Delaware Dividend Incme Fund Market Value
| DDIAX Fund | USD 15.84 0.01 0.06% |
| Symbol | Delaware |
Delaware Dividend 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Delaware Dividend's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Delaware Dividend.
| 05/08/2023 |
| 11/28/2024 |
If you would invest 0.00 in Delaware Dividend on May 8, 2023 and sell it all today you would earn a total of 0.00 from holding Delaware Dividend Incme or generate 0.0% return on investment in Delaware Dividend over 570 days. Delaware Dividend is related to or competes with Dodge Cox, Rbc Global, Touchstone International, Dreyfus/standish, and Small Cap. Under normal circumstances, at least 50 percent of the funds total assets will be invested in income-generating equity s... More
Delaware Dividend Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Delaware Dividend's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Delaware Dividend Incme upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.45 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 1.93 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 0.6605 |
Delaware Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delaware Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delaware Dividend's standard deviation. In reality, there are many statistical measures that can use Delaware Dividend historical prices to predict the future Delaware Dividend's volatility.| Risk Adjusted Performance | 0.0605 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 0.0593 |
Delaware Dividend Incme Backtested Returns
At this stage we consider Delaware Mutual Fund to be very steady. Delaware Dividend Incme secures Sharpe Ratio (or Efficiency) of 0.0805, which denotes the fund had a 0.0805% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Delaware Dividend Incme, which you can use to evaluate the volatility of the entity. Please confirm Delaware Dividend's Mean Deviation of 0.3356, coefficient of variation of 1123.05, and Downside Deviation of 0.45 to check if the risk estimate we provide is consistent with the expected return of 0.0354%. The fund shows a Beta (market volatility) of 0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, Delaware Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delaware Dividend is expected to be smaller as well.
Auto-correlation | 0.62 |
Good predictability
Delaware Dividend Incme has good predictability. Overlapping area represents the amount of predictability between Delaware Dividend time series from 8th of May 2023 to 17th of February 2024 and 17th of February 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Delaware Dividend Incme price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Delaware Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Delaware Dividend Incme lagged returns against current returns
Autocorrelation, which is Delaware Dividend mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Delaware Dividend's mutual fund expected returns. We can calculate the autocorrelation of Delaware Dividend returns to help us make a trade decision. For example, suppose you find that Delaware Dividend has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Delaware Dividend regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Delaware Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delaware Dividend mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delaware Dividend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Delaware Dividend Lagged Returns
When evaluating Delaware Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delaware Dividend mutual fund have on its future price. Delaware Dividend autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Delaware Dividend autocorrelation shows the relationship between Delaware Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Delaware Dividend Incme.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Delaware Mutual Fund
Delaware Dividend 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 Dividend security.
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