Destinations Small Mid Cap Fund Market Value
| DSMFX Fund | USD 13.59 0.16 1.19% |
| Symbol | Destinations |
Destinations Small-mid '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 Small-mid'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 Small-mid.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Destinations Small-mid on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Destinations Small Mid Cap or generate 0.0% return on investment in Destinations Small-mid over 90 days. Destinations Small-mid is related to or competes with Multisector Bond, Ab Bond, Ambrus Core, Versatile Bond, Bts Tactical, and Rbc Ultra-short. The fund will invest at least 80 percent of its net assets in the equity securities of small- and mid-capitalization com... More
Destinations Small-mid 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 Small-mid'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 Small Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.1054 | |||
| Maximum Drawdown | 6.05 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 2.32 |
Destinations Small-mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Destinations Small-mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Destinations Small-mid's standard deviation. In reality, there are many statistical measures that can use Destinations Small-mid historical prices to predict the future Destinations Small-mid's volatility.| Risk Adjusted Performance | 0.2117 | |||
| Jensen Alpha | 0.1223 | |||
| Total Risk Alpha | 0.0898 | |||
| Sortino Ratio | 0.1024 | |||
| Treynor Ratio | 0.2508 |
Destinations Small Mid Backtested Returns
Destinations Small-mid appears to be very steady, given 3 months investment horizon. Destinations Small Mid secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the fund had a 0.25 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Destinations Small Mid Cap, which you can use to evaluate the volatility of the entity. Please utilize Destinations Small-mid's Downside Deviation of 1.22, mean deviation of 0.8506, and Coefficient Of Variation of 445.62 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.02, which means a somewhat significant risk relative to the market. Destinations Small-mid returns are very sensitive to returns on the market. As the market goes up or down, Destinations Small-mid is expected to follow.
Auto-correlation | 0.81 |
Very good predictability
Destinations Small Mid Cap has very good predictability. Overlapping area represents the amount of predictability between Destinations Small-mid time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Small Mid price movement. The serial correlation of 0.81 indicates that around 81.0% of current Destinations Small-mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Destinations Small Mid lagged returns against current returns
Autocorrelation, which is Destinations Small-mid 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 Small-mid's mutual fund expected returns. We can calculate the autocorrelation of Destinations Small-mid returns to help us make a trade decision. For example, suppose you find that Destinations Small-mid 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 Small-mid 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 Small-mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Destinations Small-mid 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 Small-mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Destinations Small-mid Lagged Returns
When evaluating Destinations Small-mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Destinations Small-mid mutual fund have on its future price. Destinations Small-mid 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 Small-mid autocorrelation shows the relationship between Destinations Small-mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Destinations Small Mid Cap.
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 Small-mid 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 Small-mid security.
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