Dunham Small Correlations

Mutual Funds . USA . 
Fund . Dunham Small Cap
DNSVX Fund  USD 15.13  0.23  1.54%   
The current 90-days correlation between Dunham Small Cap and Lord Abbett Diversified is 0.72 (i.e., Poor diversification). The correlation of Dunham Small 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 Small Correlation With Market

Very poor diversification

The correlation between Dunham Small Cap and DJI is 0.84 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dunham Small Cap 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 Small Cap. 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 real.

Moving together with DUNHAM Mutual Fund

  0.9DNAVX Dunham Dynamic MacroPairCorr
  0.9DNAIX Dunham AppreciationPairCorr
  0.77DNCGX Dunham PorategovernmentPairCorr
  0.96DNDGX Dunham Small CapPairCorr
  0.97DNEMX Dunham Emerging MarketsPairCorr
  0.96DNFGX Dunham Focused LargePairCorr
  0.97DNFRX Dunham Floating RatePairCorr
  0.95DNIOX Dunham InternationalPairCorr
  0.95DNINX Dunham InternationalPairCorr
  0.96DNHYX Dunham High YieldPairCorr
  0.99DNLVX Dunham Large CapPairCorr
  0.96DNMDX Dunham Monthly DistrPairCorr
  0.91DNREX Dunham Real EstatePairCorr
  0.97DNSPX Dunham Enhanced MarketPairCorr
  0.87DAAIX Dunham AppreciationPairCorr
  0.88DAAVX Dunham Dynamic MacroPairCorr
  0.78DACGX Dunham PorategovernmentPairCorr
  0.96DADGX Dunham Small CapPairCorr
  0.96DAEMX Dunham Emerging MarketsPairCorr
  0.96DAFRX Dunham Floating RatePairCorr
  0.95DAFGX Dunham Focused LargePairCorr
  0.96DAHYX Dunham High YieldPairCorr
  0.93DAIOX Dunham InternationalPairCorr
  0.95DAINX Dunham InternationalPairCorr
  0.97DALVX Dunham Large CapPairCorr
  0.96DAMDX Dunham Monthly DistrPairCorr
  0.91DAREX Dunham Real EstatePairCorr
  0.97DASPX Dunham Enhanced MarketPairCorr
  0.97DASVX Dunham Small CapPairCorr
  0.87DCAVX Dunham Dynamic MacroPairCorr
  0.85DCAIX Dunham AppreciationPairCorr
  0.74DCCGX Dunham PorategovernmentPairCorr
  0.96DCDGX Dunham Small CapPairCorr
  0.97DCEMX Dunham Emerging MarketsPairCorr
  0.96DCFGX Dunham Focused LargePairCorr
  0.96DCFRX Dunham Floating RatePairCorr
  0.94DCIOX Dunham InternationalPairCorr
  0.95DCINX Dunham InternationalPairCorr
  0.97DCHYX Dunham High YieldPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between DUNHAM Mutual Fund performing well and Dunham Small 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 Small'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