Dunham Monthly Distribution Fund Probability of Future Mutual Fund Price Finishing Over 32.39
| DNMDX Fund | USD 28.90 0.02 0.07% |
Dunham |
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 forecasting. 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 Price | Horizon | Target Price | Odds to move over $ 32.39 or more in 90 days |
| 28.90 | 90 days | 32.39 | close to zero percent |
Based on a normal probability distribution, the odds of Dunham Monthly to move over $ 32.39 or more in 90 days from now is close to zero percent (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 $ 28.90 and $ 32.39 at the end of the 90-day period is roughly 96.0 .
Assuming the 90 days horizon Dunham Monthly has a beta of 0.0959 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 Dunham Monthly Distribution has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. 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 mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund 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, anticipate that 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.
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 NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 0.1 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.47 |
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 | |
| The fund retains about 43.52% 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's time-series forecasting models is one of many Dunham Monthly's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This 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 mutual fund 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 Distr generated a negative expected return over the last 90 days | |
| The fund retains about 43.52% of its assets under management (AUM) in cash |
Check out 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 the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.