Destinations Multi Strategy Fund Manager Performance Evaluation
| DMSFX Fund | USD 10.29 0.01 0.1% |
The fund shows a Beta (market volatility) of 0.0998, which means not very significant fluctuations relative to the market. As returns on the market increase, Destinations Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Destinations Multi is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Destinations Multi Strategy has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Destinations Multi is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.3700 |
Destinations |
Destinations Multi Relative Risk vs. Return Landscape
If you would invest 1,049 in Destinations Multi Strategy on October 10, 2024 and sell it today you would lose (19.00) from holding Destinations Multi Strategy or give up 1.81% of portfolio value over 90 days. Destinations Multi Strategy is currently producing negative expected returns and takes up 0.4074% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Destinations, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Destinations Multi Current Valuation
Fairly Valued
Today
Please note that Destinations Multi's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Destinations Multi shows a prevailing Real Value of $10.34 per share. The current price of the fund is $10.29. We determine the value of Destinations Multi from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Destinations Multi is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Destinations Mutual Fund. However, Destinations Multi's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.29 | Real 10.34 | Hype 10.3 |
The intrinsic value of Destinations Multi's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Destinations Multi's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Destinations Multi Strategy helps investors to forecast how Destinations mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Destinations Multi more accurately as focusing exclusively on Destinations Multi's fundamentals will not take into account other important factors: Destinations Multi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Destinations Multi's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Destinations Multi Strategy, and traders can use it to determine the average amount a Destinations Multi's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0715
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DMSFX |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 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 Multi 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 Multi by adding Destinations Multi to a well-diversified portfolio.
Destinations Multi Fundamentals Growth
Destinations Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Destinations Multi, and Destinations Multi fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Destinations Mutual Fund performance.
| Total Asset | 1.25 B | ||||
About Destinations Multi Performance
Evaluating Destinations Multi's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Destinations Multi has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Destinations Multi has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks capital appreciation with reduced correlation to equity and fixed income markets. Destinations Multi is traded on NASDAQ Exchange in the United States.Things to note about Destinations Multi performance evaluation
Checking the ongoing alerts about Destinations Multi for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Destinations Multi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Destinations Multi generated a negative expected return over the last 90 days | |
| The fund retains about 23.57% of its assets under management (AUM) in cash |
- Analyzing Destinations Multi's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Destinations Multi's stock is overvalued or undervalued compared to its peers.
- Examining Destinations Multi's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Destinations Multi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Destinations Multi's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Destinations Multi's mutual fund. These opinions can provide insight into Destinations Multi's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Destinations Mutual Fund
Destinations Multi 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 Multi security.
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