Delaware Value Correlations

Mutual Funds . USA . 
Fund . Delaware Value Fund
DDVRX Fund  USD 14.01  0.02  0.14%   
The current 90-days correlation between Delaware Value and Scharf Global Opportunity is 0.76 (i.e., Poor diversification). The correlation of Delaware Value 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 Value Correlation With Market

Very good diversification

The correlation between Delaware Value Fund and DJI is -0.21 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delaware Value 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 Value 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 metropolitan statistical area.

Moving together with Delaware Mutual Fund

  0.73OASVX Optimum Small MidPairCorr
  0.71WASAX Ivy Asset StrategyPairCorr
  0.99OCLVX Optimum Large CapPairCorr
  0.97OCLGX Optimum Large CapPairCorr
  0.73OCSVX Optimum Small MidPairCorr
  0.86DMO Western Asset MortgagePairCorr
  0.78DLTZX Delaware Limited TermPairCorr
  0.61DLTRX Delaware Limited TermPairCorr
  0.73OISVX Optimum Small MidPairCorr
  0.95WHIAX Ivy High IncomePairCorr
  0.62DPREX Delaware ReitPairCorr
  0.96IEYAX Ivy Energy FundPairCorr
  0.87DULTX Delaware InvestmentsPairCorr
  0.91IGNAX Ivy Natural ResourcesPairCorr
  0.71DDVIX Delaware ValuePairCorr
  0.88DEDCX Delaware Emerging MarketsPairCorr
  0.72DEMCX Delaware Emerging MarketsPairCorr
  0.98VVIAX Vanguard Value IndexPairCorr
  0.99DOXGX Dodge Cox StockPairCorr
  0.75AFMFX American MutualPairCorr
  0.75FFMMX American Funds AmericanPairCorr
  0.75FFFMX American Funds AmericanPairCorr
  0.98AMRMX American MutualPairCorr
  0.97AMFFX American MutualPairCorr
  0.97AMFCX American MutualPairCorr
  0.99DODGX Dodge Stock FundPairCorr
  0.98VIVAX Vanguard Value IndexPairCorr
  0.97DXQLX Direxion Monthly NasdaqPairCorr
  0.97RYVLX Nasdaq 100 2xPairCorr
  0.97RYVYX Nasdaq 100 2xPairCorr
  0.97UOPIX Ultra Nasdaq 100PairCorr
  0.97RYCCX Nasdaq 100 2xPairCorr
  0.97UOPSX Ultranasdaq 100 ProfundPairCorr
  0.96INPIX Internet UltrasectorPairCorr

Related Correlations Analysis

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 Value 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 Value'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.

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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY