Destra Multi-alternativ Financial Statements From 2010 to 2024
| DMA Fund | USD 8.97 0.06 0.67% |
Market Capitalization 57.9 M |
Check Destra Multi-alternativ financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Destra Multi-alternativ's main balance sheet or income statement drivers, such as , as well as many indicators such as . Destra financial statements analysis is a perfect complement when working with Destra Multi-alternativ Valuation or Volatility modules.
Destra |
Destra Multi Alternative Fund One Year Return Analysis
Destra Multi-alternativ's 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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Destra Multi-alternativ One Year Return | 11.60 % |
Most of Destra Multi-alternativ's fundamental indicators, such as One 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 Multi Alternative is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Destra Multi Alternative has an One Year Return of 11.5956%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The one year return for all United States funds is notably lower than that of the firm.
Destra Multi Alternative Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Destra Multi-alternativ's current stock value. Our valuation model uses many indicators to compare Destra Multi-alternativ value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Destra Multi-alternativ competition to find correlations between indicators driving Destra Multi-alternativ's intrinsic value. More Info.Destra Multi Alternative is rated # 2 fund in price to earning among similar funds. It is rated below average in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Destra Multi Alternative is about 4,131 . 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 Multi-alternativ's earnings, one of the primary drivers of an investment's value.About Destra Multi-alternativ Financial Statements
Destra Multi-alternativ stakeholders use historical fundamental indicators, such as Destra Multi-alternativ's revenue or net income, to determine how well the company is positioned to perform in the future. Although Destra Multi-alternativ investors may analyze each financial statement separately, they are all interrelated. For example, changes in Destra Multi-alternativ's assets and liabilities are reflected in the revenues and expenses on Destra Multi-alternativ's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Destra Multi Alternative. Please read more on our technical analysis and fundamental analysis pages.
Multi-Strategy Growth Income Fund is a closed ended balanced mutual fund launched and managed by Pinhook Capital, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund primarily invests directly, in other funds, and through derivatives such as options to invest in stocks of companies operating in the real estate sector, including real estate investment trusts. It invests in stocks of companies across all market capitalizations. For its fixed income portfolio, the fund invests in structured notes, notes, bonds and asset-backed securities. It employs a combination of fundamental and quantitative analysis while focusing on factors such as highest expected income, potential for capital appreciation, and relatively low volatility to create its portfolio. Multi-Strategy Growth Income Fund was formed on June 3, 2011 and is domiciled in the United States.
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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 Fund
Destra Multi-alternativ financial ratios help investors to determine whether Destra 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 Multi-alternativ security.
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