Delaware Extended Duration Fund Manager Performance Evaluation
| DEECX Fund | USD 14.49 0.06 0.42% |
The fund shows a Beta (market volatility) of -0.0557, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Delaware Extended are expected to decrease at a much lower rate. During the bear market, Delaware Extended is likely to outperform the market.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Delaware Extended Duration has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Delaware Extended 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 | |
| Expense Ratio | 1.5700 |
Delaware |
Delaware Extended Relative Risk vs. Return Landscape
If you would invest 1,467 in Delaware Extended Duration on August 31, 2024 and sell it today you would lose (18.00) from holding Delaware Extended Duration or give up 1.23% of portfolio value over 90 days. Delaware Extended Duration is currently producing negative expected returns and takes up 0.6334% volatility of returns over 90 trading days. Put another way, 5% 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 Extended Current Valuation
Fairly Valued
Today
Please note that Delaware Extended's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Delaware Extended shows a prevailing Real Value of $14.53 per share. The current price of the fund is $14.49. We determine the value of Delaware Extended 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 Extended is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Delaware Mutual Fund. However, Delaware Extended'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 14.49 | Real 14.53 | Hype 14.49 | Naive 14.5 |
The intrinsic value of Delaware Extended'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 Extended'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 Extended Duration 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 Extended more accurately as focusing exclusively on Delaware Extended's fundamentals will not take into account other important factors: Delaware Extended Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delaware Extended's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Delaware Extended Duration, and traders can use it to determine the average amount a Delaware Extended'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 = -0.0278
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DEECX |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Delaware Extended 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 Extended by adding Delaware Extended to a well-diversified portfolio.
Delaware Extended Fundamentals Growth
Delaware Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Delaware Extended, and Delaware Extended 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.
| Price To Earning | 35.47 X | |||
| Total Asset | 3.89 M | |||
About Delaware Extended Performance
Evaluating Delaware Extended's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Delaware Extended 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 Extended 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.
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in corporate bonds . It may also invest up to 20 percent of its net assets in high yield corporate bonds . In addition, the fund may invest up to 40 percent of its total assets in foreign securities, but the funds total non-U.S.-dollar currency exposure will be limited, in the aggregate, to no more than 25 percent of net assets.Things to note about Delaware Extended performance evaluation
Checking the ongoing alerts about Delaware Extended for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Delaware Extended help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Delaware Extended generated a negative expected return over the last 90 days | |
| Delaware Extended generated five year return of -2.0% | |
| This fund retains about 94.68% of its assets under management (AUM) in fixed income securities |
- Analyzing Delaware Extended'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 Extended's stock is overvalued or undervalued compared to its peers.
- Examining Delaware Extended'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 Extended's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Delaware Extended's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Delaware Extended's mutual fund. These opinions can provide insight into Delaware Extended's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Delaware Mutual Fund
Delaware Extended 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 Extended security.
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