Destinations Small Mid Cap Fund Manager Performance Evaluation
| DSMFX Fund | USD 13.57 0.15 1.12% |
The fund shows a Beta (market volatility) of 1.74, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Destinations Small will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days Destinations Small Mid Cap has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Destinations Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.0400 |
Destinations |
Destinations Small Relative Risk vs. Return Landscape
If you would invest 1,425 in Destinations Small Mid Cap on September 23, 2024 and sell it today you would lose (68.00) from holding Destinations Small Mid Cap or give up 4.77% of portfolio value over 90 days. Destinations Small Mid Cap is currently producing negative expected returns and takes up 1.7086% volatility of returns over 90 trading days. Put another way, 15% 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 Small Current Valuation
Fairly Valued
Today
Please note that Destinations Small's price fluctuation is not too volatile at this time. At this time, the entity appears to be fairly valued. Destinations Small Mid shows a prevailing Real Value of $13.82 per share. The current price of the fund is $13.57. We determine the value of Destinations Small Mid 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 Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Destinations Mutual Fund. However, Destinations Small'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 13.57 | Real 13.82 | Hype 13.57 | Naive 12.69 |
The intrinsic value of Destinations Small'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 Small'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 Small Mid Cap 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 Small more accurately as focusing exclusively on Destinations Small's fundamentals will not take into account other important factors: Destinations Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Destinations Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Destinations Small Mid Cap, and traders can use it to determine the average amount a Destinations Small'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 = -0.0352
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DSMFX |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Destinations Small 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 Small by adding Destinations Small to a well-diversified portfolio.
Destinations Small Fundamentals Growth
Destinations Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Destinations Small, and Destinations Small 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 | 1.34 B | ||||
About Destinations Small Performance
Evaluating Destinations Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Destinations Small 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 Small 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 net assets in the equity securities of small- and mid-capitalization companies. It invests primarily in common and preferred stock, rights or warrants to purchase common or preferred stock, securities convertible into common or preferred stock such as convertible preferred stock, bonds or debentures, and other securities with equity characteristics. The fund may invest a portion of its assets in securities of micro-cap companies.Things to note about Destinations Small Mid performance evaluation
Checking the ongoing alerts about Destinations Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Destinations Small Mid help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Destinations Small generated a negative expected return over the last 90 days | |
| The fund retains 97.75% of its assets under management (AUM) in equities |
- Analyzing Destinations Small'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 Small's stock is overvalued or undervalued compared to its peers.
- Examining Destinations Small'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 Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Destinations Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Destinations Small's mutual fund. These opinions can provide insight into Destinations Small's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Destinations Mutual Fund
Destinations Small 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 Small security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
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