Dunham Mutual Fund Alpha and Beta Analysis

DCREX
 Fund
  

USD 11.45  0.30  2.69%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Dunham Real Estate. It also helps investors analyze the systematic and unsystematic risks associated with investing in Dunham Real over a specified time horizon. Remember, high Dunham Real'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 Real Backtesting, Portfolio Optimization, Dunham Real Correlation, Dunham Real Hype Analysis, Dunham Real Volatility, Dunham Real History and analyze Dunham Real Performance.
  
Please note that although Dunham Real 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 Real did 0.22  worse 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 Real Estate fund's relative risk over its benchmark. Dunham Real Estate has a beta of 0.13  . Let's try to break down what Dunham's beta means in this case. As returns on the market increase, Dunham Real returns are expected to increase less than the market. However, during the bear market, the loss on holding Dunham Real will be expected to be smaller as well.
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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 Real Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Dunham Real market risk premium is the additional return an investor will receive from holding Dunham Real 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 Real. 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 Real's performance over market.
α-0.22   β0.13
90 days against DJI

Dunham Real 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 Real's Buy-and-hold return. Our buy-and-hold chart shows how Dunham Real performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Dunham Real Market Price Analysis

Market price analysis indicators help investors to evaluate how Dunham Real 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 Real shares will generate the highest return on investment. By understating and applying Dunham Real mutual fund market price indicators, traders can identify Dunham Real position entry and exit signals to maximize returns.

Dunham Real Return and Market Media

The median price of Dunham Real for the period between Sun, Jul 3, 2022 and Sat, Oct 1, 2022 is 13.26 with a coefficient of variation of 5.48. The daily time series for the period is distributed with a sample standard deviation of 0.73, arithmetic mean of 13.27, and mean deviation of 0.52. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Dunham Real 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 financial instruments including Dunham or other funds. Alpha measures the amount that position in Dunham Real Estate 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.
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 Real 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 Real's short interest history, or implied volatility extrapolated from Dunham Real options trading.

Build Portfolio with Dunham Real

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.

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Continue to Dunham Real Backtesting, Portfolio Optimization, Dunham Real Correlation, Dunham Real Hype Analysis, Dunham Real Volatility, Dunham Real History and analyze Dunham Real Performance. Note that the Dunham Real Estate information on this page should be used as a complementary analysis to other Dunham Real'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Dunham Mutual Fund analysis

When running Dunham Real Estate price analysis, check to measure Dunham Real'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 Real is operating at the current time. Most of Dunham Real's value examination focuses on studying past and present price action to predict the probability of Dunham Real's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dunham Real's price. Additionally, you may evaluate how the addition of Dunham Real to your portfolios can decrease your overall portfolio volatility.
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Dunham Real 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, fund market cycles, or different charting patterns.
A focus of Dunham Real technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dunham Real 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...