Destinations Low Duration Fund Manager Performance Evaluation
| DLDFX Fund | USD 9.33 0.01 0.11% |
The fund shows a Beta (market volatility) of -0.0064, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Destinations Low are expected to decrease at a much lower rate. During the bear market, Destinations Low is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Destinations Low Duration has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Destinations Low is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.9400 |
Destinations |
Destinations Low Relative Risk vs. Return Landscape
If you would invest 937.00 in Destinations Low Duration on September 23, 2024 and sell it today you would lose (4.00) from holding Destinations Low Duration or give up 0.43% of portfolio value over 90 days. Destinations Low Duration is currently producing negative expected returns and takes up 0.1017% volatility of returns over 90 trading days. Put another way, 0% 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 Low Current Valuation
Fairly Valued
Today
Please note that Destinations Low's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Destinations Low Duration shows a prevailing Real Value of $9.33 per share. The current price of the fund is $9.33. We determine the value of Destinations Low Duration 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 Low is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Destinations Mutual Fund. However, Destinations Low'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 9.33 | Real 9.33 | Hype 9.33 | Naive 9.34 |
The intrinsic value of Destinations Low'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 Low'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 Low Duration 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 Low more accurately as focusing exclusively on Destinations Low's fundamentals will not take into account other important factors: Destinations Low Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Destinations Low's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Destinations Low Duration, and traders can use it to determine the average amount a Destinations Low'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 = -0.0642
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| DLDFX |
Based on monthly moving average Destinations Low 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 Low by adding Destinations Low to a well-diversified portfolio.
Destinations Low Fundamentals Growth
Destinations Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Destinations Low, and Destinations Low 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 | 505.33 M | ||||
About Destinations Low Performance
Evaluating Destinations Low's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Destinations Low 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 Low 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 fund will invest at least 80 percent of its total assets in a diversified portfolio of fixed income securities. It will normally be constructed with an average duration of three years or less. The fund primarily invests in bonds, debt, fixed income and income-producing instruments issued by governmental or private-sector entities, including mortgage-backed securities, asset-backed securities, junk bonds, corporate debt, foreign securities, inflation-indexed bonds, bank loans and assignments, collateralized loan obligations, preferred securities and SPACs.Things to note about Destinations Low Duration performance evaluation
Checking the ongoing alerts about Destinations Low for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Destinations Low Duration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Destinations Low generated a negative expected return over the last 90 days | |
| The fund retains about 21.67% of its assets under management (AUM) in cash |
- Analyzing Destinations Low'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 Low's stock is overvalued or undervalued compared to its peers.
- Examining Destinations Low'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 Low's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Destinations Low's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Destinations Low's mutual fund. These opinions can provide insight into Destinations Low's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Destinations Mutual Fund
Destinations Low 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 Low security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |