Destinations Municipal Valuation
| DMFZX Fund | USD 9.78 0.01 0.10% |
At this time, the entity appears to be overvalued. Destinations Municipal shows a prevailing Real Value of $9.57 per share. The current price of the fund is $9.78. We determine the value of Destinations Municipal 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.
Overvalued
Today
Please note that Destinations Municipal's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Destinations Municipal shows a prevailing Real Value of $9.57 per share. The current price of the fund is $9.78. We determine the value of Destinations Municipal 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 Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Destinations Mutual Fund. However, Destinations Municipal'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 9.78 | Real 9.57 | Hype 9.78 | Naive 9.76 |
The intrinsic value of Destinations Municipal'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 Municipal'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.
Estimating the potential upside or downside of Destinations Municipal Fixed 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 Municipal more accurately as focusing exclusively on Destinations Municipal's fundamentals will not take into account other important factors: About Destinations Municipal Valuation
Our relative valuation model uses a comparative analysis of Destinations Municipal. We calculate exposure to Destinations Municipal's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Destinations Municipal's related companies.The fund will invest, under normal market conditions, at least 80 percent of its net assets in fixed income securities that pay interest that is exempt from regular federal income tax. It primarily invests in investment grade debt obligations, but may invest to a limited extent in obligations that are rated below-investment grade .
Other Information on Investing in Destinations Mutual Fund
Destinations Municipal 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 Municipal security.
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