Dunham Porategovernment Bond Fund Market Value
| DNCGX Fund | USD 12.56 0.01 0.08% |
| Symbol | Dunham |
Dunham Corporate/govern '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 Corporate/govern'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 Corporate/govern.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Dunham Corporate/govern on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Dunham Porategovernment Bond or generate 0.0% return on investment in Dunham Corporate/govern over 90 days. Dunham Corporate/govern is related to or competes with Jpmorgan Government, John Hancock, Long-term, Blackrock, Virtus Seix, Fidelity Series, and Davis Government. The funds sub-adviser seeks to achieve its investment objectives by investing primarily in corporate and government bond... More
Dunham Corporate/govern 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 Corporate/govern'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 Porategovernment Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.3683 | |||
| Maximum Drawdown | 1.22 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.4819 |
Dunham Corporate/govern Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Corporate/govern's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunham Corporate/govern's standard deviation. In reality, there are many statistical measures that can use Dunham Corporate/govern historical prices to predict the future Dunham Corporate/govern's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0225 | |||
| Treynor Ratio | (0.35) |
Dunham Porategovernment Backtested Returns
At this stage we consider Dunham Mutual Fund to be very steady. Dunham Porategovernment secures Sharpe Ratio (or Efficiency) of 0.0602, which denotes the fund had a 0.0602 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Dunham Porategovernment Bond, which you can use to evaluate the volatility of the entity. Please confirm Dunham Corporate/govern's Standard Deviation of 0.2666, variance of 0.0711, and Mean Deviation of 0.2107 to check if the risk estimate we provide is consistent with the expected return of 0.0161%. The fund shows a Beta (market volatility) of 0.031, which means not very significant fluctuations relative to the market. As returns on the market increase, Dunham Corporate/govern's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dunham Corporate/govern is expected to be smaller as well.
Auto-correlation | -0.02 |
Very weak reverse predictability
Dunham Porategovernment Bond has very weak reverse predictability. Overlapping area represents the amount of predictability between Dunham Corporate/govern 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 Porategovernment price movement. The serial correlation of -0.02 indicates that only 2.0% of current Dunham Corporate/govern price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dunham Porategovernment lagged returns against current returns
Autocorrelation, which is Dunham Corporate/govern 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 Corporate/govern's mutual fund expected returns. We can calculate the autocorrelation of Dunham Corporate/govern returns to help us make a trade decision. For example, suppose you find that Dunham Corporate/govern 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 Corporate/govern 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 Corporate/govern mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunham Corporate/govern 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 Corporate/govern mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dunham Corporate/govern Lagged Returns
When evaluating Dunham Corporate/govern's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunham Corporate/govern mutual fund have on its future price. Dunham Corporate/govern 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 Corporate/govern autocorrelation shows the relationship between Dunham Corporate/govern mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dunham Porategovernment Bond.
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 Corporate/govern 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 Corporate/govern security.
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