Dunham Enhanced Market Fund Market Value
| DNSPX Fund | 20.86 0.18 0.87% |
| Symbol | Dunham |
Dunham Enhanced '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 Enhanced'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 Enhanced.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Dunham Enhanced on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Dunham Enhanced Market or generate 0.0% return on investment in Dunham Enhanced over 360 days. Dunham Enhanced is related to or competes with Dunham Dynamic, Dunham Appreciation, Dunham Porategovernment, Dunham Small, Dunham Emerging, Dunham Focused, and Dunham Floating. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of ... More
Dunham Enhanced 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 Enhanced'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 Enhanced Market upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.796 | |||
| Information Ratio | 0.0997 | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.19 |
Dunham Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunham Enhanced's standard deviation. In reality, there are many statistical measures that can use Dunham Enhanced historical prices to predict the future Dunham Enhanced's volatility.| Risk Adjusted Performance | 0.1756 | |||
| Jensen Alpha | 0.1725 | |||
| Total Risk Alpha | 0.0697 | |||
| Sortino Ratio | 0.0994 | |||
| Treynor Ratio | 2.18 |
Dunham Enhanced Market Backtested Returns
At this stage we consider Dunham Mutual Fund to be very steady. Dunham Enhanced Market secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dunham Enhanced Market, which you can use to evaluate the volatility of the entity. Please confirm Dunham Enhanced's Downside Deviation of 0.796, mean deviation of 0.5764, and Coefficient Of Variation of 415.63 to check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.0829, which means not very significant fluctuations relative to the market. As returns on the market increase, Dunham Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dunham Enhanced is expected to be smaller as well.
Auto-correlation | 0.68 |
Good predictability
Dunham Enhanced Market has good predictability. Overlapping area represents the amount of predictability between Dunham Enhanced time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th 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 Enhanced Market price movement. The serial correlation of 0.68 indicates that around 68.0% of current Dunham Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
Dunham Enhanced Market lagged returns against current returns
Autocorrelation, which is Dunham Enhanced 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 Enhanced's mutual fund expected returns. We can calculate the autocorrelation of Dunham Enhanced returns to help us make a trade decision. For example, suppose you find that Dunham Enhanced 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 Enhanced 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 Enhanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunham Enhanced 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 Enhanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dunham Enhanced Lagged Returns
When evaluating Dunham Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunham Enhanced mutual fund have on its future price. Dunham Enhanced 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 Enhanced autocorrelation shows the relationship between Dunham Enhanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dunham Enhanced Market.
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 Enhanced 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 Enhanced security.
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