Dunham Large Correlations

Mutual Funds . USA . 
Fund . Dunham Large Cap
DALVX Fund  USD 22.62  0.14  0.62%   
The current 90-days correlation between Dunham Large Cap and Pace Smallmedium Value is -0.2 (i.e., Good diversification). The correlation of Dunham Large 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 Large Correlation With Market

Very poor diversification

The correlation between Dunham Large Cap and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dunham Large Cap 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 Large Cap. 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 manufacturing.

Moving together with Dunham Mutual Fund

  0.95DNAVX Dunham Dynamic MacroPairCorr
  0.95DNAIX Dunham AppreciationPairCorr
  0.78DNCGX Dunham PorategovernmentPairCorr
  0.94DNDGX Dunham Small CapPairCorr
  0.95DNEMX Dunham Emerging MarketsPairCorr
  0.63DNFGX Dunham Focused LargePairCorr
  0.71DNFRX Dunham Floating RatePairCorr
  0.87DNIOX Dunham InternationalPairCorr
  0.97DNHYX Dunham High YieldPairCorr
  0.99DNLVX Dunham Large CapPairCorr
  0.92DNMDX Dunham Monthly DistrPairCorr
  0.69DNREX Dunham Real EstatePairCorr
  0.99DNSVX Dunham Small CapPairCorr
  0.94DNSPX Dunham Enhanced Market Potential GrowthPairCorr
  0.94DAAIX Dunham AppreciationPairCorr
  0.96DAAVX Dunham Dynamic MacroPairCorr
  0.78DACGX Dunham PorategovernmentPairCorr
  0.96DADGX Dunham Small CapPairCorr
  0.94DAEMX Dunham Emerging MarketsPairCorr
  0.62DAFRX Dunham Floating RatePairCorr
  0.7DAFGX Dunham Focused LargePairCorr
  0.97DAHYX Dunham High YieldPairCorr
  0.87DAIOX Dunham InternationalPairCorr
  0.93DAMDX Dunham Monthly DistrPairCorr
  0.68DAREX Dunham Real EstatePairCorr
  0.99DASVX Dunham Small CapPairCorr
  0.95DCAVX Dunham Dynamic MacroPairCorr
  0.9DCAIX Dunham AppreciationPairCorr
  0.74DCCGX Dunham PorategovernmentPairCorr
  0.96DCDGX Dunham Small CapPairCorr
  0.94DCEMX Dunham Emerging MarketsPairCorr
  0.73DCFGX Dunham Focused LargePairCorr
  0.83DCIOX Dunham InternationalPairCorr
  0.96DCHYX Dunham High YieldPairCorr

Moving against Dunham Mutual Fund

  0.92DASPX Dunham Enhanced Market Potential GrowthPairCorr
  0.35AMRMX American MutualPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Dunham Mutual Fund performing well and Dunham Large 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 Large'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