Delaware Healthcare Fund Price on May 31, 2023
| DLHIX Fund | USD 24.18 0.12 0.49% |
Below is the normalized historical share price chart for Delaware Healthcare Fund extending back to September 28, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Delaware Healthcare stands at 24.18, as last reported on the 29th of December, with the highest price reaching 24.18 and the lowest price hitting 24.18 during the day.
If you're considering investing in Delaware Mutual Fund, it is important to understand the factors that can impact its price. Delaware Healthcare secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the fund had a -0.18% return per unit of risk over the last 3 months. Delaware Healthcare Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Delaware Healthcare's Mean Deviation of 0.8425, standard deviation of 1.68, and Variance of 2.84 to check the risk estimate we provide.
Delaware Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Delaware |
Sharpe Ratio = -0.1769
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| Negative Returns | DLHIX |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Delaware Healthcare is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Delaware Healthcare by adding Delaware Healthcare to a well-diversified portfolio.
Delaware Healthcare Valuation on May 31, 2023
It is possible to determine the worth of Delaware Healthcare on a given historical date. On May 31, 2023 Delaware was worth 24.27 at the beginning of the trading date compared to the closed value of 24.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Delaware Healthcare mutual fund. Still, in general, we apply an absolute valuation method to find Delaware Healthcare's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Delaware Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Delaware Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 24.08 | 24.08 | 24.08 | 24.08 | 1.00 | |
05/31/2023 | 24.27 | 24.27 | 24.27 | 24.27 | 1.00 |
| 24.41 | 24.41 | 24.41 | 24.41 | 1.00 |
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Delaware Healthcare Trading Date Momentum on May 31, 2023
| On June 01 2023 Delaware Healthcare Fund was traded for 24.41 at the closing time. The highest daily price throughout the period was 24.41 and the lowest price was 24.41 . There was no trading activity during the period 1.0. Lack of trading volume on 06/01/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.58% . The overall trading delta to current closing price is 3.30% . |
Delaware Healthcare Fundamentals Correlations and Trends
By evaluating Delaware Healthcare's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Delaware Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Delaware financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Delaware Healthcare Mutual Fund history
Delaware Healthcare investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Delaware is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Delaware Healthcare will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Delaware Healthcare stock prices may prove useful in developing a viable investing in Delaware Healthcare
Under normal circumstances, the fund will invest at least 80 percent of its assets, plus the amount of any borrowings for investment purposes, in the equity securities of healthcare companies, meaning companies that develop, produce, or distribute products or services related to the healthcare or medical industries and derive a substantial portion, that is, more than 50, of their sales from products and services in the healthcare industry . It is non-diversified.
Delaware Healthcare Mutual Fund Technical Analysis
Delaware Healthcare 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.
Price Boundaries
Delaware Healthcare Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Delaware Healthcare Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Delaware Healthcare December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Delaware Healthcare mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delaware Healthcare shares will generate the highest return on investment. By undertsting and applying Delaware Healthcare mutual fund market strength indicators, traders can identify Delaware Healthcare Fund entry and exit signals to maximize returns
Delaware Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Delaware Healthcare's price direction in advance. Along with the technical and fundamental analysis of Delaware Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Delaware to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 8.62 |
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Other Information on Investing in Delaware Mutual Fund
Delaware Healthcare financial ratios help investors to determine whether Delaware Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Delaware with respect to the benefits of owning Delaware Healthcare security.
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