Delaware Limited Term Diversified Fund Market Value
| DLTRX Fund | USD 7.88 0.01 0.13% |
| Symbol | Delaware |
Delaware Limited-term '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 Limited-term'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 Limited-term.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Delaware Limited-term on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Delaware Limited Term Diversified or generate 0.0% return on investment in Delaware Limited-term over 30 days. Delaware Limited-term is related to or competes with Fisher Investments, Balanced Fund, Ultra-short Fixed, Vanguard Equity, Gmo Global, and Doubleline Core. Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowing... More
Delaware Limited-term 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 Limited-term'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 Limited Term Diversified upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1573 | |||
| Information Ratio | (1.13) | |||
| Maximum Drawdown | 0.5092 | |||
| Value At Risk | (0.13) | |||
| Potential Upside | 0.2535 |
Delaware Limited-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delaware Limited-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delaware Limited-term's standard deviation. In reality, there are many statistical measures that can use Delaware Limited-term historical prices to predict the future Delaware Limited-term's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.78) | |||
| Treynor Ratio | (2.02) |
Delaware Limited Term Backtested Returns
At this stage we consider Delaware Mutual Fund to be very steady. Delaware Limited Term secures Sharpe Ratio (or Efficiency) of 0.0566, which denotes the fund had a 0.0566% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Delaware Limited Term Diversified, which you can use to evaluate the volatility of the entity. Please confirm Delaware Limited-term's Standard Deviation of 0.1089, mean deviation of 0.0733, and Coefficient Of Variation of 1399.59 to check if the risk estimate we provide is consistent with the expected return of 0.0061%. The fund shows a Beta (market volatility) of 0.0011, which means not very significant fluctuations relative to the market. As returns on the market increase, Delaware Limited-term's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delaware Limited-term is expected to be smaller as well.
Auto-correlation | -0.07 |
Very weak reverse predictability
Delaware Limited Term Diversified has very weak reverse predictability. Overlapping area represents the amount of predictability between Delaware Limited-term time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 Limited Term price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Delaware Limited-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Delaware Limited Term lagged returns against current returns
Autocorrelation, which is Delaware Limited-term 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 Limited-term's mutual fund expected returns. We can calculate the autocorrelation of Delaware Limited-term returns to help us make a trade decision. For example, suppose you find that Delaware Limited-term 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 Limited-term 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 Limited-term mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delaware Limited-term 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 Limited-term mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Delaware Limited-term Lagged Returns
When evaluating Delaware Limited-term's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delaware Limited-term mutual fund have on its future price. Delaware Limited-term 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 Limited-term autocorrelation shows the relationship between Delaware Limited-term mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Delaware Limited Term Diversified.
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 Limited-term 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 Limited-term security.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |