Delaware Floating Rate Fund Manager Performance Evaluation
| DDFCX Fund | USD 7.79 0.02 0.26% |
The fund shows a Beta (market volatility) of 0.0309, which means not very significant fluctuations relative to the market. As returns on the market increase, Delaware Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delaware Floating is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Delaware Floating Rate has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Delaware Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of November 2022 |
Delaware |
Delaware Floating Relative Risk vs. Return Landscape
If you would invest 788.00 in Delaware Floating Rate on January 14, 2025 and sell it today you would lose (9.00) from holding Delaware Floating Rate or give up 1.14% of portfolio value over 90 days. Delaware Floating Rate is currently producing negative expected returns and takes up 0.1866% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Delaware, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Delaware Floating Current Valuation
Fairly Valued
Today
Please note that Delaware Floating's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Delaware Floating Rate shows a prevailing Real Value of $7.77 per share. The current price of the fund is $7.79. We determine the value of Delaware Floating Rate from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Delaware Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Delaware Mutual Fund. However, Delaware Floating's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.79 | Real 7.77 | Hype 7.79 |
The intrinsic value of Delaware Floating's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Delaware Floating's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Delaware Floating Rate helps investors to forecast how Delaware mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Delaware Floating more accurately as focusing exclusively on Delaware Floating's fundamentals will not take into account other important factors: Delaware Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delaware Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Delaware Floating Rate, and traders can use it to determine the average amount a Delaware Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0968
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DDFCX |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Delaware Floating is not performing at its full potential. However, 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 Floating by adding Delaware Floating to a well-diversified portfolio.
Delaware Floating Fundamentals Growth
Delaware Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Delaware Floating, and Delaware Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Delaware Mutual Fund performance.
| Total Asset | 12.74 M | ||||
About Delaware Floating Performance
Evaluating Delaware Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Delaware Floating has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Delaware Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in floating rate loans and other floating rate debt securities . The manager will determine how much of the funds assets to allocate among the different types of securities in which the fund may invest based on its evaluation of economic and market conditions and its assessment of the returns and potential for appreciation that can be achieved from various sectors of the fixed income market.Things to note about Delaware Floating Rate performance evaluation
Checking the ongoing alerts about Delaware Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Delaware Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Delaware Floating generated a negative expected return over the last 90 days | |
| The fund retains about 7.63% of its assets under management (AUM) in cash |
- Analyzing Delaware Floating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Delaware Floating's stock is overvalued or undervalued compared to its peers.
- Examining Delaware Floating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Delaware Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Delaware Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Delaware Floating's mutual fund. These opinions can provide insight into Delaware Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Delaware Mutual Fund
Delaware Floating 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 Floating security.
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