Dunham Monthly Year To Date Return vs. Five Year Return
| DNMDX Fund | USD 28.82 0.12 0.41% |
For Dunham Monthly profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dunham Monthly to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dunham Monthly Distribution utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dunham Monthly's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dunham Monthly Distribution over time as well as its relative position and ranking within its peers.
Dunham |
Dunham Monthly Distr Five Year Return vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dunham Monthly's current stock value. Our valuation model uses many indicators to compare Dunham Monthly value to that of its competitors to determine the firm's financial worth. Dunham Monthly Distribution is one of the top funds in year to date return among similar funds. It also is one of the top funds in five year return among similar funds reporting about 0.48 of Five Year Return per Year To Date Return. The ratio of Year To Date Return to Five Year Return for Dunham Monthly Distribution is roughly 2.08 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dunham Monthly's earnings, one of the primary drivers of an investment's value.Dunham Five Year Return vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Dunham Monthly |
| = | 5.04 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Dunham Monthly |
| = | 2.42 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Dunham Five Year Return Comparison
Dunham Monthly is currently under evaluation in five year return among similar funds.
Dunham Monthly Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dunham Monthly, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dunham Monthly will eventually generate negative long term returns. The profitability progress is the general direction of Dunham Monthly's change in net profit over the period of time. It can combine multiple indicators of Dunham Monthly, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The sub-adviser seeks to achieve attractive absolute returns by utilizing an event driven strategy across a diversified set of equities while actively managing risk to preserve capital, minimize volatility, and maintain liquidity. The sub-adviser generally seeks to accomplish this objective by investing in equities and other new issues and equity-related securities across a diversified range of industries.
Dunham Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dunham Monthly. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Dunham Monthly position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Dunham Monthly's important profitability drivers and their relationship over time.
Use Dunham Monthly in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dunham Monthly position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dunham Monthly will appreciate offsetting losses from the drop in the long position's value.Dunham Monthly Pair Trading
Dunham Monthly Distribution Pair Trading Analysis
The ability to find closely correlated positions to Dunham Monthly could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dunham Monthly when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dunham Monthly - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dunham Monthly Distribution to buy it.
The correlation of Dunham Monthly is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dunham Monthly moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dunham Monthly Distr moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dunham Monthly can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Dunham Monthly position
In addition to having Dunham Monthly in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
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Other Information on Investing in Dunham Mutual Fund
To fully project Dunham Monthly's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dunham Monthly Distr at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Dunham Monthly's income statement, its balance sheet, and the statement of cash flows.
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