Dunham Focused Large Fund Market Value

DCFGX Fund  USD 40.35  0.43  1.08%   
Dunham Focused's market value is the price at which a share of Dunham Focused trades on a public exchange. It measures the collective expectations of Dunham Focused Large investors about its performance. Dunham Focused is trading at 40.35 as of the 22nd of December 2024; that is 1.08 percent increase since the beginning of the trading day. The fund's open price was 39.92.
With this module, you can estimate the performance of a buy and hold strategy of Dunham Focused Large and determine expected loss or profit from investing in Dunham Focused over a given investment horizon. Check out Dunham Focused Correlation, Dunham Focused Volatility and Dunham Focused Alpha and Beta module to complement your research on Dunham Focused.
Symbol

Please note, there is a significant difference between Dunham Focused's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dunham Focused is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dunham Focused'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 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.
0.00
10/23/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/22/2024
0.00
If you would invest  0.00  in Dunham Focused on October 23, 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 60 days. Dunham Focused is related to or competes with Dunham Dynamic, Dunham Appreciation, Dunham Porategovernment, Dunham Small, Dunham Emerging, Dunham Focused, and Dunham Floating. 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.

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.
Hype
Prediction
LowEstimatedHigh
39.2540.3541.45
Details
Intrinsic
Valuation
LowRealHigh
36.3242.0943.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dunham Focused. Your research has to be compared to or analyzed against Dunham Focused's peers to derive any actionable benefits. When done correctly, Dunham Focused's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dunham Focused Large.

Dunham Focused Large Backtested Returns

At this stage we consider Dunham Mutual Fund to be very steady. Dunham Focused Large secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Dunham Focused Large, which you can use to evaluate the volatility of the entity. Please confirm Dunham Focused's Coefficient Of Variation of 925.27, downside deviation of 1.39, and Mean Deviation of 0.7852 to check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 0.93, which means possible diversification benefits within a given portfolio. Dunham Focused returns are very sensitive to returns on the market. As the market goes up or down, Dunham Focused is expected to follow.

Auto-correlation

    
  0.24  

Weak predictability

Dunham Focused Large has weak predictability. Overlapping area represents the amount of predictability between Dunham Focused time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd of December 2024. 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 0.24 indicates that over 24.0% of current Dunham Focused price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.27
Residual Average0.0
Price Variance0.55

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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