Destinations Equity Income Fund Price on May 22, 3024
DGEZX Fund | USD 12.49 0.06 0.48% |
Below is the normalized historical share price chart for Destinations Equity Income extending back to July 16, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Destinations Equity stands at 12.49, as last reported on the 11th of December 2024, with the highest price reaching 12.49 and the lowest price hitting 12.49 during the day.
If you're considering investing in Destinations Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Destinations Mutual Fund to be very steady. Destinations Equity secures Sharpe Ratio (or Efficiency) of 0.0904, which denotes the fund had a 0.0904% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Destinations Equity Income, which you can use to evaluate the volatility of the entity. Please confirm Destinations Equity's Downside Deviation of 0.4427, mean deviation of 0.3954, and Coefficient Of Variation of 1044.19 to check if the risk estimate we provide is consistent with the expected return of 0.045%.
Destinations Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Destinations |
Sharpe Ratio = 0.0904
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Estimated Market Risk
0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Destinations Equity is performing at about 7% of its full potential. 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 Equity by adding it to a well-diversified portfolio.
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.
About Destinations Equity Mutual Fund history
Destinations Equity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Destinations is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Destinations Equity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Destinations Equity stock prices may prove useful in developing a viable investing in Destinations Equity
The fund will invest at least 80 percent of its net assets in dividend-paying equity securities of both U.S.-based and foreign companies. It invests primarily in common stock, preferred stock, interests in REITs, foreign securities, depositary receipts, equity-linked notes and derivatives that are believed to be attractively valued and to have the potential for long-term growth. The fund typically will invest in foreign securities, including securities of issuers located in emerging markets.
Destinations Equity Mutual Fund Technical Analysis
Destinations Equity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Destinations Equity Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Destinations Equity Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Destinations Equity December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Destinations Equity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Destinations Equity shares will generate the highest return on investment. By undertsting and applying Destinations Equity mutual fund market strength indicators, traders can identify Destinations Equity Income entry and exit signals to maximize returns
Destinations Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Destinations Equity's price direction in advance. Along with the technical and fundamental analysis of Destinations Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Destinations to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0644 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.18) | |||
Treynor Ratio | 0.0689 |
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Volume Indicators |
Other Information on Investing in Destinations Mutual Fund
Destinations Equity 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 Equity security.
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