Dunham Monthly Distribution Fund Market Capitalization
| DNMDX Fund | USD 28.97 0.01 0.03% |
Dunham Monthly Distribution fundamentals help investors to digest information that contributes to Dunham Monthly's financial success or failures. It also enables traders to predict the movement of Dunham Mutual Fund. The fundamental analysis module provides a way to measure Dunham Monthly's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dunham Monthly mutual fund.
Dunham |
Dunham Monthly Distribution Mutual Fund Market Capitalization Analysis
Dunham Monthly's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Based on the recorded statements, the market capitalization of Dunham Monthly Distribution is about 0.0. This indicator is about the same for the Dunham Funds average (which is currently at 0.0) family and about the same as Event Driven (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Did you try this?
Run Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
Fund Asset Allocation for Dunham Monthly
The fund invests 56.48% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (43.52%) .Asset allocation divides Dunham Monthly's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Dunham Fundamentals
| Price To Earning | 15.51 X | ||||
| Price To Book | 2.28 X | ||||
| Price To Sales | 0.96 X | ||||
| Total Asset | 153.51 M | ||||
| Annual Yield | 0.09 % | ||||
| Year To Date Return | 0.20 % | ||||
| One Year Return | 2.72 % | ||||
| Three Year Return | 0.92 % | ||||
| Five Year Return | 1.56 % | ||||
| Ten Year Return | 3.47 % | ||||
| Net Asset | 192.23 M | ||||
| Cash Position Weight | 43.52 % | ||||
| Equity Positions Weight | 56.48 % |
About Dunham Monthly Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dunham Monthly Distribution's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dunham Monthly using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dunham Monthly Distribution based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Dunham Monthly
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dunham Monthly position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dunham Monthly will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dunham Monthly could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dunham Monthly when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dunham Monthly - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dunham Monthly Distribution to buy it.
The correlation of Dunham Monthly is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dunham Monthly moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dunham Monthly Distr moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dunham Monthly can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dunham Monthly Distribution. 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 unemployment. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.