calvert High Yield is 0.32 (i.e., Weak diversification). The correlation of Delaware Reit 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Delaware |
Moving together with Delaware Mutual Fund
| 0.73 | RIRAX | Capital Income Builder | PairCorr |
| 0.7 | RIREX | Capital Income Builder | PairCorr |
| 0.71 | RIRCX | Capital Income Builder | PairCorr |
| 0.69 | RIRFX | Capital Income Builder | PairCorr |
| 0.73 | CIRCX | Capital Income Builder | PairCorr |
| 0.71 | CIREX | Capital Income Builder | PairCorr |
| 0.73 | RIRBX | Capital Income Builder | PairCorr |
| 0.69 | CAIFX | Capital Income Builder | PairCorr |
| 0.69 | CIRFX | Capital Income Builder | PairCorr |
| 0.7 | CIRAX | Capital Income Builder | PairCorr |
| 0.72 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.66 | PFE | Pfizer Inc Aggressive Push | PairCorr |
Moving against Delaware Mutual Fund
| 0.58 | FSRBX | Banking Portfolio Banking | PairCorr |
| 0.66 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.44 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.38 | TEGYX | Mid Cap Growth | PairCorr |
| 0.37 | WMT | Walmart Aggressive Push | PairCorr |
| 0.35 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.35 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Related Correlations Analysis
| 0.4 | 0.61 | 0.62 | 0.52 | 0.62 | CYBAX | ||
| 0.4 | -0.13 | -0.18 | 0.85 | -0.03 | VWALX | ||
| 0.61 | -0.13 | 0.97 | -0.05 | 0.96 | CDCRX | ||
| 0.62 | -0.18 | 0.97 | -0.08 | 0.95 | LBETX | ||
| 0.52 | 0.85 | -0.05 | -0.08 | 0.03 | RHMYX | ||
| 0.62 | -0.03 | 0.96 | 0.95 | 0.03 | AGTFX | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Delaware Mutual Fund performing well and Delaware Reit Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Delaware Reit's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CYBAX | 0.10 | 0.01 | (0.87) | (2.35) | 0.00 | 0.24 | 0.73 | |||
| VWALX | 0.16 | 0.00 | (0.27) | 0.08 | 0.25 | 0.37 | 1.68 | |||
| CDCRX | 0.57 | (0.03) | (0.06) | 0.08 | 0.69 | 1.07 | 3.61 | |||
| LBETX | 0.22 | (0.01) | (0.22) | 0.10 | 0.22 | 0.45 | 1.42 | |||
| RHMYX | 0.24 | 0.04 | (0.20) | (0.14) | 0.34 | 0.53 | 1.98 | |||
| AGTFX | 0.51 | (0.04) | (0.10) | 0.07 | 0.61 | 1.15 | 3.06 |