Destra Multi-alternativ Three Year Return vs. Last Dividend Paid
| DMA Fund | USD 8.97 0.06 0.67% |
For Destra Multi-alternativ profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Destra Multi-alternativ to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Destra Multi Alternative utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Destra Multi-alternativ's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Destra Multi Alternative over time as well as its relative position and ranking within its peers.
Destra |
Destra Multi Alternative Last Dividend Paid vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Destra Multi-alternativ's current stock value. Our valuation model uses many indicators to compare Destra Multi-alternativ value to that of its competitors to determine the firm's financial worth. Destra Multi Alternative is rated # 3 fund in three year return among similar funds. It is rated below average in last dividend paid among similar funds creating about 0.13 of Last Dividend Paid per Three Year Return. The ratio of Three Year Return to Last Dividend Paid for Destra Multi Alternative is roughly 7.85 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Destra Multi-alternativ's earnings, one of the primary drivers of an investment's value.Destra Last Dividend Paid vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Destra Multi-alternativ |
| = | 3.61 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
Destra Multi-alternativ |
| = | 0.46 |
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Destra Last Dividend Paid Comparison
Destra Multi is currently under evaluation in last dividend paid among similar funds.
Destra Multi-alternativ Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Destra Multi-alternativ, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Destra Multi-alternativ will eventually generate negative long term returns. The profitability progress is the general direction of Destra Multi-alternativ's change in net profit over the period of time. It can combine multiple indicators of Destra Multi-alternativ, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Multi-Strategy Growth Income Fund is a closed ended balanced mutual fund launched and managed by Pinhook Capital, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund primarily invests directly, in other funds, and through derivatives such as options to invest in stocks of companies operating in the real estate sector, including real estate investment trusts. It invests in stocks of companies across all market capitalizations. For its fixed income portfolio, the fund invests in structured notes, notes, bonds and asset-backed securities. It employs a combination of fundamental and quantitative analysis while focusing on factors such as highest expected income, potential for capital appreciation, and relatively low volatility to create its portfolio. Multi-Strategy Growth Income Fund was formed on June 3, 2011 and is domiciled in the United States.
Destra Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Destra Multi-alternativ. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Destra Multi-alternativ position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Destra Multi-alternativ's important profitability drivers and their relationship over time.
| Three Year Return vs Price To Earning | ||
| Annual Yield vs Last Dividend Paid | ||
| Three Year Return vs Year To Date Return | ||
| One Year Return vs Last Dividend Paid | ||
| Three Year Return vs Five Year Return |
Use Destra Multi-alternativ in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Destra Multi-alternativ position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Destra Multi-alternativ will appreciate offsetting losses from the drop in the long position's value.Destra Multi-alternativ Pair Trading
Destra Multi Alternative Pair Trading Analysis
The ability to find closely correlated positions to Destra Multi-alternativ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destra Multi-alternativ when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Destra Multi-alternativ - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Destra Multi Alternative to buy it.
The correlation of Destra Multi-alternativ is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Destra Multi-alternativ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destra Multi Alternative moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Destra Multi-alternativ can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Destra Multi-alternativ position
In addition to having Destra Multi-alternativ in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Realty Funds Thematic Idea Now
Realty Funds
Funds or Etfs investing in real estate backed instruments or issues backed by different types of commercial properties. The Realty Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Realty Funds Theme or any other thematic opportunities.
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Other Information on Investing in Destra Fund
To fully project Destra Multi-alternativ's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Destra Multi Alternative at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Destra Multi-alternativ's income statement, its balance sheet, and the statement of cash flows.
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