Destiny Tech100 Stock Net Asset
| DXYZ Stock | 39.48 1.63 4.31% |
Destiny Tech100 fundamentals help investors to digest information that contributes to Destiny Tech100's financial success or failures. It also enables traders to predict the movement of Destiny Stock. The fundamental analysis module provides a way to measure Destiny Tech100's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Destiny Tech100 stock.
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Destiny Tech100 Company Net Asset Analysis
Destiny Tech100's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Destiny Tech100 Net Asset | 53.46 M |
Most of Destiny Tech100's fundamental indicators, such as Net Asset, 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, Destiny Tech100 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Destiny Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Destiny Tech100 is extremely important. It helps to project a fair market value of Destiny Stock properly, considering its historical fundamentals such as Net Asset. Since Destiny Tech100's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Destiny Tech100's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Destiny Tech100's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Destiny Total Assets
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Based on the recorded statements, Destiny Tech100 has a Net Asset of 53.46 M. This is much higher than that of the IT Services sector and significantly higher than that of the Information Technology industry. The net asset for all United States stocks is notably lower than that of the firm.
Destiny Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Destiny Tech100's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Destiny Tech100 could also be used in its relative valuation, which is a method of valuing Destiny Tech100 by comparing valuation metrics of similar companies.Destiny Tech100 is currently under evaluation in net asset category among its peers.
Destiny Fundamentals
| Price To Book | 7.35 X | ||||
| Price To Sales | 110.48 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 | 411.8 M | ||||
| Total Asset | 53.46 M | ||||
| Retained Earnings | (33.45 M) | ||||
| Net Asset | 53.46 M |
About Destiny Tech100 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Destiny Tech100's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Destiny Tech100 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Destiny Tech100 based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.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.