Delaware Mid Cap Fund Net Asset
| DLMAXDelisted Fund | USD 7.08 0.00 0.00% |
Delaware Mid Cap fundamentals help investors to digest information that contributes to Delaware Mid's financial success or failures. It also enables traders to predict the movement of Delaware Mutual Fund. The fundamental analysis module provides a way to measure Delaware Mid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Delaware Mid mutual fund.
Delaware |
Delaware Mid Cap Mutual Fund Net Asset Analysis
Delaware Mid's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Delaware Mid Net Asset | 80.42 M |
Most of Delaware Mid's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Delaware Mid Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, Delaware Mid Cap has a Net Asset of 80.42 M. This is 3.92% higher than that of the Delaware Funds by Macquarie family and significantly higher than that of the Mid-Cap Value category. The net asset for all United States funds is notably lower than that of the firm.
Delaware Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Delaware Mid's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Delaware Mid could also be used in its relative valuation, which is a method of valuing Delaware Mid by comparing valuation metrics of similar companies.Delaware Mid is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Delaware Mid
The fund consists of 98.76% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Delaware Mid's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Delaware Fundamentals
| Price To Earning | 17.87 X | |||
| Price To Book | 2.03 X | |||
| Price To Sales | 1.33 X | |||
| Total Asset | 80.42 M | |||
| One Year Return | (12.28) % | |||
| Three Year Return | (2.37) % | |||
| Five Year Return | 1.63 % | |||
| Ten Year Return | 7.30 % | |||
| Net Asset | 80.42 M | |||
| Minimum Initial Investment | 1 K | |||
| Cash Position Weight | 1.24 % | |||
| Equity Positions Weight | 98.76 % |
About Delaware Mid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Delaware Mid Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delaware Mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delaware Mid Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Delaware Mid in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Delaware Mid's short interest history, or implied volatility extrapolated from Delaware Mid options trading.
Pair Trading with Delaware Mid
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 Mid 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 Mid will appreciate offsetting losses from the drop in the long position's value.Moving together with Delaware Mutual Fund
| 0.69 | FLPKX | Fidelity Low Priced | PairCorr |
| 0.7 | FLPSX | Fidelity Low Priced | PairCorr |
| 0.71 | VMVAX | Vanguard Mid Cap | PairCorr |
| 0.77 | JVMAX | John Hancock Disciplined | PairCorr |
| 0.74 | JVMIX | John Hancock Disciplined | PairCorr |
Moving against Delaware Mutual Fund
| 0.41 | XPPRX | Voya Prime Rate | PairCorr |
The ability to find closely correlated positions to Delaware Mid 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 Mid 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 Mid - 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 Mid Cap to buy it.
The correlation of Delaware Mid 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 Mid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delaware Mid Cap 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 Mid 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.Check out Investing Opportunities to better understand how to build diversified portfolios. 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 nation. Note that the Delaware Mid Cap information on this page should be used as a complementary analysis to other Delaware Mid'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Delaware Mutual Fund
If you are still planning to invest in Delaware Mid Cap check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Delaware Mid's history and understand the potential risks before investing.
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