Destra International Event Driven Fund Fundamentals
| CEDAX Fund | USD 23.32 0.04 0.17% |
Destra International Event Driven fundamentals help investors to digest information that contributes to Destra International's financial success or failures. It also enables traders to predict the movement of Destra Mutual Fund. The fundamental analysis module provides a way to measure Destra International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Destra International mutual fund.
Destra |
Destra International Event Driven Mutual Fund Three Year Return Analysis
Destra International's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Destra International Three Year Return | 13.02 % |
Most of Destra International's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Destra International Event Driven is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Destra International Event Driven has a Three Year Return of 13.016%. This is much higher than that of the Category family and notably higher than that of the Family category. The three year return for all United States funds is notably lower than that of the firm.
Destra International Fundamental Drivers 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 Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Destra International's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Destra International could also be used in its relative valuation, which is a method of valuing Destra International by comparing valuation metrics of similar companies.Destra International is currently under evaluation in three year return among similar funds.
Destra Fundamentals
| Annual Yield | 0.01 % | |||
| Year To Date Return | 6.89 % | |||
| One Year Return | 7.42 % | |||
| Three Year Return | 13.02 % | |||
| Five Year Return | 12.87 % | |||
| Last Dividend Paid | 0.52 |
About Destra International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Destra International Event Driven's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Destra International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Destra International Event Driven based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Destra International is entity of United States. It is traded as Fund on NMFQS exchange.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |