Delaware Healthcare Price To Earning vs. Ten Year Return
| DLHIX Fund | USD 24.23 0.02 0.08% |
For Delaware Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Delaware Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Delaware Healthcare Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Delaware Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Delaware Healthcare Fund over time as well as its relative position and ranking within its peers.
Delaware |
Delaware Healthcare Ten Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Delaware Healthcare's current stock value. Our valuation model uses many indicators to compare Delaware Healthcare value to that of its competitors to determine the firm's financial worth. Delaware Healthcare Fund is one of the top funds in price to earning among similar funds. It also is one of the top funds in ten year return among similar funds reporting about 0.86 of Ten Year Return per Price To Earning. The ratio of Price To Earning to Ten Year Return for Delaware Healthcare Fund is roughly 1.16 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Delaware Healthcare's earnings, one of the primary drivers of an investment's value.Delaware Ten Year Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Delaware Healthcare |
| = | 20.20 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Delaware Healthcare |
| = | 17.39 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Delaware Ten Year Return Comparison
Delaware Healthcare is currently under evaluation in ten year return among similar funds.
Delaware Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Delaware Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Delaware Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Delaware Healthcare's change in net profit over the period of time. It can combine multiple indicators of Delaware Healthcare, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal circumstances, the fund will invest at least 80 percent of its assets, plus the amount of any borrowings for investment purposes, in the equity securities of healthcare companies, meaning companies that develop, produce, or distribute products or services related to the healthcare or medical industries and derive a substantial portion, that is, more than 50, of their sales from products and services in the healthcare industry . It is non-diversified.
Delaware Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Delaware Healthcare. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Delaware Healthcare position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Delaware Healthcare's important profitability drivers and their relationship over time.
Use Delaware Healthcare in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delaware Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delaware Healthcare will appreciate offsetting losses from the drop in the long position's value.Delaware Healthcare Pair Trading
Delaware Healthcare Fund Pair Trading Analysis
The ability to find closely correlated positions to Delaware Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delaware Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delaware Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delaware Healthcare Fund to buy it.
The correlation of Delaware Healthcare 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delaware Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delaware Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delaware Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Delaware Healthcare position
In addition to having Delaware Healthcare in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Delaware Mutual Fund
To fully project Delaware Healthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Delaware Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Delaware Healthcare's income statement, its balance sheet, and the statement of cash flows.
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