Destinations Equity Income Fund Manager Performance Evaluation

DGEFX Fund  USD 14.34  0.11  0.77%   
The fund shows a Beta (market volatility) of 0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, Destinations Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Destinations Equity is expected to be smaller as well.

Risk-Adjusted Performance

Solid

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Destinations Equity Income are ranked lower than 19 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Destinations Equity showed solid returns over the last few months and may actually be approaching a breakup point.
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Destinations Equity Relative Risk vs. Return Landscape

If you would invest  1,232  in Destinations Equity Income on October 30, 2025 and sell it today you would earn a total of  202.00  from holding Destinations Equity Income or generate 16.4% return on investment over 90 days. Destinations Equity Income is currently producing 0.2589% returns and takes up 1.0755% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Destinations, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Destinations Equity is expected to generate 1.42 times more return on investment than the market. However, the company is 1.42 times more volatile than its market benchmark. It trades about 0.24 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of risk.

Destinations Equity Current Valuation

Overvalued
Today
14.34
Please note that Destinations Equity's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Destinations Equity shows a prevailing Real Value of $13.87 per share. The current price of the fund is $14.34. We determine the value of Destinations Equity 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 Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Destinations Mutual Fund. However, Destinations Equity'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  14.34 Real  13.87 Hype  12.73 Naive  14.42
The intrinsic value of Destinations Equity'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 Equity'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.
13.87
Real Value
14.95
Upside
Estimating the potential upside or downside of Destinations Equity Income 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 Equity more accurately as focusing exclusively on Destinations Equity's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.6213.9614.30
Details
Hype
Prediction
LowEstimatedHigh
11.6512.7315.77
Details
Naive
Forecast
LowNext ValueHigh
13.3514.4215.50
Details
Below is the normalized historical share price chart for Destinations Equity Income extending back to March 20, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Destinations Equity stands at 14.34, as last reported on the 28th of January, with the highest price reaching 14.34 and the lowest price hitting 14.34 during the day.
 
Covid
 
Interest Hikes

Destinations Equity 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 14.34 90 days 14.34 
nearly 4.22
Based on a normal probability distribution, the odds of Destinations Equity to move above the current price in 90 days from now is nearly 4.22 (This Destinations Equity Income probability density function shows the probability of Destinations Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Destinations Equity has a beta of 0.42 suggesting as returns on the market go up, Destinations Equity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Destinations Equity Income will be expected to be much smaller as well. Additionally Destinations Equity Income has an alpha of 0.1842, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Destinations Equity Price Density   
       Price  

Predictive Modules for Destinations Equity

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 Equity. 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.
Hype
Prediction
LowEstimatedHigh
11.6512.7315.77
Details
Intrinsic
Valuation
LowRealHigh
12.7913.8714.95
Details
Naive
Forecast
LowNextHigh
13.3514.4215.50
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.6213.9614.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Destinations Equity. Your research has to be compared to or analyzed against Destinations Equity's peers to derive any actionable benefits. When done correctly, Destinations Equity's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Destinations Equity.

Destinations Equity Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Destinations Equity is not an exception. The market had few large corrections towards the Destinations Equity'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 Equity Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Destinations Equity within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.18
β
Beta against Dow Jones0.42
σ
Overall volatility
0.73
Ir
Information ratio 0.14

Destinations Equity 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 Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Destinations Equity can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Beating Back the Bubble A Defensive Fund Portfolio for These Times - Barrons
The fund retains 97.93% of its assets under management (AUM) in equities

Destinations Equity Fundamentals Growth

Destinations Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Destinations Equity, and Destinations Equity 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 Asset436.23 M

About Destinations Equity Performance

Evaluating Destinations Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Destinations Equity 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 Equity 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 at least 80 percent of its net assets in dividend-paying equity securities of both U.S.-based and foreign companies. It invests primarily in common stock, preferred stock, interests in REITs, foreign securities, depositary receipts, equity-linked notes and derivatives that are believed to be attractively valued and to have the potential for long-term growth. The fund typically will invest in foreign securities, including securities of issuers located in emerging markets.

Things to note about Destinations Equity performance evaluation

Checking the ongoing alerts about Destinations Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Destinations Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Beating Back the Bubble A Defensive Fund Portfolio for These Times - Barrons
The fund retains 97.93% of its assets under management (AUM) in equities
Evaluating Destinations Equity's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Destinations Equity's mutual fund performance include:
  • Analyzing Destinations Equity'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 Equity's stock is overvalued or undervalued compared to its peers.
  • Examining Destinations Equity'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 Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Destinations Equity's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Destinations Equity's mutual fund. These opinions can provide insight into Destinations Equity's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Destinations Equity's mutual fund performance is not an exact science, and many factors can impact Destinations Equity's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios