Destinations Municipal Fixed Fund Manager Performance Evaluation
| DMFZX Fund | USD 9.76 0.01 0.10% |
The fund shows a Beta (market volatility) of 0.0206, which means not very significant fluctuations relative to the market. As returns on the market increase, Destinations Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Destinations Municipal is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
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 966.00 in Destinations Municipal Fixed on November 5, 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 0.0172% returns and takes up 0.0808% 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 |
Destinations Municipal Current Valuation
Overvalued
Today
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 $8.97 per share. The current price of the fund is $9.76. 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 9.76 | Real 8.97 | Hype 9.76 | Naive 9.73 |
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.
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: Destinations Municipal Target Price Odds to finish over Current Price
The tendency of Destinations Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 9.76 | 90 days | 9.76 | about 5.86 |
Based on a normal probability distribution, the odds of Destinations Municipal to move above the current price in 90 days from now is about 5.86 (This Destinations Municipal Fixed probability density function shows the probability of Destinations Mutual Fund to fall within a particular range of prices over 90 days) .
Destinations Municipal Price Density |
| Price |
Predictive Modules for Destinations Municipal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Destinations Municipal. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Destinations Municipal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Destinations Municipal is not an exception. The market had few large corrections towards the Destinations Municipal's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Destinations Municipal Fixed, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Destinations Municipal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.52 |
Destinations Municipal Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Destinations Municipal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Destinations Municipal can help investors quickly react to important events or material 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 |
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 Asset | 964.75 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. It primarily invests in investment grade debt obligations, but may invest to a limited extent in obligations that are rated below-investment grade .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 |
- 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.
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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