Delaware Reit Correlations

DPRCX Fund

USD 12.22 0.04 0.33%

The current 90-days correlation between Delaware Reit and Oppenheimer International Diversified is 0.71 (i.e., Poor diversification). The correlation of Delaware Reit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Delaware Reit Correlation With Market

Good diversification

The correlation between Delaware Reit Fund and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delaware Reit Fund and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delaware Reit Fund. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Delaware Mutual Fund

0.87	IMAAX	Ivy Apollo Multi	Pair Corr
0.82	WASAX	Ivy Asset Strategy	Pair Corr
0.8	OCIEX	Optimum International	Pair Corr
0.7	OCLVX	Optimum Large Cap	Pair Corr
0.73	DLHIX	Delaware Healthcare	Pair Corr
0.73	IPOAX	Ivy Emerging Markets	Pair Corr
0.67	IRSAX	Ivy Advantus Real	Pair Corr
0.8	OIIEX	Optimum International	Pair Corr
0.72	OILVX	Optimum Large Cap	Pair Corr

Related Correlations Analysis

	OIDAX	DIFIX	ACBPX	FZABX	XWDIX	PGBAX	PHTTX	ACDOX
OIDAX		0.83	0.65	0.82	0.65	0.75	0.74	0.7	OIDAX
DIFIX	0.83		0.86	0.78	0.85	0.87	0.61	0.96	DIFIX
ACBPX	0.65	0.86		0.82	0.74	0.96	0.49	0.86	ACBPX
FZABX	0.82	0.78	0.82		0.62	0.9	0.71	0.67	FZABX
XWDIX	0.65	0.85	0.74	0.62		0.77	0.61	0.8	XWDIX
PGBAX	0.75	0.87	0.96	0.9	0.77		0.66	0.82	PGBAX
PHTTX	0.74	0.61	0.49	0.71	0.61	0.66		0.44	PHTTX
ACDOX	0.7	0.96	0.86	0.67	0.8	0.82	0.44		ACDOX
	OIDAX	DIFIX	ACBPX	FZABX	XWDIX	PGBAX	PHTTX	ACDOX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Delaware Mutual Fund performing well and Delaware Reit 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 Reit'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
OIDAX	0.65	0.05	0.12	1.46	0.85	(0.64)	1.42	(1.13)	5.03
DIFIX	0.27	0.03	0.28	1.45	0.21	(0.33)	0.58	(0.41)	1.51
ACBPX	0.24	0.02	0.27	0.34	0.20	(0.30)	0.56	(0.44)	1.23
FZABX	0.74	0.11	0.12	0.10	1.01	(0.73)	1.45	(1.37)	6.16
XWDIX	0.16	0.01	0.25	0.45	0.21	(0.17)	0.27	(0.39)	1.59
PGBAX	0.14	0.01	0.40	0.13	0.07	(0.18)	0.34	(0.25)	0.85
PHTTX	0.35	0.00	0.00	(0.07)	0.00	0.00	0.67	(0.67)	1.95
ACDOX	0.24	0.04	0.38	0.58	0.08	(0.30)	0.55	(0.34)	1.46

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Delaware Reit Correlations

Delaware Reit Correlation With Market

Good diversification

Moving together with Delaware Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY