Destiny Tech100 Stock Performance
| DXYZ Stock | 39.98 3.61 8.28% |
Destiny Tech100 holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 6.44, 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, Destiny Tech100 will likely underperform. Use Destiny Tech100 expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to analyze future returns on Destiny Tech100.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Destiny Tech100 are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Destiny Tech100 showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (8.28) | Five Day Return 2.51 | Year To Date Return 344.22 | Ten Year Return 344.22 | All Time Return 344.22 |
1 | Destiny Tech100 And The Dark Side Of Investment Democratization - Seeking Alpha | 09/11/2024 |
2 | Twist Bioscience Posts Upbeat Results, Joins Tesla, Amylyx Pharmaceuticals, Regenxbio And Other Big Stocks Moving Higher On Monday | 11/18/2024 |
3 | SpaceXs Starlink Enables Real Time Views Of Earth During Starships 6th Test Flight Could It Be The Future Of Space Connectivity | 11/20/2024 |
4 | SpaceXs Starlink Direct-To-Cell Service Gets Commercial License From FCC Heres What It Means | 11/27/2024 |
| Begin Period Cash Flow | 12 M | |
| Price Earnings Ratio | 222.1111 | |
| Free Cash Flow | -11.7 M |
Destiny |
Destiny Tech100 Relative Risk vs. Return Landscape
If you would invest 1,152 in Destiny Tech100 on August 31, 2024 and sell it today you would earn a total of 2,846 from holding Destiny Tech100 or generate 247.05% return on investment over 90 days. Destiny Tech100 is currently generating 2.6776% in daily expected returns and assumes 12.7649% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Destiny, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Destiny Tech100 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Destiny Tech100's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Destiny Tech100, and traders can use it to determine the average amount a Destiny Tech100'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 = 0.2098
| Best Portfolio | Best Equity | |||
| Good Returns | DXYZ | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.68 actual daily | 53 53% of assets have lower returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Destiny Tech100 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 Destiny Tech100 by adding it to a well-diversified portfolio.
Destiny Tech100 Fundamentals Growth
Destiny Stock prices reflect investors' perceptions of the future prospects and financial health of Destiny Tech100, and Destiny Tech100 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 Destiny Stock performance.
| Price To Book | 7.77 X | ||||
| Price To Sales | 116.70 X | ||||
| Revenue | (2.72 M) | ||||
| EBITDA | (4.14 M) | ||||
| Net Income | (4.14 M) | ||||
| Total Debt | 838.43 K | ||||
| Cash Flow From Operations | (11.73 M) | ||||
| Market Capitalization | 434.98 M | ||||
| Total Asset | 53.46 M | ||||
| Retained Earnings | (33.45 M) | ||||
About Destiny Tech100 Performance
Evaluating Destiny Tech100's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Destiny Tech100 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 Destiny Tech100 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.08) | (0.08) | |
| Return On Capital Employed | (0.08) | (0.08) | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | (0.08) | (0.07) |
Things to note about Destiny Tech100 performance evaluation
Checking the ongoing alerts about Destiny Tech100 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Destiny Tech100 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Destiny Tech100 is way too risky over 90 days horizon | |
| Destiny Tech100 appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.14 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Destiny Tech100 generates negative cash flow from operations | |
| Latest headline from benzinga.com: SpaceXs Starlink Direct-To-Cell Service Gets Commercial License From FCC Heres What It Means |
- Analyzing Destiny Tech100'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 Destiny Tech100's stock is overvalued or undervalued compared to its peers.
- Examining Destiny Tech100'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 Destiny Tech100's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Destiny Tech100's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Destiny Tech100's stock. These opinions can provide insight into Destiny Tech100's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Destiny Stock Analysis
When running Destiny Tech100's price analysis, check to measure Destiny Tech100's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Destiny Tech100 is operating at the current time. Most of Destiny Tech100's value examination focuses on studying past and present price action to predict the probability of Destiny Tech100's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destiny Tech100's price. Additionally, you may evaluate how the addition of Destiny Tech100 to your portfolios can decrease your overall portfolio volatility.