Delaware Reit Correlations
| DPRSX Fund | USD 12.18 0.05 0.41% |
The current 90-days correlation between Delaware Reit and Nexpoint Real Estate is -0.01 (i.e., Good 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 Reit Correlation With Market
Average diversification
The correlation between Delaware Reit Fund and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delaware Reit Fund and DJI in the same portfolio, assuming nothing else is changed.
Delaware |
Moving together with Delaware Mutual Fund
| 0.86 | OASVX | Optimum Small Mid | PairCorr |
| 0.95 | IMAAX | Ivy Apollo Multi | PairCorr |
| 0.8 | OCFIX | Optimum Fixed Income | PairCorr |
| 0.92 | WASAX | Ivy Asset Strategy | PairCorr |
| 0.75 | WSGAX | Ivy Small Cap | PairCorr |
| 0.88 | OCLVX | Optimum Large Cap | PairCorr |
| 0.83 | OCLGX | Optimum Large Cap | PairCorr |
| 0.87 | OCSVX | Optimum Small Mid | PairCorr |
| 0.73 | WSTAX | Ivy Science And | PairCorr |
| 0.64 | CXHYX | Delaware National High | PairCorr |
| 0.9 | WCEAX | Ivy E Equity | PairCorr |
| 0.62 | FTNYX | Delaware Tax Free | PairCorr |
| 0.76 | DLHIX | Delaware Healthcare | PairCorr |
| 0.75 | DLHCX | Delaware Healthcare | PairCorr |
| 0.76 | DLHAX | Delaware Healthcare | PairCorr |
| 0.77 | DLRHX | Delaware Healthcare | PairCorr |
| 0.69 | DMTFX | Delaware Tax Free | PairCorr |
| 0.68 | VAZIX | Delaware Tax Free | PairCorr |
| 0.91 | IRSAX | Ivy Advantus Real | PairCorr |
| 0.77 | OIFIX | Optimum Fixed Income | PairCorr |
| 0.73 | OILGX | Optimum Large Cap | PairCorr |
| 0.88 | OILVX | Optimum Large Cap | PairCorr |
| 0.76 | DPCFX | Delaware Diversified | PairCorr |
| 0.73 | DPDFX | Delaware Diversified | PairCorr |
| 0.73 | DPFFX | Delaware Diversified | PairCorr |
Moving against Delaware Mutual Fund
Related Correlations Analysis
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NRSAX | 0.24 | (0.04) | 0.00 | (0.59) | 0.00 | 0.44 | 3.04 | |||
| TIREX | 0.88 | (0.12) | 0.00 | (0.18) | 0.00 | 1.45 | 5.42 | |||
| BREUX | 0.89 | (0.01) | 0.00 | (0.45) | 0.00 | 1.64 | 7.09 | |||
| TRRSX | 0.88 | (0.12) | 0.00 | (0.18) | 0.00 | 1.51 | 5.50 | |||
| VUVAF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FORFX | 0.07 | 0.03 | 0.00 | 11.07 | 0.00 | 0.11 | 0.32 | |||
| PJEAX | 0.86 | (0.10) | 0.00 | (0.13) | 0.00 | 1.57 | 5.60 |