Delaware Diversified Income Fund Market Value
| DPDFX Fund | USD 7.68 0.02 0.26% |
| Symbol | Delaware |
Delaware Diversified '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 Diversified'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 Diversified.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Delaware Diversified on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Delaware Diversified Income or generate 0.0% return on investment in Delaware Diversified over 30 days. Delaware Diversified is related to or competes with Pimco Income, HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, High-yield Municipal, and Via Renewables. The fund invests in the following four sectors of the fixed income securities markets the U.S More
Delaware Diversified 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 Diversified'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 Diversified Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.3942 |
Delaware Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delaware Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delaware Diversified's standard deviation. In reality, there are many statistical measures that can use Delaware Diversified historical prices to predict the future Delaware Diversified's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3524 |
Delaware Diversified Backtested Returns
Delaware Diversified secures Sharpe Ratio (or Efficiency) of -0.011, which denotes the fund had a -0.011% return per unit of risk over the last 3 months. Delaware Diversified Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Delaware Diversified's Standard Deviation of 0.3179, variance of 0.1011, and Mean Deviation of 0.2268 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0605, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Delaware Diversified are expected to decrease at a much lower rate. During the bear market, Delaware Diversified is likely to outperform the market.
Auto-correlation | 0.24 |
Weak predictability
Delaware Diversified Income has weak predictability. Overlapping area represents the amount of predictability between Delaware Diversified time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Diversified price movement. The serial correlation of 0.24 indicates that over 24.0% of current Delaware Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Delaware Diversified lagged returns against current returns
Autocorrelation, which is Delaware Diversified 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 Diversified's mutual fund expected returns. We can calculate the autocorrelation of Delaware Diversified returns to help us make a trade decision. For example, suppose you find that Delaware Diversified 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 Diversified 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 Diversified mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delaware Diversified 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 Diversified mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Delaware Diversified Lagged Returns
When evaluating Delaware Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delaware Diversified mutual fund have on its future price. Delaware Diversified 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 Diversified autocorrelation shows the relationship between Delaware Diversified mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Delaware Diversified Income.
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 Diversified 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 Diversified security.
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