Dunham Mutual Fund Probability of Future Mutual Fund Price Finishing Over 32.39

DNMDX -  USA Fund  

USD 32.18  0.02  0.06%

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.

Dunham Price Probability 

 
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Continue to 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 time horizon, a valid symbol (red box) and a target price (blue box) you would like Dunham Monthly odds to be computed.
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Dunham Monthly Target Price Odds to finish over 32.39

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 foresting. 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 move over $ 32.39  or more in 90 days
 32.18 90 days 32.39  about 47.05
Based on a normal probability distribution, the odds of Dunham Monthly to move over $ 32.39  or more in 90 days from now is about 47.05 (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 its current price of $ 32.18  and $ 32.39  at the end of the 90-day period is about 28.87 .
Assuming the 90 days horizon Dunham Monthly has a beta of 0.1 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 The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Dunham Monthly Distr is significantly underperforming DOW.
 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 stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view 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. Please use the tools below to analyze the current value of Dunham Monthly in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
31.8332.2032.57
Details
Intrinsic
Valuation
LowReal ValueHigh
31.7932.1632.53
Details
Naive
Forecast
LowNext ValueHigh
31.6932.0632.43
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.2432.3732.51
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dunham Monthly. Your research has to be compared to or analyzed against Dunham Monthly's peers to derive any actionable benefits. When done correctly, Dunham Monthly's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Dunham Monthly Distr.

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
-0.07
β
Beta against DOW0.10
σ
Overall volatility
0.27
Ir
Information ratio -0.22

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.
Dunham Monthly Distr generated a negative expected return over the last 90 days
Dunham Monthly Distr is unlikely to experience financial distress in the next 2 years
On 30th of September 2021 Dunham Monthly paid $ 0.0876 per share dividend to its current shareholders
Latest headline from www.dividendinvestor.com: NASDAQDNMDX Monthly Distribution Fd Cl NDunham Funds Dividend Announcement 0.0876 per share - Dividend Investor
The fund retains about 44.35% 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 time-series forecasting models is one of many Dunham Monthly's mutual fund analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These 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 stock 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.

Dunham Monthly Alerts

Dunham Monthly Alerts and Suggestions

Dunham Monthly Distr generated a negative expected return over the last 90 days
Dunham Monthly Distr is unlikely to experience financial distress in the next 2 years
On 30th of September 2021 Dunham Monthly paid $ 0.0876 per share dividend to its current shareholders
Latest headline from www.dividendinvestor.com: NASDAQDNMDX Monthly Distribution Fd Cl NDunham Funds Dividend Announcement 0.0876 per share - Dividend Investor
The fund retains about 44.35% of its assets under management (AUM) in cash
Continue to Dunham Monthly Backtesting, Portfolio Optimization, Dunham Monthly Correlation, Dunham Monthly Hype Analysis, Dunham Monthly Volatility, Dunham Monthly History as well as Dunham Monthly Performance. Note that the Dunham Monthly Distr information on this page should be used as a complementary analysis to other Dunham Monthly's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Dunham Mutual Fund analysis

When running Dunham Monthly Distr price analysis, check to measure Dunham Monthly's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dunham Monthly is operating at the current time. Most of Dunham Monthly's value examination focuses on studying past and present price action to predict the probability of Dunham Monthly's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dunham Monthly's price. Additionally, you may evaluate how the addition of Dunham Monthly to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Dunham Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine Dunham Monthly value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dunham Monthly'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.