Dunham Mutual Fund Manager Performance Evaluation

DNLVX -  USA Fund  

USD 18.74  0.24  1.30%

The fund shows a Beta (market volatility) of 1.0046, which means a somewhat significant risk relative to the market. Let's try to break down what Dunham's beta means in this case. Dunham Large returns are very sensitive to returns on the market. As the market goes up or down, Dunham Large is expected to follow. Although it is extremely important to respect Dunham Large Cap historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Dunham Large Cap technical indicators, you can presently evaluate if the expected return of 0.0284% will be sustainable into the future.

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 Dunham Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Dunham Large Cap are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Dunham Large is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low13.44
Fifty Two Week High18.98
Annual Report Expense Ratio1.24%

Dunham Large Relative Risk vs. Return Landscape

If you would invest  1,854  in Dunham Large Cap on June 30, 2021 and sell it today you would earn a total of  20.00  from holding Dunham Large Cap or generate 1.08% return on investment over 90 days. Dunham Large Cap is currently producing 0.0284% returns and takes up 0.671% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Dunham, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Dunham Large is expected to generate 0.99 times more return on investment than the market. However, the company is 1.01 times less risky than the market. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of risk.

Dunham Large Current Valuation

Fairly Valued
Today
18.74
28th of September 2021
Share
Please note that Dunham Large's price fluctuation is very steady at this time.
Dunham Large Cap shows a prevailing Real Value of $18.66 per share. The current price of the fund is $18.74. At this time, the entity appears to be fairly valued. We determine the value of Dunham Large Cap from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued instruments and dropping overvalued instruments since, at some point, stock prices and their ongoing real values will submerge.
Our valuation method for Dunham Large Cap is useful when determining the fair value of the Dunham mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Dunham Large. Since Dunham Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dunham Mutual Fund. However, Dunham Large's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
18.66
Real Value
19.41
Upside
Estimating the potential upside or downside of Dunham Large Cap helps investors to forecast how Dunham mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Dunham Large more accurately as focusing exclusively on Dunham Large's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.3018.6218.93
Details
Hype
Prediction
LowEstimated ValueHigh
17.9918.7419.49
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.220.220.23
Details

Dunham Large Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunham Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Dunham Large Cap, and traders can use it to determine the average amount a Dunham Large's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0423

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Estimated Market Risk
 0.67
  actual daily
 
 5 %
of total potential
 
55
Expected Return
 0.03
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.04
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 3 %
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33
Based on monthly moving average Dunham Large is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dunham Large by adding it to a well-diversified portfolio.

About Dunham Large Performance

To evaluate Dunham Large Cap Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Dunham Large generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Dunham Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Dunham Large Cap stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Dunham's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks to maximize total return from capital appreciation and dividends. Dunham Large is traded on NASDAQ Exchange in the United States.

Things to note about Dunham Large Cap

Checking the ongoing alerts about Dunham Large for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dunham Large Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Dunham Large Alerts

Equity Alerts and Improvement Suggestions

The fund retains 97.68% of its assets under management (AUM) in equities
Continue to Investing Opportunities. Note that the Dunham Large Cap information on this page should be used as a complementary analysis to other Dunham Large'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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