Destra Multi Alternative Fund Buy Hold or Sell Recommendation
| DMA Fund | USD 8.97 0.06 0.67% |
Considering the 90-day investment horizon and your slightly conservative level of risk, our recommendation regarding Destra Multi Alternative is 'Hold'. Macroaxis provides Destra Multi-alternativ buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DMA positions.
Check out Destra Multi-alternativ Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Destra and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Destra Multi Alternative. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in population.
Destra |
Execute Destra Multi-alternativ Buy or Sell Advice
The Destra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Destra Multi Alternative. Macroaxis does not own or have any residual interests in Destra Multi Alternative or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Destra Multi-alternativ's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details |
Destra Multi-alternativ Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: MFA Financial Shares Cross Below 200 DMA - Nasdaq |
Destra Multi-alternativ Returns Distribution Density
The distribution of Destra Multi-alternativ's historical returns is an attempt to chart the uncertainty of Destra Multi-alternativ's future price movements. The chart of the probability distribution of Destra Multi-alternativ daily returns describes the distribution of returns around its average expected value. We use Destra Multi Alternative price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Destra Multi-alternativ returns is essential to provide solid investment advice for Destra Multi-alternativ.
| Mean Return | 0.13 | Value At Risk | -1.02 | Potential Upside | 1.37 | Standard Deviation | 0.69 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Destra Multi-alternativ historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Destra Multi-alternativ Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Destra Multi-alternativ or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Destra Multi-alternativ's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Destra fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | -0.0046 |
Destra Multi-alternativ Volatility Alert
Destra Multi Alternative exhibits relatively low volatility with skewness of 0.09 and kurtosis of 0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Destra Multi-alternativ's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Destra Multi-alternativ's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Destra Multi-alternativ Fundamentals Vs Peers
Comparing Destra Multi-alternativ's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Destra Multi-alternativ's direct or indirect competition across all of the common fundamentals between Destra Multi-alternativ and the related equities. This way, we can detect undervalued stocks with similar characteristics as Destra Multi-alternativ or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Destra Multi-alternativ's fundamental indicators could also be used in its relative valuation, which is a method of valuing Destra Multi-alternativ by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Destra Multi-alternativ to competition |
| Fundamentals | Destra Multi-alternativ | Peer Average |
| Price To Earning | 28.09 X | 6.53 X |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 7.89 % | 0.39 % |
| One Year Return | 11.60 % | 4.15 % |
| Three Year Return | 3.61 % | 3.60 % |
| Five Year Return | 1.63 % | 3.24 % |
| Last Dividend Paid | 0.46 | 0.65 |
Destra Multi-alternativ Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Destra . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Destra Multi-alternativ Buy or Sell Advice
When is the right time to buy or sell Destra Multi Alternative? Buying financial instruments such as Destra Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Destra Multi-alternativ in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marketing Theme or any other thematic opportunities.
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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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