Destinations Real Assets Fund Market Value
| DRAFX Fund | USD 2.35 0.01 0.43% |
| Symbol | Destinations |
Destinations Real '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 Destinations Real'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 Destinations Real.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Destinations Real on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Destinations Real Assets or generate 0.0% return on investment in Destinations Real over 90 days. Destinations Real is related to or competes with Ips Strategic, and Iaadx. The investment seeks long term capital appreciation with some inflation protection More
Destinations Real 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 Destinations Real'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 Destinations Real Assets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.701 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.67 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.8969 |
Destinations Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Destinations Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Destinations Real's standard deviation. In reality, there are many statistical measures that can use Destinations Real historical prices to predict the future Destinations Real's volatility.| Risk Adjusted Performance | 0.1922 | |||
| Jensen Alpha | 0.119 | |||
| Total Risk Alpha | 0.0267 | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (1.04) |
Destinations Real Assets Backtested Returns
At this stage we consider Destinations Mutual Fund to be not too volatile. Destinations Real Assets secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the fund had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Destinations Real Assets, which you can use to evaluate the volatility of the entity. Please confirm Destinations Real's Mean Deviation of 0.4174, coefficient of variation of 467.18, and Downside Deviation of 0.701 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Destinations Real are expected to decrease at a much lower rate. During the bear market, Destinations Real is likely to outperform the market.
Auto-correlation | 0.54 |
Modest predictability
Destinations Real Assets has modest predictability. Overlapping area represents the amount of predictability between Destinations Real time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Destinations Real Assets price movement. The serial correlation of 0.54 indicates that about 54.0% of current Destinations Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Destinations Real Assets lagged returns against current returns
Autocorrelation, which is Destinations Real 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 Destinations Real's mutual fund expected returns. We can calculate the autocorrelation of Destinations Real returns to help us make a trade decision. For example, suppose you find that Destinations Real 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 |
Destinations Real 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 Destinations Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Destinations Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Destinations Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Destinations Real Lagged Returns
When evaluating Destinations Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Destinations Real mutual fund have on its future price. Destinations Real 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, Destinations Real autocorrelation shows the relationship between Destinations Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Destinations Real Assets.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Destinations Mutual Fund
Destinations Real 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 Real security.
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