Destra Preferred And Fund Market Value
| DPIAX Fund | USD 17.23 0.01 0.06% |
| Symbol | Destra |
Destra Preferred 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Destra Preferred's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Destra Preferred.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in Destra Preferred on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Destra Preferred And or generate 0.0% return on investment in Destra Preferred over 30 days. Destra Preferred is related to or competes with Abr 7525, Balanced Fund, Scharf Balanced, Iaadx, and Rbb Fund. Under normal market conditions, the fund invests at least 80 percent of its net assets in a portfolio of preferred and other income-producing securities, including traditional preferred stock, trust preferred securities, hybrid securities that have characteristics of both equity and debt securities, convertible securities, contingent-capital securities, subordinated debt, senior debt and securities of other open-end, closed-end or exchange-traded funds that invest primarily in the same types of securities. More
Destra Preferred Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Destra Preferred's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Destra Preferred And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2339 | |||
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 0.9841 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.175 |
Destra Preferred Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Destra Preferred's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Destra Preferred's standard deviation. In reality, there are many statistical measures that can use Destra Preferred historical prices to predict the future Destra Preferred's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.06) |
Destra Preferred And Backtested Returns
At this stage we consider Destra Mutual Fund to be very steady. Destra Preferred And secures Sharpe Ratio (or Efficiency) of 0.0341, which denotes the fund had a 0.0341 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Destra Preferred And, which you can use to evaluate the volatility of the entity. Please confirm Destra Preferred's Coefficient Of Variation of 2589.97, mean deviation of 0.0852, and Downside Deviation of 0.2339 to check if the risk estimate we provide is consistent with the expected return of 0.0048%. The fund shows a Beta (market volatility) of 0.0711, which means not very significant fluctuations relative to the market. As returns on the market increase, Destra Preferred's returns are expected to increase less than the market. However, during the bear market, the loss of holding Destra Preferred is expected to be smaller as well.
Auto-correlation | -0.08 |
Very weak reverse predictability
Destra Preferred And has very weak reverse predictability. Overlapping area represents the amount of predictability between Destra Preferred time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Destra Preferred And price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Destra Preferred price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Destra Preferred And lagged returns against current returns
Autocorrelation, which is Destra Preferred mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Destra Preferred's mutual fund expected returns. We can calculate the autocorrelation of Destra Preferred returns to help us make a trade decision. For example, suppose you find that Destra Preferred has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Destra Preferred regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Destra Preferred mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Destra Preferred mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Destra Preferred mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Destra Preferred Lagged Returns
When evaluating Destra Preferred's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Destra Preferred mutual fund have on its future price. Destra Preferred autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Destra Preferred autocorrelation shows the relationship between Destra Preferred mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Destra Preferred And.
Regressed Prices |
| Timeline |
Also Currently Popular
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Other Information on Investing in Destra Mutual Fund
Destra Preferred financial ratios help investors to determine whether Destra 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 Destra with respect to the benefits of owning Destra Preferred security.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |