Dunham Floating Rate Fund Market Value
| DCFRX Fund | USD 8.72 0.01 0.11% |
| Symbol | Dunham |
Dunham Floating '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 Floating'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 Floating.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Dunham Floating on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Dunham Floating Rate or generate 0.0% return on investment in Dunham Floating over 30 days. Dunham Floating is related to or competes with Dunham Dynamic, Dunham Appreciation, Dunham Corporate/govern, Dunham Small, Dunham Emerging, Dunham Focused, and Dunham International. The funds sub-adviser seeks to achieve its investment objectives by investing, under normal market conditions, at least ... More
Dunham Floating 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 Floating'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 Floating Rate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.29) | |||
| Maximum Drawdown | 0.3463 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.1172 |
Dunham Floating Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Floating's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunham Floating's standard deviation. In reality, there are many statistical measures that can use Dunham Floating historical prices to predict the future Dunham Floating's volatility.| Risk Adjusted Performance | 0.3004 | |||
| Jensen Alpha | 0.0228 | |||
| Total Risk Alpha | 0.016 | |||
| Treynor Ratio | 0.7705 |
Dunham Floating Rate Backtested Returns
At this stage we consider Dunham Mutual Fund to be very steady. Dunham Floating Rate secures Sharpe Ratio (or Efficiency) of 0.51, which denotes the fund had a 0.51% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Dunham Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Dunham Floating's Mean Deviation of 0.0611, standard deviation of 0.071, and Variance of 0.005 to check if the risk estimate we provide is consistent with the expected return of 0.0363%. The fund shows a Beta (market volatility) of 0.035, which means not very significant fluctuations relative to the market. As returns on the market increase, Dunham Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dunham Floating is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Dunham Floating Rate has very good predictability. Overlapping area represents the amount of predictability between Dunham Floating time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. 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 Floating Rate price movement. The serial correlation of 0.85 indicates that around 85.0% of current Dunham Floating price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dunham Floating Rate lagged returns against current returns
Autocorrelation, which is Dunham Floating 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 Floating's mutual fund expected returns. We can calculate the autocorrelation of Dunham Floating returns to help us make a trade decision. For example, suppose you find that Dunham Floating 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 Floating 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 Floating mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunham Floating 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 Floating mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dunham Floating Lagged Returns
When evaluating Dunham Floating's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunham Floating mutual fund have on its future price. Dunham Floating 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 Floating autocorrelation shows the relationship between Dunham Floating mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dunham Floating Rate.
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 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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