Delaware Emerging Markets Fund Volatility
| DEMAX Fund | USD 33.93 0.06 0.18% |
Delaware Emerging appears to be very steady, given 3 months investment horizon. Delaware Emerging Markets secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the fund had a 0.3 % return per unit of risk over the last 3 months. By reviewing Delaware Emerging's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Delaware Emerging's Mean Deviation of 1.52, downside deviation of 1.76, and Coefficient Of Variation of 332.66 to check if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.3006
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Based on monthly moving average Delaware Emerging is performing at about 23% of its full potential. 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 Emerging by adding it to a well-diversified portfolio.
Key indicators related to Delaware Emerging's volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Delaware Emerging Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Delaware daily returns, and it is calculated using variance and standard deviation. We also use Delaware's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Delaware Emerging volatility.
Delaware |
Downward market volatility can be a perfect environment for investors who play the long game with Delaware Emerging. They may decide to buy additional shares of Delaware Emerging at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Delaware Mutual Fund
| 0.7 | VEMAX | Vanguard Emerging Markets | PairCorr |
| 0.69 | VEIEX | Vanguard Emerging Markets | PairCorr |
| 0.7 | VEMIX | Vanguard Emerging Markets | PairCorr |
| 0.71 | VEMRX | Vanguard Emerging Markets | PairCorr |
| 0.66 | NEWFX | New World Fund | PairCorr |
| 0.67 | NWFFX | New World Fund | PairCorr |
| 0.93 | NEWCX | New World Fund | PairCorr |
| 0.74 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.7 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.7 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.73 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.91 | VTIAX | Vanguard Total Inter | PairCorr |
| 0.74 | VFINX | Vanguard 500 Index | PairCorr |
| 0.74 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.81 | TWN | Taiwan Closed | PairCorr |
| 0.89 | LTEBX | Limited Term Tax | PairCorr |
Moving against Delaware Mutual Fund
Delaware Emerging Market Sensitivity And Downside Risk
Delaware Emerging's beta coefficient measures the volatility of Delaware mutual fund compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Delaware mutual fund's returns against your selected market. In other words, Delaware Emerging's beta of 0.77 provides an investor with an approximation of how much risk Delaware Emerging mutual fund can potentially add to one of your existing portfolios. Delaware Emerging Markets has relatively low volatility with skewness of -0.12 and kurtosis of -0.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Delaware Emerging's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Delaware Emerging's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Delaware Emerging Markets Demand TrendCheck current 90 days Delaware Emerging correlation with market (Dow Jones Industrial)Delaware Emerging Volatility and Downside Risk
Delaware standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Delaware Emerging Markets Mutual Fund Volatility Analysis
Volatility refers to the frequency at which Delaware Emerging fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Delaware Emerging's price changes. Investors will then calculate the volatility of Delaware Emerging's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Delaware Emerging's volatility:
Historical Volatility
This type of fund volatility measures Delaware Emerging's fluctuations based on previous trends. It's commonly used to predict Delaware Emerging's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Delaware Emerging's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Delaware Emerging's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Delaware Emerging Markets Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Delaware Emerging Projected Return Density Against Market
Assuming the 90 days horizon Delaware Emerging has a beta of 0.7693 suggesting as returns on the market go up, Delaware Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Delaware Emerging Markets will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Delaware Emerging or Nomura sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Delaware Emerging's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Delaware fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Delaware Emerging Markets has an alpha of 0.4884, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Delaware Emerging Price Volatility?
Several factors can influence a fund's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Delaware Emerging Mutual Fund Risk Measures
Assuming the 90 days horizon the coefficient of variation of Delaware Emerging is 332.66. The daily returns are distributed with a variance of 3.41 and standard deviation of 1.85. The mean deviation of Delaware Emerging Markets is currently at 1.52. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.74
α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 1.85 | |
Ir | Information ratio | 0.26 |
Delaware Emerging Mutual Fund Return Volatility
Delaware Emerging historical daily return volatility represents how much of Delaware Emerging fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 1.8472% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7171% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Delaware Mutual Fund performing well and Delaware Emerging Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Delaware Emerging's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FZAJX | 0.63 | 0.08 | 0.06 | 0.18 | 0.69 | 1.59 | 3.63 | |||
| BGKEX | 0.82 | 0.03 | 0.02 | 0.10 | 1.11 | 1.77 | 5.69 | |||
| MAPTX | 0.75 | 0.11 | 0.11 | 0.25 | 0.57 | 1.54 | 4.98 | |||
| SWSSX | 1.04 | (0.03) | 0.00 | 0.05 | 1.19 | 1.96 | 5.52 | |||
| FUNYX | 1.08 | 0.33 | 0.42 | 0.27 | 0.29 | 1.43 | 26.29 | |||
| FPIFX | 0.34 | (0.07) | 0.00 | (0.11) | 0.00 | 0.57 | 5.69 | |||
| HGOAX | 0.98 | 0.13 | 0.04 | (4.79) | 1.33 | 2.48 | 9.05 | |||
| HGOSX | 0.98 | 0.01 | 0.02 | 0.08 | 1.33 | 2.48 | 8.26 | |||
| YACKX | 0.67 | 0.30 | 0.40 | 1.03 | 0.00 | 1.05 | 14.17 | |||
| OTCNX | 1.18 | 0.14 | 0.09 | 0.20 | 1.17 | 2.42 | 18.40 |
About Delaware Emerging Volatility
Volatility is a rate at which the price of Delaware Emerging or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Delaware Emerging may increase or decrease. In other words, similar to Delaware's beta indicator, it measures the risk of Delaware Emerging and helps estimate the fluctuations that may happen in a short period of time. So if prices of Delaware Emerging fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.3 ways to utilize Delaware Emerging's volatility to invest better
Higher Delaware Emerging's fund volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Delaware Emerging Markets fund is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Delaware Emerging Markets fund volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Delaware Emerging Markets investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Delaware Emerging's fund can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Delaware Emerging's fund relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Delaware Emerging Investment Opportunity
Delaware Emerging Markets has a volatility of 1.85 and is 2.57 times more volatile than Dow Jones Industrial. 16 percent of all equities and portfolios are less risky than Delaware Emerging. You can use Delaware Emerging Markets to enhance the returns of your portfolios. The mutual fund experiences a normal upward fluctuation. Check odds of Delaware Emerging to be traded at $35.63 in 90 days.Weak diversification
The correlation between Delaware Emerging Markets and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delaware Emerging Markets and DJI in the same portfolio, assuming nothing else is changed.
Delaware Emerging Additional Risk Indicators
The analysis of Delaware Emerging's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Delaware Emerging's investment and either accepting that risk or mitigating it. Along with some common measures of Delaware Emerging mutual fund's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.2293 | |||
| Market Risk Adjusted Performance | 0.7188 | |||
| Mean Deviation | 1.52 | |||
| Semi Deviation | 1.27 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 332.66 | |||
| Standard Deviation | 1.85 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Delaware Emerging Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Delaware Emerging as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Delaware Emerging's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Delaware Emerging's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Delaware Emerging Markets.
Other Information on Investing in Delaware Mutual Fund
Delaware Emerging 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 Emerging security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |