Delaware Value Fund Market Value
| DDVRX Fund | USD 18.90 0.13 0.68% |
| Symbol | Delaware |
Delaware Value '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 Value'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 Value.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in Delaware Value on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding Delaware Value Fund or generate 0.0% return on investment in Delaware Value over 390 days. Delaware Value is related to or competes with Ab Small, Artisan Small, The Hartford, Qs Us, Champlain Small, The Hartford, and Victory Integrity. Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowing... More
Delaware Value 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 Value'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 Value Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.581 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.41 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 1.07 |
Delaware Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delaware Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delaware Value's standard deviation. In reality, there are many statistical measures that can use Delaware Value historical prices to predict the future Delaware Value's volatility.| Risk Adjusted Performance | 0.0905 | |||
| Jensen Alpha | 0.0661 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 2.5 |
Delaware Value Backtested Returns
At this stage we consider Delaware Mutual Fund to be very steady. Delaware Value secures Sharpe Ratio (or Efficiency) of 0.0935, which denotes the fund had a 0.0935% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Delaware Value Fund, which you can use to evaluate the volatility of the entity. Please confirm Delaware Value's Mean Deviation of 0.5336, downside deviation of 0.581, and Coefficient Of Variation of 832.34 to check if the risk estimate we provide is consistent with the expected return of 0.0619%. The fund shows a Beta (market volatility) of 0.0278, which means not very significant fluctuations relative to the market. As returns on the market increase, Delaware Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delaware Value is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
Delaware Value Fund has very good predictability. Overlapping area represents the amount of predictability between Delaware Value time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 Value price movement. The serial correlation of 0.83 indicates that around 83.0% of current Delaware Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Delaware Value lagged returns against current returns
Autocorrelation, which is Delaware Value 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 Value's mutual fund expected returns. We can calculate the autocorrelation of Delaware Value returns to help us make a trade decision. For example, suppose you find that Delaware Value 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 Value 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 Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delaware Value 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 Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Delaware Value Lagged Returns
When evaluating Delaware Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delaware Value mutual fund have on its future price. Delaware Value 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 Value autocorrelation shows the relationship between Delaware Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Delaware Value Fund.
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 Value 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 Value security.
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