Dunham Appreciation Correlations

Mutual Funds . USA . 
Fund . Dunham Appreciation Income
DNAIX Fund  USD 8.81  0.01  0.11%   
The current 90-days correlation between Dunham Appreciation and Abs Insights Emerging is -0.12 (i.e., Good diversification). The correlation of Dunham Appreciation 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Dunham Appreciation Correlation With Market

Significant diversification

The correlation between Dunham Appreciation Income and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dunham Appreciation Income and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dunham Appreciation Income. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Dunham Mutual Fund

  0.87DNAVX Dunham Dynamic MacroPairCorr
  0.9DNCGX Dunham PorategovernmentPairCorr
  0.7DNDGX Dunham Small CapPairCorr
  0.86DNEMX Dunham Emerging MarketsPairCorr
  0.93DNFRX Dunham Floating RatePairCorr
  0.92DNIOX Dunham InternationalPairCorr
  0.95DNINX Dunham InternationalPairCorr
  0.96DNHYX Dunham High YieldPairCorr
  0.9DNLVX Dunham Large CapPairCorr
  0.94DNMDX Dunham Monthly DistrPairCorr
  0.88DNSVX Dunham Small CapPairCorr
  0.91DNSPX Dunham Enhanced MarketPairCorr
  0.99DAAIX Dunham AppreciationPairCorr
  0.87DAAVX Dunham Dynamic MacroPairCorr
  0.9DACGX Dunham PorategovernmentPairCorr
  0.68DADGX Dunham Small CapPairCorr
  0.86DAEMX Dunham Emerging MarketsPairCorr
  0.94DAFRX Dunham Floating RatePairCorr
  0.96DAHYX Dunham High YieldPairCorr
  0.92DAIOX Dunham InternationalPairCorr
  0.95DAINX Dunham InternationalPairCorr
  0.89DALVX Dunham Large CapPairCorr
  0.95DAMDX Dunham Monthly DistrPairCorr
  0.9DASPX Dunham Enhanced MarketPairCorr
  0.87DASVX Dunham Small CapPairCorr
  0.82DCAVX Dunham Dynamic MacroPairCorr
  0.99DCAIX Dunham AppreciationPairCorr
  0.89DCCGX Dunham PorategovernmentPairCorr
  0.68DCDGX Dunham Small CapPairCorr
  0.85DCEMX Dunham Emerging MarketsPairCorr
  0.92DCIOX Dunham InternationalPairCorr
  0.95DCINX Dunham InternationalPairCorr
  0.96DCHYX Dunham High YieldPairCorr
  0.89DCLVX Dunham Large CapPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Dunham Mutual Fund performing well and Dunham Appreciation Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dunham Appreciation's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY