Dunham Monthly Distribution Fund Price on September 24, 3124
| DAMDX Fund | USD 27.04 0.03 0.11% |
Below is the normalized historical share price chart for Dunham Monthly Distribution extending back to September 30, 2008. 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 Monthly stands at 27.04, as last reported on the 12th of December 2024, with the highest price reaching 27.04 and the lowest price hitting 27.04 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 Monthly Distr secures Sharpe Ratio (or Efficiency) of 0.094, which denotes the fund had a 0.094% 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 Mean Deviation of 0.1973, downside deviation of 0.2461, and Coefficient Of Variation of 712.94 to check if the risk estimate we provide is consistent with the expected return of 0.0264%.
Dunham Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Dunham |
Sharpe Ratio = 0.094
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| Negative Returns | DAMDX |
Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Dunham Monthly is performing at about 7% 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 Monthly by adding it to a well-diversified portfolio.
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.
About Dunham Monthly Mutual Fund history
Dunham Monthly 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 Monthly Distr 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 Monthly stock prices may prove useful in developing a viable investing in Dunham Monthly
The sub-adviser seeks to achieve attractive absolute returns by utilizing an event driven strategy across a diversified set of equities while actively managing risk to preserve capital, minimize volatility, and maintain liquidity. The sub-adviser generally seeks to accomplish this objective by investing in equities and other new issues and equity-related securities across a diversified range of industries.
Dunham Monthly Mutual Fund Technical Analysis
Dunham Monthly 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 Monthly Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Dunham Monthly Distribution 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 Monthly December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Dunham Monthly 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 Monthly shares will generate the highest return on investment. By undertsting and applying Dunham Monthly mutual fund market strength indicators, traders can identify Dunham Monthly Distribution entry and exit signals to maximize returns
Dunham Monthly Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dunham Monthly'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 | 0.0857 | |||
| Jensen Alpha | 0.0099 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.35) | |||
| Treynor Ratio | 0.1717 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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