Dunham Monthly Distribution Fund Probability of Future Mutual Fund Price Finishing Over 25.04

DAMDX Fund  USD 27.04  0.03  0.11%   
Dunham Monthly's future price is the expected price of Dunham Monthly instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Dunham Monthly Distribution performance during a given time horizon utilizing its historical volatility. Check out Dunham Monthly Backtesting, Portfolio Optimization, Dunham Monthly Correlation, Dunham Monthly Hype Analysis, Dunham Monthly Volatility, Dunham Monthly History as well as Dunham Monthly Performance.
  
Please specify Dunham Monthly's target price for which you would like Dunham Monthly odds to be computed.

Dunham Monthly Target Price Odds to finish over 25.04

The tendency of Dunham Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 25.04  in 90 days
 27.04 90 days 25.04 
close to 99
Based on a normal probability distribution, the odds of Dunham Monthly to stay above $ 25.04  in 90 days from now is close to 99 (This Dunham Monthly Distribution probability density function shows the probability of Dunham Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Dunham Monthly Distr price to stay between $ 25.04  and its current price of $27.04 at the end of the 90-day period is about 51.5 .
Assuming the 90 days horizon Dunham Monthly has a beta of 0.0013 suggesting as returns on the market go up, Dunham Monthly average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dunham Monthly Distribution will be expected to be much smaller as well. Additionally Dunham Monthly Distribution has an alpha of 0.0288, implying that it can generate a 0.0288 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Dunham Monthly Price Density   
       Price  

Predictive Modules for Dunham Monthly

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dunham Monthly Distr. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
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
26.7927.0727.35
Details
Intrinsic
Valuation
LowRealHigh
26.7827.0627.34
Details
Naive
Forecast
LowNextHigh
26.8227.1027.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.0427.1527.26
Details

Dunham Monthly Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Dunham Monthly is not an exception. The market had few large corrections towards the Dunham Monthly's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Dunham Monthly Distribution, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dunham Monthly within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.03
β
Beta against Dow Jones0
σ
Overall volatility
0.26
Ir
Information ratio -0.3

Dunham Monthly Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Dunham Monthly for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dunham Monthly Distr can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains about 43.52% of its assets under management (AUM) in cash

Dunham Monthly Technical Analysis

Dunham Monthly's future price can be derived by breaking down and analyzing its technical indicators over time. Dunham Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dunham Monthly Distribution. In general, you should focus on analyzing Dunham Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Dunham Monthly Predictive Forecast Models

Dunham Monthly's time-series forecasting models is one of many Dunham Monthly's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Dunham Monthly's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Dunham Monthly Distr

Checking the ongoing alerts about Dunham Monthly for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dunham Monthly Distr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains about 43.52% of its assets under management (AUM) in cash

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.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences