Dunham Focused Large Fund Probability of Future Mutual Fund Price Finishing Over 40.45
| DCFGX Fund | USD 40.28 0.26 0.65% |
Dunham |
Dunham Focused Target Price Odds to finish over 40.45
The tendency of Dunham Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 40.45 or more in 90 days |
| 40.28 | 90 days | 40.45 | nearly 4.05 |
Based on a normal probability distribution, the odds of Dunham Focused to move over $ 40.45 or more in 90 days from now is nearly 4.05 (This Dunham Focused Large probability density function shows the probability of Dunham Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Dunham Focused Large price to stay between its current price of $ 40.28 and $ 40.45 at the end of the 90-day period is about 1.13 .
Assuming the 90 days horizon Dunham Focused has a beta of 0.97 suggesting Dunham Focused Large market returns are sensitive to returns on the market. As the market goes up or down, Dunham Focused is expected to follow. Additionally Dunham Focused Large has an alpha of 0.0388, implying that it can generate a 0.0388 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dunham Focused Price Density |
| Price |
Predictive Modules for Dunham Focused
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 Focused Large. 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.Dunham Focused Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dunham Focused is not an exception. The market had few large corrections towards the Dunham Focused's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Dunham Focused Large, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dunham Focused within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.97 | |
σ | Overall volatility | 1.45 | |
Ir | Information ratio | 0.03 |
Dunham Focused Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Dunham Focused for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dunham Focused Large can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains 98.82% of its assets under management (AUM) in equities |
Dunham Focused Technical Analysis
Dunham Focused's future price can be derived by breaking down and analyzing its technical indicators over time. Dunham Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dunham Focused Large. In general, you should focus on analyzing Dunham Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Dunham Focused Predictive Forecast Models
Dunham Focused's time-series forecasting models is one of many Dunham Focused's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Dunham Focused's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Dunham Focused Large
Checking the ongoing alerts about Dunham Focused for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dunham Focused Large help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains 98.82% of its assets under management (AUM) in equities |
Other Information on Investing in Dunham Mutual Fund
Dunham Focused 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 Focused security.
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