Array Biopharma Stock Drops Amid Market Volatility
| DMSZX Fund | USD 10.29 0.02 0.19% |
Slightly above 55% of Destinations Multi's investor base is interested to short. The analysis of overall sentiment of trading Destinations Multi Strategy mutual fund suggests that many investors are impartial at this time. Destinations Multi's investing sentiment can be driven by a variety of factors including economic data, Destinations Multi's earnings reports, geopolitical events, and overall market trends.
Destinations |
Array Biopharma experienced a significant stock drop, declining by 5.03 percent to 5.67 per share. The trading volume reached 3.94 million shares with a turnov
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Destinations Multi Fundamental Analysis
We analyze Destinations Multi's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Destinations Multi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Destinations Multi 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.
One Year Return
One Year Return Comparative Analysis
Destinations Multi is rated # 2 fund in one year return among similar funds. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Destinations Multi Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Destinations Multi mutual fund to make a market-neutral strategy. Peer analysis of Destinations Multi could also be used in its relative valuation, which is a method of valuing Destinations Multi by comparing valuation metrics with similar companies.
Peers
Destinations Multi Related Equities
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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