Destinations Municipal Fixed Fund Manager Performance Evaluation

DMFZX Fund  USD 9.71  0.01  0.10%   
The fund shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Destinations Municipal are completely uncorrelated.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Destinations Municipal Fixed are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Destinations Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Destinations Municipal Relative Risk vs. Return Landscape

If you would invest  961.00  in Destinations Municipal Fixed on October 7, 2025 and sell it today you would earn a total of  10.00  from holding Destinations Municipal Fixed or generate 1.04% return on investment over 90 days. Destinations Municipal Fixed is currently producing 0.0167% returns and takes up 0.0818% 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  
Assuming the 90 days horizon Destinations Municipal is expected to generate 3.78 times less return on investment than the market. But when comparing it to its historical volatility, the company is 8.91 times less risky than the market. It trades about 0.2 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.09 of returns per unit of risk over similar time horizon.

Destinations Municipal Current Valuation

Overvalued
Today
9.71
Please note that Destinations Municipal's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Destinations Municipal shows a prevailing Real Value of $8.93 per share. The current price of the fund is $9.71. We determine the value of Destinations Municipal 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 Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Destinations Mutual Fund. However, Destinations Municipal'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  9.71 Real  8.93 Hype  9.71 Naive  9.71
The intrinsic value of Destinations Municipal'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 Municipal'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.
8.93
Real Value
10.68
Upside
Estimating the potential upside or downside of Destinations Municipal Fixed 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 Municipal more accurately as focusing exclusively on Destinations Municipal's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.699.719.72
Details
Hype
Prediction
LowEstimatedHigh
9.639.719.79
Details
Naive
Forecast
LowNext ValueHigh
9.639.719.79
Details

Destinations Municipal Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Destinations Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Destinations Municipal Fixed, and traders can use it to determine the average amount a Destinations Municipal'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 = 0.2046

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DMFZX
Based on monthly moving average Destinations Municipal is performing at about 16% 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 Municipal by adding it to a well-diversified portfolio.

Destinations Municipal Fundamentals Growth

Destinations Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Destinations Municipal, and Destinations Municipal 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 Asset964.75 M

About Destinations Municipal Performance

Evaluating Destinations Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Destinations Municipal 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 Municipal 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, under normal market conditions, at least 80 percent of its net assets in fixed income securities that pay interest that is exempt from regular federal income tax. Destinations Municipal is traded on NASDAQ Exchange in the United States.

Things to note about Destinations Municipal performance evaluation

Checking the ongoing alerts about Destinations Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Destinations Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains about 16.03% of its assets under management (AUM) in cash
Evaluating Destinations Municipal's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Destinations Municipal's mutual fund performance include:
  • Analyzing Destinations Municipal'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 Municipal's stock is overvalued or undervalued compared to its peers.
  • Examining Destinations Municipal'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 Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Destinations Municipal's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Destinations Municipal's mutual fund. These opinions can provide insight into Destinations Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Destinations Municipal's mutual fund performance is not an exact science, and many factors can impact Destinations Municipal's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Destinations Mutual Fund

Destinations Municipal 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 Municipal security.
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