Dunham Dynamic Macro Fund Technical Analysis
| DCAVX Fund | USD 10.85 0.08 0.74% |
As of the 23rd of April, Dunham Dynamic shows the Coefficient Of Variation of 578.81, mean deviation of 0.3052, and Downside Deviation of 0.3753. Dunham Dynamic Macro technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Dunham Dynamic Macro, which can be compared to its peers. Please confirm Dunham Dynamic Macro coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Dunham Dynamic Macro is priced favorably, providing market reflects its regular price of 10.85 per share.
Dunham Dynamic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dunham, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DunhamDunham |
Dunham Dynamic 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.
Dunham Dynamic Macro Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Dunham Dynamic Macro volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dunham Dynamic Macro Trend Analysis
Use this graph to draw trend lines for Dunham Dynamic Macro. You can use it to identify possible trend reversals for Dunham Dynamic as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Dunham Dynamic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dunham Dynamic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dunham Dynamic Macro applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Dunham Dynamic Macro will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.2, which is the sum of squared deviations for the predicted Dunham Dynamic price change compared to its average price change.About Dunham Dynamic Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Dunham Dynamic Macro on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Dunham Dynamic Macro based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Dunham Dynamic Macro price pattern first instead of the macroeconomic environment surrounding Dunham Dynamic Macro. By analyzing Dunham Dynamic's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Dunham Dynamic's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Dunham Dynamic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dunham Dynamic April 23, 2024 Technical Indicators
Most technical analysis of Dunham help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dunham from various momentum indicators to cycle indicators. When you analyze Dunham charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1007 | |||
| Market Risk Adjusted Performance | 0.1588 | |||
| Mean Deviation | 0.3052 | |||
| Semi Deviation | 0.2263 | |||
| Downside Deviation | 0.3753 | |||
| Coefficient Of Variation | 578.81 | |||
| Standard Deviation | 0.3929 | |||
| Variance | 0.1544 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | 0.0271 | |||
| Total Risk Alpha | 0.0073 | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1488 | |||
| Maximum Drawdown | 1.94 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.7366 | |||
| Downside Variance | 0.1409 | |||
| Semi Variance | 0.0512 | |||
| Expected Short fall | (0.35) | |||
| Skewness | 0.2001 | |||
| Kurtosis | 0.1001 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dunham Dynamic Macro. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.