Dunham Monthly Mutual Fund Forecast - Simple Regression

DNMDX Fund  USD 29.09  0.02  0.07%   
The Simple Regression forecasted value of Dunham Monthly Distribution on the next trading day is expected to be 29.13 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.29. Dunham Mutual Fund Forecast is based on your current time horizon.
The relative strength index (RSI) of Dunham Monthly's share price is above 70 at this time suggesting that the mutual fund is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Dunham, making its price go up or down.

Momentum 79

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of Dunham Monthly's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Dunham Monthly Distribution, which may create opportunities for some arbitrage if properly timed.
Using Dunham Monthly hype-based prediction, you can estimate the value of Dunham Monthly Distribution from the perspective of Dunham Monthly response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Dunham Monthly Distribution on the next trading day is expected to be 29.13 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.29.

Dunham Monthly after-hype prediction price

    
  USD 29.09  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Dunham Monthly to cross-verify your projections.

Dunham Monthly Additional Predictive Modules

Most predictive techniques to examine Dunham price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dunham using various technical indicators. When you analyze Dunham charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Simple Regression model is a single variable regression model that attempts to put a straight line through Dunham Monthly price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Dunham Monthly Simple Regression Price Forecast For the 9th of January

Given 90 days horizon, the Simple Regression forecasted value of Dunham Monthly Distribution on the next trading day is expected to be 29.13 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 1.29.
Please note that although there have been many attempts to predict Dunham Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Dunham Monthly's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dunham Monthly Mutual Fund Forecast Pattern

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Dunham Monthly Forecasted Value

In the context of forecasting Dunham Monthly's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Dunham Monthly's downside and upside margins for the forecasting period are 29.05 and 29.20, respectively. We have considered Dunham Monthly's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
29.09
29.13
Expected Value
29.20
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Dunham Monthly mutual fund data series using in forecasting. Note that when a statistical model is used to represent Dunham Monthly mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria110.8323
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0212
MAPEMean absolute percentage error7.0E-4
SAESum of the absolute errors1.2942
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Dunham Monthly Distribution historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Dunham Monthly

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dunham Monthly Distr. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dunham Monthly's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
29.0229.0929.16
Details
Intrinsic
Valuation
LowRealHigh
26.6426.7132.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
28.8829.0029.13
Details

Other Forecasting Options for Dunham Monthly

For every potential investor in Dunham, whether a beginner or expert, Dunham Monthly's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dunham Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dunham. Basic forecasting techniques help filter out the noise by identifying Dunham Monthly's price trends.

Dunham Monthly Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dunham Monthly mutual fund to make a market-neutral strategy. Peer analysis of Dunham Monthly could also be used in its relative valuation, which is a method of valuing Dunham Monthly by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Dunham Monthly Distr Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Dunham Monthly's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Dunham Monthly's current price.

Dunham Monthly Market Strength Events

Market strength indicators help investors to evaluate how Dunham Monthly 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 Dunham Monthly shares will generate the highest return on investment. By undertsting and applying Dunham Monthly mutual fund market strength indicators, traders can identify Dunham Monthly Distribution entry and exit signals to maximize returns.

Dunham Monthly Risk Indicators

The analysis of Dunham Monthly's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dunham Monthly's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dunham mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Dunham Mutual Fund

Dunham Monthly financial ratios help investors to determine whether Dunham 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 Dunham with respect to the benefits of owning Dunham Monthly security.
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