Dunham Focused Large Fund Market Value
| DCFGX Fund | USD 30.87 0.81 2.69% |
| Symbol | Dunham |
Dunham Focused '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 Focused'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 Focused.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Dunham Focused on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Dunham Focused Large or generate 0.0% return on investment in Dunham Focused over 90 days. Dunham Focused is related to or competes with Americafirst Large, Virtus Nfj, Vest Large, Transamerica Large, Calvert Large, and Ab Large. The fund invests primarily in domestic and foreign growth-oriented, large capitalization or large cap equity securities ... More
Dunham Focused 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 Focused'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 Focused Large upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 15.99 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 1.79 |
Dunham Focused Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Focused's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunham Focused's standard deviation. In reality, there are many statistical measures that can use Dunham Focused historical prices to predict the future Dunham Focused's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.39) |
Dunham Focused Large Backtested Returns
Dunham Focused Large 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. Dunham Focused Large exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dunham Focused's Variance of 5.19, standard deviation of 2.28, and Mean Deviation of 1.32 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.17, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dunham Focused will likely underperform.
Auto-correlation | 0.34 |
Below average predictability
Dunham Focused Large has below average predictability. Overlapping area represents the amount of predictability between Dunham Focused time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Focused Large price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Dunham Focused price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 2.47 |
Dunham Focused Large lagged returns against current returns
Autocorrelation, which is Dunham Focused 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 Focused's mutual fund expected returns. We can calculate the autocorrelation of Dunham Focused returns to help us make a trade decision. For example, suppose you find that Dunham Focused 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 Focused 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 Focused mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunham Focused 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 Focused mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dunham Focused Lagged Returns
When evaluating Dunham Focused's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunham Focused mutual fund have on its future price. Dunham Focused 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 Focused autocorrelation shows the relationship between Dunham Focused mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dunham Focused Large.
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 Focused 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 Focused security.
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