Dunham Dynamic Macro Fund Buy Hold or Sell Recommendation
| DAAVX Fund | USD 11.75 0.06 0.51% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Dunham Dynamic Macro is 'Strong Hold'. Macroaxis provides Dunham Dynamic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DAAVX positions. The advice algorithm takes into account all of Dunham Dynamic's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Dunham Dynamic's buy or sell advice are summarized below:
Real Value 11.73 | Hype Value 11.75 | Market Value 11.75 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Dunham Dynamic Macro given historical horizon and risk tolerance towards Dunham Dynamic. When Macroaxis issues a 'buy' or 'sell' recommendation for Dunham Dynamic Macro, the advice is generated through an automated system that utilizes algorithms and statistical models.
Dunham |
Execute Dunham Dynamic Buy or Sell Advice
The Dunham recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dunham Dynamic Macro. Macroaxis does not own or have any residual interests in Dunham Dynamic Macro or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dunham Dynamic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Dunham Dynamic Trading Alerts and Improvement Suggestions
| The fund retains about 27.9% of its assets under management (AUM) in cash |
Dunham Dynamic Returns Distribution Density
The distribution of Dunham Dynamic's historical returns is an attempt to chart the uncertainty of Dunham Dynamic's future price movements. The chart of the probability distribution of Dunham Dynamic daily returns describes the distribution of returns around its average expected value. We use Dunham Dynamic Macro price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dunham Dynamic returns is essential to provide solid investment advice for Dunham Dynamic.
| Mean Return | 0.07 | Value At Risk | -0.58 | Potential Upside | 0.71 | Standard Deviation | 0.40 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dunham Dynamic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Dunham Dynamic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dunham Dynamic or Dunham Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dunham Dynamic's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dunham fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 0.39 | |
σ | Overall volatility | 0.41 | |
Ir | Information ratio | -0.04 |
Dunham Dynamic Volatility Alert
Dunham Dynamic Macro exhibits very low volatility with skewness of 0.2 and kurtosis of 0.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dunham Dynamic's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dunham Dynamic's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Dunham Dynamic Fundamentals Vs Peers
Comparing Dunham Dynamic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dunham Dynamic's direct or indirect competition across all of the common fundamentals between Dunham Dynamic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dunham Dynamic or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Dunham Dynamic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Dunham Dynamic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Dunham Dynamic to competition |
| Fundamentals | Dunham Dynamic | Peer Average |
| Price To Earning | 17.13 X | 6.53 X |
| Price To Book | 1.87 X | 0.74 X |
| Price To Sales | 1.16 X | 0.61 X |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 5.40 % | 0.39 % |
| One Year Return | 20.18 % | 4.15 % |
| Three Year Return | 4.26 % | 3.60 % |
| Five Year Return | 4.36 % | 3.24 % |
| Ten Year Return | 0.68 % | 1.79 % |
| Net Asset | 42.55 M | 4.11 B |
| Last Dividend Paid | 0.04 | 0.65 |
| Cash Position Weight | 27.90 % | 10.61 % |
| Equity Positions Weight | 22.47 % | 63.90 % |
| Bond Positions Weight | 0.10 % | 11.24 % |
Dunham Dynamic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Dunham . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 11.75 | |||
| Day Typical Price | 11.75 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.06 | |||
| Relative Strength Index | 64.0 |
About Dunham Dynamic Buy or Sell Advice
When is the right time to buy or sell Dunham Dynamic Macro? Buying financial instruments such as Dunham Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Dunham Dynamic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wholesale Theme or any other thematic opportunities.
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Check out Dunham Dynamic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.