Dunham Floating Rate Fund Price on June 12, 2023
| DCFRX Fund | USD 8.68 0.04 0.46% |
Below is the normalized historical share price chart for Dunham Floating Rate extending back to November 01, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dunham Floating stands at 8.68, as last reported on the 30th of November, with the highest price reaching 8.68 and the lowest price hitting 8.68 during the day.
If you're considering investing in Dunham Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Dunham Mutual Fund to be very steady. Dunham Floating Rate secures Sharpe Ratio (or Efficiency) of 0.31, which denotes the fund had a 0.31% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Dunham Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Dunham Floating's Variance of 0.0086, mean deviation of 0.0647, and Standard Deviation of 0.0929 to check if the risk estimate we provide is consistent with the expected return of 0.0291%.
Dunham Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Dunham |
Sharpe Ratio = 0.3089
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Based on monthly moving average Dunham Floating is performing at about 24% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dunham Floating by adding it to a well-diversified portfolio.
Dunham Floating Valuation on June 12, 2023
It is possible to determine the worth of Dunham Floating on a given historical date. On June 12, 2023 Dunham was worth 7.56 at the beginning of the trading date compared to the closed value of 7.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dunham Floating mutual fund. Still, in general, we apply an absolute valuation method to find Dunham Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dunham Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dunham Floating's related companies.
| Open | High | Low | Close | Volume | |
| 7.54 | 7.54 | 7.54 | 7.54 | 1.00 | |
06/12/2023 | 7.56 | 7.56 | 7.56 | 7.56 | 1.00 |
| 7.57 | 7.57 | 7.57 | 7.57 | 1.00 |
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Dunham Floating Trading Date Momentum on June 12, 2023
| On June 13 2023 Dunham Floating Rate was traded for 7.57 at the closing time. The highest daily price throughout the period was 7.57 and the lowest price was 7.57 . There was no trading activity during the period 1.0. Lack of trading volume on 06/13/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.13% . The overall trading delta to current closing price is 0.40% . |
Dunham Floating Rate Fundamentals Correlations and Trends
By evaluating Dunham Floating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dunham Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dunham financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dunham Floating Mutual Fund history
Dunham Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dunham is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dunham Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dunham Floating stock prices may prove useful in developing a viable investing in Dunham Floating
The funds sub-adviser seeks to achieve its investment objectives by investing, under normal market conditions, at least 80 percent of the funds assets in bonds. It will invest up to 20 percent of total assets in fixed-rate corporate bonds of any maturity generally rated below investment-grade or are not rated by a nationally recognized statistical rating organization , also known as high-yield or junk loans.
Dunham Floating Mutual Fund Technical Analysis
Dunham Floating technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Dunham Floating Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Dunham Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Dunham Floating November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Dunham Floating 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 Floating shares will generate the highest return on investment. By undertsting and applying Dunham Floating mutual fund market strength indicators, traders can identify Dunham Floating Rate entry and exit signals to maximize returns
Dunham Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dunham Floating's price direction in advance. Along with the technical and fundamental analysis of Dunham Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dunham to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.16 | |||
| Jensen Alpha | 0.0142 | |||
| Total Risk Alpha | 0.0027 | |||
| Treynor Ratio | 0.5826 |
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Other Information on Investing in Dunham Mutual Fund
Dunham Floating 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 Floating security.
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