Destinations Large Cap Fund Price on May 3, 2024
| DLCFX Fund | USD 15.51 0.08 0.52% |
Below is the normalized historical share price chart for Destinations Large Cap extending back to March 20, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Destinations Large stands at 15.51, as last reported on the 24th of December, with the highest price reaching 15.51 and the lowest price hitting 15.51 during the day.
If you're considering investing in Destinations Mutual Fund, it is important to understand the factors that can impact its price. Destinations Large Cap secures Sharpe Ratio (or Efficiency) of -0.067, which denotes the fund had a -0.067% return per unit of risk over the last 3 months. Destinations Large Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Destinations Large's Standard Deviation of 2.05, variance of 4.22, and Mean Deviation of 0.7611 to check the risk estimate we provide.
Destinations Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Destinations |
Sharpe Ratio = -0.067
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| Negative Returns | DLCFX |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Destinations Large is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Destinations Large by adding Destinations Large to a well-diversified portfolio.
Destinations Large Valuation on May 3, 2024
It is possible to determine the worth of Destinations Large on a given historical date. On May 3, 2024 Destinations was worth 15.67 at the beginning of the trading date compared to the closed value of 15.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Destinations Large mutual fund. Still, in general, we apply an absolute valuation method to find Destinations Large's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Destinations Large where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Destinations Large's related companies.
| Open | High | Low | Close | Volume | |
| 15.51 | 15.51 | 15.51 | 15.51 | 1.00 | |
05/03/2024 | 15.67 | 15.67 | 15.67 | 15.67 | 1.00 |
| 15.86 | 15.86 | 15.86 | 15.86 | 1.00 |
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Destinations Large Trading Date Momentum on May 3, 2024
| On May 06 2024 Destinations Large Cap was traded for 15.86 at the closing time. The highest daily price throughout the period was 15.86 and the lowest price was 15.86 . There was no trading activity during the period 1.0. Lack of trading volume on 05/06/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.21% . The overall trading delta to current closing price is 1.79% . |
Destinations Large Cap Fundamentals Correlations and Trends
By evaluating Destinations Large's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Destinations Large's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Destinations financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Destinations Large Mutual Fund history
Destinations Large investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Destinations is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Destinations Large Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Destinations Large stock prices may prove useful in developing a viable investing in Destinations Large
The fund will invest at least 80 percent of its net assets in the equity securities of large capitalization companies. It invests primarily in common and preferred stock, rights or warrants to purchase common or preferred stock, interests in Real Estate Investment Trusts , securities convertible into common or preferred stock such as convertible preferred stock, bonds or debentures, and other securities with equity characteristics. The fund may also invest in futures contracts for speculative or hedging purposes.
Destinations Large Mutual Fund Technical Analysis
Destinations Large 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.
Price Boundaries
Destinations Large Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Destinations Large Cap cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Destinations Large December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Destinations Large 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 Destinations Large shares will generate the highest return on investment. By undertsting and applying Destinations Large mutual fund market strength indicators, traders can identify Destinations Large Cap entry and exit signals to maximize returns
Destinations Large Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Destinations Large's price direction in advance. Along with the technical and fundamental analysis of Destinations Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Destinations to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.09) |
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Other Information on Investing in Destinations Mutual Fund
Destinations Large financial ratios help investors to determine whether Destinations 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 Destinations with respect to the benefits of owning Destinations Large security.
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