Delaware Healthcare Fund Probability of Future Mutual Fund Price Finishing Under 28.21
| DLRHX Fund | USD 23.96 0.04 0.17% |
Delaware |
Delaware Healthcare Target Price Odds to finish below 28.21
The tendency of Delaware Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 28.21 after 90 days |
| 23.96 | 90 days | 28.21 | about 63.99 |
Based on a normal probability distribution, the odds of Delaware Healthcare to stay under $ 28.21 after 90 days from now is about 63.99 (This Delaware Healthcare Fund probability density function shows the probability of Delaware Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Delaware Healthcare price to stay between its current price of $ 23.96 and $ 28.21 at the end of the 90-day period is about 63.83 .
Assuming the 90 days horizon Delaware Healthcare has a beta of 0.76 suggesting as returns on the market go up, Delaware Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Delaware Healthcare Fund will be expected to be much smaller as well. Additionally Delaware Healthcare Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Delaware Healthcare Price Density |
| Price |
Predictive Modules for Delaware Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delaware Healthcare. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Delaware Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Delaware Healthcare is not an exception. The market had few large corrections towards the Delaware Healthcare's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Delaware Healthcare Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Delaware Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 1.40 | |
Ir | Information ratio | -0.23 |
Delaware Healthcare Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Delaware Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Delaware Healthcare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Delaware Healthcare generated a negative expected return over the last 90 days | |
| The fund retains 95.6% of its assets under management (AUM) in equities |
Delaware Healthcare Technical Analysis
Delaware Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Delaware Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Delaware Healthcare Fund. In general, you should focus on analyzing Delaware Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Delaware Healthcare Predictive Forecast Models
Delaware Healthcare's time-series forecasting models is one of many Delaware Healthcare's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Delaware Healthcare's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Delaware Healthcare
Checking the ongoing alerts about Delaware Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Delaware Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Delaware Healthcare generated a negative expected return over the last 90 days | |
| The fund retains 95.6% of its assets under management (AUM) in equities |
Other Information on Investing in Delaware Mutual Fund
Delaware Healthcare financial ratios help investors to determine whether Delaware 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 Delaware with respect to the benefits of owning Delaware Healthcare security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |