Delaware Tax Free Usa Fund Price on November 25, 2024
| DMUSX Fund | USD 11.24 0.03 0.27% |
Below is the normalized historical share price chart for Delaware Tax Free Usa extending back to August 02, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Delaware Tax-free stands at 11.24, as last reported on the 30th of November, with the highest price reaching 11.24 and the lowest price hitting 11.24 during the day.
If you're considering investing in Delaware Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Delaware Mutual Fund to be very steady. Delaware Tax Free secures Sharpe Ratio (or Efficiency) of 0.0532, which denotes the fund had a 0.0532% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Delaware Tax Free Usa, which you can use to evaluate the volatility of the entity. Please confirm Delaware Tax-free's Downside Deviation of 0.3959, coefficient of variation of 1339.91, and Mean Deviation of 0.1442 to check if the risk estimate we provide is consistent with the expected return of 0.0129%.
Delaware Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Delaware |
Sharpe Ratio = 0.0532
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DMUSX |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Delaware Tax-free is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Delaware Tax-free by adding it to a well-diversified portfolio.
Delaware Tax-free Valuation on November 25, 2024
It is possible to determine the worth of Delaware Tax-free on a given historical date. On November 25, 2024 Delaware was worth 11.18 at the beginning of the trading date compared to the closed value of 11.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Delaware Tax-free mutual fund. Still, in general, we apply an absolute valuation method to find Delaware Tax-free's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Delaware Tax-free where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Delaware Tax-free's related companies.
| Open | High | Low | Close | Volume | |
| 11.15 | 11.15 | 11.15 | 11.15 | 1.00 | |
11/25/2024 | 11.18 | 11.18 | 11.18 | 11.18 | 1.00 |
| 11.19 | 11.19 | 11.19 | 11.19 | 1.00 |
| Backtest Delaware Tax-free | | | Delaware Tax-free History | | | Delaware Tax-free Valuation | Previous | Next |
Delaware Tax-free Trading Date Momentum on November 25, 2024
| On November 26 2024 Delaware Tax Free Usa was traded for 11.19 at the closing time. The highest daily price throughout the period was 11.19 and the lowest price was 11.19 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.09% . The overall trading delta to current closing price is 0.54% . |
Delaware Tax Free Fundamentals Correlations and Trends
By evaluating Delaware Tax-free's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Delaware Tax-free's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Delaware financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Delaware Tax-free Mutual Fund history
Delaware Tax-free investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Delaware is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Delaware Tax Free will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Delaware Tax-free stock prices may prove useful in developing a viable investing in Delaware Tax-free
The fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in securities the income from which is exempt from federal income tax, including the federal alternative minimum tax. It will invest primarily in municipal debt obligations that are issued by state and local governments to raise funds for various public purposes such as hospitals, schools, and general capital expenses.
Delaware Tax-free Mutual Fund Technical Analysis
Delaware Tax-free technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Delaware Tax-free Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Delaware Tax Free Usa cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Delaware Tax-free November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Delaware Tax-free mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delaware Tax-free shares will generate the highest return on investment. By undertsting and applying Delaware Tax-free mutual fund market strength indicators, traders can identify Delaware Tax Free Usa entry and exit signals to maximize returns
Delaware Tax-free Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Delaware Tax-free's price direction in advance. Along with the technical and fundamental analysis of Delaware Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Delaware to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0352 | |||
| Jensen Alpha | 0.0196 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.09) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Delaware Mutual Fund
Delaware Tax-free 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 Tax-free security.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |