Delaware Dividend Correlations
| XDDFXDelisted Fund | USD 8.42 0.00 0.00% |
The current 90-days correlation between Delaware Dividend Incm and Commonwealth Global Fund is -0.03 (i.e., Good diversification). The correlation of Delaware Dividend 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 Dividend Correlation With Market
Good diversification
The correlation between Delaware Dividend Incm and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delaware Dividend Incm and DJI in the same portfolio, assuming nothing else is changed.
Delaware |
Moving against Delaware Mutual Fund
| 0.69 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.66 | WMT | Walmart Aggressive Push | PairCorr |
| 0.59 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.57 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.5 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.49 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.49 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.49 | VITSX | Vanguard Total Stock | PairCorr |
| 0.49 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.49 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.49 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.46 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.46 | VFINX | Vanguard 500 Index | PairCorr |
| 0.46 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.45 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.4 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.38 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.34 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Related Correlations Analysis
| 0.38 | 0.39 | 0.4 | 0.42 | 0.42 | CNGLX | ||
| 0.38 | 0.91 | 0.91 | 0.95 | 0.88 | LIOTX | ||
| 0.39 | 0.91 | 0.98 | 0.95 | 0.99 | TGVVX | ||
| 0.4 | 0.91 | 0.98 | 0.97 | 0.96 | VOLMX | ||
| 0.42 | 0.95 | 0.95 | 0.97 | 0.92 | ABVCX | ||
| 0.42 | 0.88 | 0.99 | 0.96 | 0.92 | NQQQX | ||
| 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 Dividend 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 Dividend'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CNGLX | 0.54 | (0.10) | (0.15) | (0.01) | 0.77 | 1.04 | 3.68 | |||
| LIOTX | 0.64 | 0.06 | 0.03 | 0.21 | 0.70 | 1.25 | 3.54 | |||
| TGVVX | 0.72 | 0.00 | 0.00 | 0.12 | 1.04 | 1.47 | 4.86 | |||
| VOLMX | 0.61 | 0.00 | 0.00 | 0.12 | 0.59 | 1.14 | 4.49 | |||
| ABVCX | 0.54 | 0.04 | 0.04 | 0.16 | 0.27 | 1.09 | 3.88 | |||
| NQQQX | 0.77 | (0.03) | (0.02) | 0.09 | 1.11 | 1.55 | 5.13 |
Delaware Dividend Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Delaware Dividend mutual fund to make a market-neutral strategy. Peer analysis of Delaware Dividend could also be used in its relative valuation, which is a method of valuing Delaware Dividend by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Delaware Dividend Incm?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.