Dunham Enhanced Market Fund Market Value
| DNSPX Fund | 20.55 0.12 0.59% |
| Symbol | Dunham |
Dunham Us '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 Us' 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 Us.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Dunham Us on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Dunham Enhanced Market or generate 0.0% return on investment in Dunham Us over 210 days. Dunham Us is related to or competes with Small Cap, Fuller Thaler, The Gabelli, Tax-managed, Northern Small, and Legg Mason. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of ... More
Dunham Us 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 Us' 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 Enhanced Market upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9763 | |||
| Information Ratio | 0.0059 | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.19 |
Dunham Us Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunham Us' standard deviation. In reality, there are many statistical measures that can use Dunham Us historical prices to predict the future Dunham Us' volatility.| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 0.0131 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0053 | |||
| Treynor Ratio | 0.1415 |
Dunham Enhanced Market Backtested Returns
At this stage we consider Dunham Mutual Fund to be somewhat reliable. Dunham Enhanced Market secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Dunham Enhanced Market, which you can use to evaluate the volatility of the entity. Please confirm Dunham Us' Mean Deviation of 0.6307, downside deviation of 0.9763, and Coefficient Of Variation of 618.36 to check if the risk estimate we provide is consistent with the expected return of 0.17%. The fund shows a Beta (market volatility) of 0.94, which means possible diversification benefits within a given portfolio. Dunham Us returns are very sensitive to returns on the market. As the market goes up or down, Dunham Us is expected to follow.
Auto-correlation | 0.53 |
Modest predictability
Dunham Enhanced Market has modest predictability. Overlapping area represents the amount of predictability between Dunham Us time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd of December 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 Enhanced Market price movement. The serial correlation of 0.53 indicates that about 53.0% of current Dunham Us price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Dunham Enhanced Market lagged returns against current returns
Autocorrelation, which is Dunham Us 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 Us' mutual fund expected returns. We can calculate the autocorrelation of Dunham Us returns to help us make a trade decision. For example, suppose you find that Dunham Us 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 Us 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 Us mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunham Us 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 Us mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dunham Us Lagged Returns
When evaluating Dunham Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunham Us mutual fund have on its future price. Dunham Us 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 Us autocorrelation shows the relationship between Dunham Us mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dunham Enhanced Market.
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 Us 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 Us security.
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