Dunham High Yield Fund Price on August 17, 2024
| DAHYX Fund | USD 8.85 0.02 0.23% |
Below is the normalized historical share price chart for Dunham High Yield extending back to January 05, 2007. 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 High stands at 8.85, as last reported on the 1st of December, with the highest price reaching 8.85 and the lowest price hitting 8.85 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 High Yield secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Dunham High Yield, which you can use to evaluate the volatility of the entity. Please confirm Dunham High's Mean Deviation of 0.1132, standard deviation of 0.1389, and Coefficient Of Variation of 572.75 to check if the risk estimate we provide is consistent with the expected return of 0.025%.
Dunham Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Dunham |
Sharpe Ratio = 0.1792
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DAHYX |
Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Dunham High is performing at about 14% 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 High by adding it to a well-diversified portfolio.
Dunham High Valuation on August 17, 2024
It is possible to determine the worth of Dunham High on a given historical date. On August 17, 2024 Dunham was worth 8.64 at the beginning of the trading date compared to the closed value of 8.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dunham High mutual fund. Still, in general, we apply an absolute valuation method to find Dunham High'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 High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dunham High's related companies.
| Open | High | Low | Close | Volume | |
| 8.63 | 8.63 | 8.63 | 8.63 | 1.00 | |
08/16/2024 | 8.64 | 8.64 | 8.64 | 8.64 | 1.00 |
| 8.66 | 8.66 | 8.66 | 8.66 | 1.00 |
| Backtest Dunham High | | | Dunham High History | | | Dunham High Valuation | Previous | Next |
Dunham High Trading Date Momentum on August 17, 2024
| On August 19 2024 Dunham High Yield was traded for 8.66 at the closing time. The highest daily price throughout the period was 8.66 and the lowest price was 8.66 . There was no trading activity during the period 1.0. Lack of trading volume on 08/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.23% . The overall trading delta to current closing price is 0.81% . |
Dunham High Yield Fundamentals Correlations and Trends
By evaluating Dunham High'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 High'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 High Mutual Fund history
Dunham High 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 High Yield 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 High stock prices may prove useful in developing a viable investing in Dunham High
Under normal market conditions, the fund invests at least 80 percent of its assets in debt securities and convertible securities rated below investment grade by SP or comparably rated by another nationally recognized statistical rating organization , also known as high-yield or junk bonds, and in unrated debt securities determined by the Sub-Adviser to be of comparable quality.
Dunham High Mutual Fund Technical Analysis
Dunham High 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 High Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Dunham High Yield 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 High December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Dunham High 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 High shares will generate the highest return on investment. By undertsting and applying Dunham High mutual fund market strength indicators, traders can identify Dunham High Yield entry and exit signals to maximize returns
Dunham High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dunham High'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 | 0.0884 | |||
| Jensen Alpha | 0.0066 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.70) | |||
| Treynor Ratio | 0.2368 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Dunham Mutual Fund
Dunham High 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 High security.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |