Dunham Small Cap Fund Market Value
| DASVX Fund | USD 14.92 0.01 0.07% |
| Symbol | Dunham |
Dunham Small 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Dunham Small's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Dunham Small.
| 01/14/2024 |
| 02/07/2025 |
If you would invest 0.00 in Dunham Small on January 14, 2024 and sell it all today you would earn a total of 0.00 from holding Dunham Small Cap or generate 0.0% return on investment in Dunham Small over 390 days. Dunham Small is related to or competes with Qs Us, Ab Large, Touchstone Large, Calvert Large, Blackrock Large, and Dodge Cox. The funds sub-adviser seeks to achieve its investment objective by investing primarily in domestic, value-oriented, smal... More
Dunham Small Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dunham Small's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Dunham Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 14.19 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.33 |
Dunham Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunham Small's standard deviation. In reality, there are many statistical measures that can use Dunham Small historical prices to predict the future Dunham Small's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dunham Small'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.
Dunham Small Cap Backtested Returns
Dunham Small Cap secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the fund had a -0.13 % return per unit of risk over the last 3 months. Dunham Small Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dunham Small's Mean Deviation of 0.9397, variance of 3.62, and Standard Deviation of 1.9 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.63, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dunham Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dunham Small is expected to be smaller as well.
Auto-correlation | -0.1 |
Very weak reverse predictability
Dunham Small Cap has very weak reverse predictability. Overlapping area represents the amount of predictability between Dunham Small time series from 14th of January 2024 to 27th of July 2024 and 27th of July 2024 to 7th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dunham Small Cap price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Dunham Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Dunham Small Cap lagged returns against current returns
Autocorrelation, which is Dunham Small mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Dunham Small's mutual fund expected returns. We can calculate the autocorrelation of Dunham Small returns to help us make a trade decision. For example, suppose you find that Dunham Small has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Dunham Small regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Dunham Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunham Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dunham Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dunham Small Lagged Returns
When evaluating Dunham Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunham Small mutual fund have on its future price. Dunham Small autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Dunham Small autocorrelation shows the relationship between Dunham Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dunham Small Cap.
Regressed Prices |
| Timeline |
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 Small 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 Small security.
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