Delaware Healthcare Fund Quote
| DLHIX Fund | USD 26.03 0.10 0.38% |
Performance2 of 100
| Odds Of DistressLess than 22
|
Delaware Healthcare is trading at 26.03 as of the 19th of April 2024; that is -0.38 percent decrease since the beginning of the trading day. The fund's open price was 26.13. Delaware Healthcare has about a 22 % 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 Healthcare Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
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 . More on Delaware Healthcare Fund
Moving together with Delaware Mutual Fund
| 0.93 | OASGX | Optimum Small Mid | PairCorr |
| 0.67 | OASVX | Optimum Small Mid | PairCorr |
| 0.71 | DHIZX | Delaware High Yield | PairCorr |
| 0.7 | DHIRX | Delaware High Yield | PairCorr |
| 0.7 | DHOIX | Delaware High Yield | PairCorr |
| 0.65 | DHOCX | Delaware High Yield | PairCorr |
| 0.66 | DHOAX | Delaware High Yield | 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 Healthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Delaware Healthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Healthcare Funds (View all Themes) |
| Fund Concentration | Delaware Funds by Macquarie Funds, Large Blend Funds, Health Funds, Healthcare Funds, Health, Delaware Funds by Macquarie, Large Blend, Health (View all Sectors) |
| Update Date | 31st of March 2024 |
Delaware Healthcare Fund [DLHIX] is traded in USA and was established 19th of April 2024. Delaware Healthcare is listed under Delaware Funds by Macquarie category by Fama And French industry classification. The fund is listed under Health category and is part of Delaware Funds by Macquarie family. The entity is thematically classified as Healthcare Funds. This fund currently has accumulated 934.76 M in assets under management (AUM) with no minimum investment requirementsDelaware Healthcare is currently producing year-to-date (YTD) return of 4.63% with the current yeild of 0.01%, while the total return for the last 3 years was 3.95%.
Check Delaware Healthcare 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 Healthcare Fund 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 Healthcare Fund Mutual Fund Constituents
| CHGCF | Chugai Pharmaceutical Co | Pink Sheet | Drug Manufacturers—General |
| ABBV | AbbVie Inc | Stock | Health Care |
| ZBH | Zimmer Biomet Holdings | Stock | Health Care |
| GILD | Gilead Sciences | Stock | Health Care |
| ARRY | Array TechnologiesInc | Stock | Industrials |
| PFE | Pfizer Inc | Stock | Health Care |
| AMGN | Amgen Inc | Stock | Health Care |
Delaware Healthcare Target Price Odds Analysis
Based on a normal probability distribution, the odds of Delaware Healthcare jumping above the current price in 90 days from now is about 86.04%. The Delaware Healthcare Fund probability density function shows the probability of Delaware Healthcare mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Delaware Healthcare has a beta of 0.8984 suggesting Delaware Healthcare Fund market returns are sensitive to returns on the market. As the market goes up or down, Delaware Healthcare is expected to follow. Additionally, delaware Healthcare Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Delaware Healthcare to move above the current price in 90 days from now is about 86.04 (This Delaware Healthcare Fund probability density function shows the probability of Delaware Mutual Fund to fall within a particular range of prices over 90 days) .
Delaware Healthcare Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Delaware Healthcare market risk premium is the additional return an investor will receive from holding Delaware Healthcare 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 Healthcare. 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 Healthcare's alpha and beta are two of the key measurements used to evaluate Delaware Healthcare's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6468 | |||
| Semi Deviation | 0.7737 | |||
| Standard Deviation | 0.8277 | |||
| Variance | 0.6851 |
Delaware Healthcare Against Markets
Picking the right benchmark for Delaware Healthcare 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 Healthcare 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 Healthcare is critical whether you are bullish or bearish towards Delaware Healthcare Fund at a given time. Please also check how Delaware Healthcare'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 Healthcare 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?
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How to buy Delaware Mutual Fund?
Before investing in Delaware Healthcare, 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 Healthcare. To buy Delaware Healthcare fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Delaware Healthcare. 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 Healthcare fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Delaware Healthcare Fund 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 Healthcare Fund 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 Healthcare Fund, 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 Healthcare Fund?
The danger of trading Delaware Healthcare Fund 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 Healthcare 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 Healthcare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Delaware Healthcare 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 Healthcare Fund. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.