Dunham International Opportunity Fund Quote
| DAIOX Fund | USD 7.61 0.02 0.26% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Dunham International is trading at 7.61 as of the 27th of April 2024; that is 0.26 percent increase since the beginning of the trading day. The fund's open price was 7.59. Dunham International has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Dunham International Opportunity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 27th of April 2024. Click here to learn more.
The funds sub-adviser seeks to achieve its investment objectives by investing, under normal market conditions, at least 80 percent of the funds assets in bonds. Dunham International is traded on NASDAQ Exchange in the United States. More on Dunham International Opportunity
Moving together with Dunham Mutual Fund
| 0.86 | DNAVX | Dunham Dynamic Macro | PairCorr |
| 0.71 | DNEMX | Dunham Emerging Markets | PairCorr |
| 0.66 | DNFGX | Dunham Focused Large | PairCorr |
| 0.67 | DNFRX | Dunham Floating Rate | PairCorr |
Dunham Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dunham International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dunham International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Dunham Funds, World Bond Funds, World Bond, Dunham Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Dunham International Opportunity [DAIOX] is traded in USA and was established 27th of April 2024. Dunham International is listed under Dunham Funds category by Fama And French industry classification. The fund is listed under World Bond category and is part of Dunham Funds family. This fund currently has accumulated 53.55 M in assets under management (AUM) with no minimum investment requirementsDunham International is currently producing year-to-date (YTD) return of 0.48% with the current yeild of 0.0%, while the total return for the last 3 years was -1.24%.
Check Dunham International Probability Of Bankruptcy
Instrument Allocation
Dunham International Target Price Odds Analysis
Based on a normal probability distribution, the odds of Dunham International jumping above the current price in 90 days from now is about 69.6%. The Dunham International Opportunity probability density function shows the probability of Dunham International mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Dunham International has a beta of 0.0809 suggesting as returns on the market go up, Dunham International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dunham International Opportunity will be expected to be much smaller as well. Additionally, dunham International Opportunity has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Dunham International to move above the current price in 90 days from now is about 69.6 (This Dunham International Opportunity probability density function shows the probability of Dunham Mutual Fund to fall within a particular range of prices over 90 days) .
Dunham International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dunham International market risk premium is the additional return an investor will receive from holding Dunham International 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 International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Dunham International's alpha and beta are two of the key measurements used to evaluate Dunham International's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1918 | |||
| Semi Deviation | 0.2207 | |||
| Standard Deviation | 0.2523 | |||
| Variance | 0.0636 |
Dunham International Against Markets
Picking the right benchmark for Dunham International mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dunham International mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dunham International is critical whether you are bullish or bearish towards Dunham International Opportunity at a given time. Please also check how Dunham International's historical prices are related to one of the top price index indicators.
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How to buy Dunham Mutual Fund?
Before investing in Dunham International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dunham International. To buy Dunham International fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dunham International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dunham International fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dunham International Opportunity fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dunham International Opportunity fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Dunham International Opportunity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Dunham International Opportunity?
The danger of trading Dunham International Opportunity is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dunham International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dunham International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dunham International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dunham International Opportunity. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.