Dunham Monthly Distribution Fund Market Value

DCMDX Fund  USD 17.95  0.15  0.83%   
Dunham Monthly's market value is the price at which a share of Dunham Monthly trades on a public exchange. It measures the collective expectations of Dunham Monthly Distribution investors about its performance. Dunham Monthly is trading at 17.95 as of the 2nd of March 2025; that is 0.83 percent decrease since the beginning of the trading day. The fund's open price was 18.1.
With this module, you can estimate the performance of a buy and hold strategy of Dunham Monthly Distribution and determine expected loss or profit from investing in Dunham Monthly over a given investment horizon. Check out Dunham Monthly Correlation, Dunham Monthly Volatility and Dunham Monthly Alpha and Beta module to complement your research on Dunham Monthly.
Symbol

Please note, there is a significant difference between Dunham Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dunham Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dunham Monthly's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Dunham Monthly '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 Monthly'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 Monthly.
0.00
01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Dunham Monthly on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Dunham Monthly Distribution or generate 0.0% return on investment in Dunham Monthly over 30 days. Dunham Monthly is related to or competes with Dunham Monthly, Dunham Monthly, Dunham International, Sierra Strategic, and Nuveen Symphony. The sub-adviser seeks to achieve attractive absolute returns by utilizing an event driven strategy across a diversified ... More

Dunham Monthly 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 Monthly'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 Monthly Distribution upside and downside potential and time the market with a certain degree of confidence.

Dunham Monthly Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Monthly's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunham Monthly's standard deviation. In reality, there are many statistical measures that can use Dunham Monthly historical prices to predict the future Dunham Monthly's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dunham Monthly's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
17.7617.9518.14
Details
Intrinsic
Valuation
LowRealHigh
17.7617.9518.14
Details
Naive
Forecast
LowNextHigh
17.7717.9618.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.9918.0918.19
Details

Dunham Monthly Distr Backtested Returns

At this stage we consider Dunham Mutual Fund to be very steady. Dunham Monthly Distr secures Sharpe Ratio (or Efficiency) of 0.0154, which denotes the fund had a 0.0154 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dunham Monthly Distribution, which you can use to evaluate the volatility of the entity. Please confirm Dunham Monthly's Coefficient Of Variation of 4175.19, mean deviation of 0.1158, and Downside Deviation of 0.2538 to check if the risk estimate we provide is consistent with the expected return of 0.0029%. The fund shows a Beta (market volatility) of -0.015, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dunham Monthly are expected to decrease at a much lower rate. During the bear market, Dunham Monthly is likely to outperform the market.

Auto-correlation

    
  -0.65  

Very good reverse predictability

Dunham Monthly Distribution has very good reverse predictability. Overlapping area represents the amount of predictability between Dunham Monthly time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Monthly Distr price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Dunham Monthly price fluctuation can be explain by its past prices.
Correlation Coefficient-0.65
Spearman Rank Test-0.9
Residual Average0.0
Price Variance0.0

Dunham Monthly Distr lagged returns against current returns

Autocorrelation, which is Dunham Monthly 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 Monthly's mutual fund expected returns. We can calculate the autocorrelation of Dunham Monthly returns to help us make a trade decision. For example, suppose you find that Dunham Monthly 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 Monthly 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 Monthly mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunham Monthly 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 Monthly mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Dunham Monthly Lagged Returns

When evaluating Dunham Monthly's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunham Monthly mutual fund have on its future price. Dunham Monthly 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 Monthly autocorrelation shows the relationship between Dunham Monthly mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dunham Monthly Distribution.
   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 Monthly 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 Monthly security.
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