Dunham Floating Correlations

Mutual Funds . USA . 
Fund . Dunham Floating Rate
DAFRX Fund  USD 8.48  0.01  0.12%   
The current 90-days correlation between Dunham Floating Rate and Schwab Health Care is -0.05 (i.e., Good diversification). The correlation of Dunham Floating 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Dunham Floating Correlation With Market

Poor diversification

The correlation between Dunham Floating Rate and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dunham Floating Rate and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dunham Floating Rate. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Dunham Mutual Fund

  0.82DNAVX Dunham Dynamic MacroPairCorr
  0.73DNAIX Dunham AppreciationPairCorr
  0.73DNDGX Dunham Small CapPairCorr
  0.8DNEMX Dunham Emerging MarketsPairCorr
  0.64DNFGX Dunham Focused LargePairCorr
  0.94DNFRX Dunham Floating RatePairCorr
  0.77DNIOX Dunham InternationalPairCorr
  0.74DNHYX Dunham High YieldPairCorr
  0.79DNLVX Dunham Large CapPairCorr
  0.66DNMDX Dunham Monthly DistrPairCorr
  0.75DNSVX Dunham Small CapPairCorr
  0.8DNSPX Dunham Enhanced MarketPairCorr
  0.8DAAIX Dunham AppreciationPairCorr
  0.83DAAVX Dunham Dynamic MacroPairCorr
  0.75DADGX Dunham Small CapPairCorr
  0.84DAEMX Dunham Emerging MarketsPairCorr
  0.69DAFGX Dunham Focused LargePairCorr
  0.76DAHYX Dunham High YieldPairCorr
  0.8DAIOX Dunham InternationalPairCorr
  0.81DALVX Dunham Large CapPairCorr
  0.67DAMDX Dunham Monthly DistrPairCorr
  0.77DASVX Dunham Small CapPairCorr
  0.82DCAVX Dunham Dynamic MacroPairCorr
  0.76DCDGX Dunham Small CapPairCorr
  0.79DCEMX Dunham Emerging MarketsPairCorr
  0.69DCFGX Dunham Focused LargePairCorr
  0.98DCFRX Dunham Floating RatePairCorr
  0.7DCIOX Dunham InternationalPairCorr
  0.76DCHYX Dunham High YieldPairCorr

Moving against Dunham Mutual Fund

  0.8DASPX Dunham Enhanced MarketPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Dunham Mutual Fund performing well and Dunham Floating Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dunham Floating's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY