Delaware Small Cap Fund Quote
| DSGEX Fund | USD 9.30 0.12 1.27% |
Performance7 of 100
| Odds Of DistressLess than 21
|
Delaware Small is trading at 9.30 as of the 16th of April 2024; that is -1.27 percent decrease since the beginning of the trading day. The fund's open price was 9.42. Delaware Small has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Delaware Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund invests primarily in common stocks of growth-oriented companies that its investment manager, Delaware Management Company believes have long-term capital appreciation potential and expect to grow faster than the U.S. economy. It invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of small-capitalization companies . More on Delaware Small Cap
Moving together with Delaware Mutual Fund
| 0.71 | DHIZX | Delaware High Yield | PairCorr |
| 0.89 | WASAX | Ivy Asset Strategy | PairCorr |
| 0.85 | DMO | Western Asset Mortgage | PairCorr |
| 0.95 | DLHIX | Delaware Healthcare | PairCorr |
| 0.73 | DMUSX | Delaware Tax Free | PairCorr |
| 0.65 | WHIAX | Ivy High Income | PairCorr |
Delaware Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Delaware Small's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Delaware Small or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Delaware Funds by Macquarie Funds, Large Funds, Small Growth Funds, Small Growth, Delaware Funds by Macquarie (View all Sectors) |
| Update Date | 31st of March 2024 |
Delaware Small Cap [DSGEX] is traded in USA and was established 16th of April 2024. Delaware Small is listed under Delaware Funds by Macquarie category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Delaware Funds by Macquarie family. This fund currently has accumulated 11.39 M in assets under management (AUM) with minimum initial investment of 1 K. Delaware Small Cap is currently producing year-to-date (YTD) return of 5.72%, while the total return for the last 3 years was -14.36%.
Check Delaware Small Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Delaware Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Delaware Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Delaware Small Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Delaware Small Cap Mutual Fund Constituents
| YETI | YETI Holdings | Stock | Consumer Discretionary |
| WTW | Willis Towers Watson | Stock | Financials |
| NBIX | Neurocrine Biosciences | Stock | Health Care |
| EHTH | eHealth | Stock | Financials |
| CHEF | The Chefs Warehouse | Stock | Consumer Staples |
| SRPT | Sarepta Therapeutics | Stock | Health Care |
| COLL | Collegium Pharmaceutical | Stock | Health Care |
Delaware Small Target Price Odds Analysis
Based on a normal probability distribution, the odds of Delaware Small jumping above the current price in 90 days from now is about 68.16%. The Delaware Small Cap probability density function shows the probability of Delaware Small mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.4822 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Delaware Small will likely underperform. Additionally, delaware Small Cap has an alpha of 0.0087, implying that it can generate a 0.008716 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Delaware Small to move above the current price in 90 days from now is about 68.16 (This Delaware Small Cap probability density function shows the probability of Delaware Mutual Fund to fall within a particular range of prices over 90 days) .
Delaware Small Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Delaware Small market risk premium is the additional return an investor will receive from holding Delaware Small long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Delaware Small. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Delaware Small's alpha and beta are two of the key measurements used to evaluate Delaware Small's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8782 | |||
| Semi Deviation | 1.06 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.25 |
Delaware Small Against Markets
Picking the right benchmark for Delaware Small mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Delaware Small mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Delaware Small is critical whether you are bullish or bearish towards Delaware Small Cap at a given time. Please also check how Delaware Small's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Delaware Small without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
How to buy Delaware Mutual Fund?
Before investing in Delaware Small, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Delaware Small. To buy Delaware Small fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Delaware Small. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Delaware Small fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Delaware Small Cap fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Delaware Small Cap fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Delaware Small Cap, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Delaware Small Cap?
The danger of trading Delaware Small Cap is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Delaware Small is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Delaware Small. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Delaware Small Cap is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delaware Small Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Delaware Small Cap information on this page should be used as a complementary analysis to other Delaware Small's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.