Hedge fund bets on a key oil and gas supply chain stock, saying it could rise over 300
| DGEFX Fund | USD 13.16 0.07 0.53% |
Slightly above 62% of Destinations Equity's investor base is looking to short. The analysis of overall sentiment of trading Destinations Equity Income mutual fund suggests that many investors are alarmed at this time. Destinations Equity's investing sentiment can be driven by a variety of factors including economic data, Destinations Equity's earnings reports, geopolitical events, and overall market trends.
Destinations |
The supply is all but gone, one hedge fund manager tells CNBC Pro as demand for the companys products rise.
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Destinations Equity Fundamental Analysis
We analyze Destinations Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Destinations Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Destinations Equity based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Total Asset
Total Asset Comparative Analysis
Destinations Equity is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Destinations Equity Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Destinations Equity mutual fund to make a market-neutral strategy. Peer analysis of Destinations Equity could also be used in its relative valuation, which is a method of valuing Destinations Equity by comparing valuation metrics with similar companies.
Peers
Destinations Equity Related Equities
| OPTCX | Rbb Fund | 0.21 | ||||
| IAADX | Iaadx | 0.11 | ||||
| FALCX | Falcon Focus | 0.00 | ||||
| WRLDX | Scharf Global | 0.39 |
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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