Destra International Financials
| CEDAX Fund | USD 23.32 0.04 0.17% |
Destra |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Destra International Fund Summary
Destra International competes with Fidelity Capital, Virtus High, Neuberger Berman, Blackrock High, and Buffalo High. Destra International is entity of United States. It is traded as Fund on NMFQS exchange.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Destra International Key Financial Ratios
Destra Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Destra International's current stock value. Our valuation model uses many indicators to compare Destra International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Destra International competition to find correlations between indicators driving Destra International's intrinsic value. More Info.Destra International Event Driven is fifth largest fund in annual yield among similar funds. It is rated below average in year to date return among similar funds creating about 485.17 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Destra International's earnings, one of the primary drivers of an investment's value.Destra International Systematic Risk
Destra International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Destra International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Destra International correlated with the market. If Beta is less than 0 Destra International generally moves in the opposite direction as compared to the market. If Destra International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Destra International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Destra International is generally in the same direction as the market. If Beta > 1 Destra International moves generally in the same direction as, but more than the movement of the benchmark.
Destra International December 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Destra International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Destra International Event Driven. We use our internally-developed statistical techniques to arrive at the intrinsic value of Destra International Event Driven based on widely used predictive technical indicators. In general, we focus on analyzing Destra Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Destra International's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.41 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.4748 |
Other Information on Investing in Destra Mutual Fund
Destra International financial ratios help investors to determine whether Destra Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Destra with respect to the benefits of owning Destra International security.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |