Delaware National Municipal Fund Market Value
| XVFLX Fund | USD 11.97 0.01 0.08% |
| Symbol | Delaware |
Please note, there is a significant difference between Delaware National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delaware National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delaware National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Delaware National 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Delaware National's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Delaware National.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Delaware National on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Delaware National Municipal or generate 0.0% return on investment in Delaware National over 30 days. Delaware National is related to or competes with T Rowe, Touchstone Sustainability, Ultra-short Fixed, Rbc Funds, Guidemark, Dodge Cox, and Crossmark Steward. Delaware National is entity of United States More
Delaware National Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Delaware National's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Delaware National Municipal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0215 | |||
| Maximum Drawdown | 2.77 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 0.7601 |
Delaware National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delaware National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delaware National's standard deviation. In reality, there are many statistical measures that can use Delaware National historical prices to predict the future Delaware National's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0064 | |||
| Treynor Ratio | (0.07) |
Delaware National Backtested Returns
Delaware National secures Sharpe Ratio (or Efficiency) of -0.0694, which denotes the fund had a -0.0694 % return per unit of risk over the last 3 months. Delaware National Municipal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Delaware National's Standard Deviation of 0.5569, variance of 0.3101, and Mean Deviation of 0.387 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Delaware National's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delaware National is expected to be smaller as well.
Auto-correlation | -0.24 |
Weak reverse predictability
Delaware National Municipal has weak reverse predictability. Overlapping area represents the amount of predictability between Delaware National time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Delaware National price movement. The serial correlation of -0.24 indicates that over 24.0% of current Delaware National price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Delaware National lagged returns against current returns
Autocorrelation, which is Delaware National mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Delaware National's mutual fund expected returns. We can calculate the autocorrelation of Delaware National returns to help us make a trade decision. For example, suppose you find that Delaware National has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Delaware National regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Delaware National mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delaware National mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delaware National mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Delaware National Lagged Returns
When evaluating Delaware National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delaware National mutual fund have on its future price. Delaware National autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Delaware National autocorrelation shows the relationship between Delaware National mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Delaware National Municipal.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Delaware Mutual Fund
Delaware National 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 National security.
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