Destinations Equity Cash Position Weight vs. Equity Positions Weight

DGEZX Fund  USD 12.44  0.02  0.16%   
Based on the key profitability measurements obtained from Destinations Equity's financial statements, Destinations Equity Income may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Destinations Equity's ability to earn profits and add value for shareholders.
For Destinations Equity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Destinations Equity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Destinations Equity Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Destinations Equity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Destinations Equity Income over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Destinations Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Destinations Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destinations Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Destinations Equity Equity Positions Weight vs. Cash Position Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Destinations Equity's current stock value. Our valuation model uses many indicators to compare Destinations Equity value to that of its competitors to determine the firm's financial worth.
Destinations Equity Income is one of the top funds in cash position weight among similar funds. It also is one of the top funds in equity positions weight among similar funds making about  76.82  of Equity Positions Weight per Cash Position Weight. 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 Destinations Equity's earnings, one of the primary drivers of an investment's value.

Destinations Equity Positions Weight vs. Cash Position Weight

Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Destinations Equity

Cash Percentage

 = 

% of Cash

in the fund

 = 
1.28 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.

Destinations Equity

Stock Percentage

 = 

% of Equities

in the fund

 = 
98.33 %
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.

Destinations Equity Positions Weight Comparison

Destinations Equity is currently under evaluation in equity positions weight among similar funds.

Destinations Equity Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Destinations Equity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Destinations Equity will eventually generate negative long term returns. The profitability progress is the general direction of Destinations Equity's change in net profit over the period of time. It can combine multiple indicators of Destinations Equity, 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.
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.

Destinations Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Destinations Equity. 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 Destinations Equity 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 Destinations Equity's important profitability drivers and their relationship over time.

Use Destinations Equity 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 Destinations Equity 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 Destinations Equity will appreciate offsetting losses from the drop in the long position's value.

Destinations Equity Pair Trading

Destinations Equity Income Pair Trading Analysis

The ability to find closely correlated positions to Destinations Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destinations Equity 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 Destinations Equity - 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 Destinations Equity Income to buy it.
The correlation of Destinations Equity 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 Destinations Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destinations Equity 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 Destinations Equity 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Destinations Equity position

In addition to having Destinations Equity 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.

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Run Broad Equity ETFs Thematic Idea Now

Broad Equity ETFs
Broad Equity ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity ETFs theme has 483 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 Broad Equity ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Destinations Mutual Fund

To fully project Destinations Equity's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Destinations Equity 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 Destinations Equity's income statement, its balance sheet, and the statement of cash flows.
Potential Destinations Equity investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Destinations Equity investors may work on each financial statement separately, they are all related. The changes in Destinations Equity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Destinations Equity's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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