Dunham Mutual Fund Alpha and Beta Analysis

DNLVX -  USA Fund  

USD 18.84  0.46  2.38%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Dunham Large Cap. It also helps investors analyze the systematic and unsystematic risks associated with investing in Dunham Large over a specified time horizon. Remember, high Dunham Large's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Dunham Large Backtesting, Portfolio Optimization, Dunham Large Correlation, Dunham Large Hype Analysis, Dunham Large Volatility, Dunham Large History and analyze Dunham Large Performance.

Dunham Beta 

 
Refresh
Please note that although Dunham Large alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Dunham Large did 0.015044  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Dunham Large Cap fund's relative risk over its benchmark. Dunham Large Cap has a beta of 0.08  . Let's try to break down what Dunham's beta means in this case. As returns on the market increase, returns on owning Dunham Large are expected to decrease at a much lower rate. During the bear market, Dunham Large is likely to outperform the market.
.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Dunham Large Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Dunham Large market risk premium is the additional return an investor will receive from holding Dunham Large long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dunham Large. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Dunham Large's performance over market.
α0.015044   β-0.08
90 days against DJI

Dunham Large expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Dunham Large's Buy-and-hold return. Our buy-and-hold chart shows how Dunham Large performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Dunham Large Market Price Analysis

Market price analysis indicators help investors to evaluate how Dunham Large mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dunham Large shares will generate the highest return on investment. By understating and applying Dunham Large mutual fund market price indicators, traders can identify Dunham Large position entry and exit signals to maximize returns.

Dunham Large Return and Market Media

The median price of Dunham Large for the period between Wed, Sep 1, 2021 and Tue, Nov 30, 2021 is 18.96 with a coefficient of variation of 2.49. The daily time series for the period is distributed with a sample standard deviation of 0.48, arithmetic mean of 19.12, and mean deviation of 0.43. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About Dunham Large Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Dunham Large Cap has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Dunham Large Investors Sentiment

The influence of Dunham Large's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dunham. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dunham Large in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dunham Large's short interest history, or implied volatility extrapolated from Dunham Large options trading.

Current Sentiment - DNLVX

Dunham Large Cap Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Dunham Large Cap. What is your opinion about investing in Dunham Large Cap? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Build Portfolio with Dunham Large

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Continue to Dunham Large Backtesting, Portfolio Optimization, Dunham Large Correlation, Dunham Large Hype Analysis, Dunham Large Volatility, Dunham Large History and analyze Dunham Large Performance. 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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Dunham Mutual Fund analysis

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.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Dunham Large technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Dunham Large technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dunham Large trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...