Delaware High Yield Opportunities Fund Technical Analysis

DHOAX Fund  USD 3.39  0.01  0.30%   
As of the 24th of April, Delaware High-yield shows the Coefficient Of Variation of 88174.58, mean deviation of 0.1425, and Downside Deviation of 0.3635. Delaware High Yield technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Delaware High Yield Opportunities, which can be compared to its peers. Please confirm Delaware High Yield downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Delaware High Yield is priced favorably, providing market reflects its regular price of 3.39 per share.

Delaware High-yield Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Delaware, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Delaware
  
Delaware High-yield's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Delaware High-yield technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Delaware High-yield technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Delaware High-yield trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Delaware High Yield Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Delaware High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Delaware High Yield Trend Analysis

Use this graph to draw trend lines for Delaware High Yield Opportunities. You can use it to identify possible trend reversals for Delaware High-yield as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Delaware High-yield price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Delaware High-yield Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Delaware High Yield Opportunities applied against its price change over selected period. The best fit line has a slop of   0.0003  , which means Delaware High Yield Opportunities will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Delaware High-yield price change compared to its average price change.

About Delaware High-yield Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Delaware High Yield Opportunities on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Delaware High Yield Opportunities based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Delaware High Yield price pattern first instead of the macroeconomic environment surrounding Delaware High Yield. By analyzing Delaware High-yield's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Delaware High-yield's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Delaware High-yield specific price patterns or momentum indicators. Please read more on our technical analysis page.

Delaware High-yield April 24, 2024 Technical Indicators

Most technical analysis of Delaware help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Delaware from various momentum indicators to cycle indicators. When you analyze Delaware charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Delaware High Yield One Year Return

Based on the recorded statements, Delaware High Yield Opportunities has an One Year Return of 8.0618%. This is 36.12% lower than that of the Delaware Funds by Macquarie family and significantly higher than that of the High Yield Bond category. The one year return for all United States funds is notably lower than that of the firm.
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.

Delaware High-yield April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Delaware stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delaware High Yield Opportunities. 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 High Yield information on this page should be used as a complementary analysis to other Delaware High-yield'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Please note, there is a significant difference between Delaware High-yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delaware High-yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delaware High-yield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.