Delaware Mid Cap Fund Fundamentals
| DLMIXDelisted Fund | USD 7.07 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 One Year Return Analysis
Delaware Mid's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Delaware Mid One Year Return | (12.07) % |
Most of Delaware Mid's fundamental indicators, such as One Year Return, 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.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, Delaware Mid Cap has an One Year Return of -12.07%. This is 195.64% lower than that of the Delaware Funds by Macquarie family and significantly lower than that of the Mid-Cap Value category. The one year return for all United States funds is notably higher than that of the company.
Delaware Mid Cap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Delaware Mid's current stock value. Our valuation model uses many indicators to compare Delaware Mid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Delaware Mid competition to find correlations between indicators driving Delaware Mid's intrinsic value. More Info.Delaware Mid Cap is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Delaware Mid Cap is roughly 8.80 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Delaware Mid by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Delaware Mid's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Mid's earnings, one of the primary drivers of an investment's value.Delaware One Year Return 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 One Year Return 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 one year return among similar funds.
Fund Asset Allocation for Delaware Mid
The fund consists of 98.0% 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 | 50.15 M | |||
| One Year Return | (12.07) % | |||
| Three Year Return | (2.13) % | |||
| Five Year Return | 1.85 % | |||
| Ten Year Return | 7.55 % | |||
| Net Asset | 50.15 M | |||
| Cash Position Weight | 2.00 % | |||
| Equity Positions Weight | 98.00 % |
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.The fund invests primarily in investments of medium-sized companies whose stock prices appear low relative to their underlying value or future potential. Delaware Mid is traded on NASDAQ Exchange in the United States.
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.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 gross domestic product. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |