Destinations Global Financials

DGFZX Fund  USD 9.58  0.01  0.10%   
You can utilize Destinations Global Fixed fundamental data analysis to find out if markets are presently mispricing the fund. We were able to analyze thirteen available fundamental indicators for Destinations Global Fixed, which can be compared to its rivals. Please use Destinations Global Fixed total asset and net asset to make a decision on whether Destinations Global is priced correctly. The fund experiences a normal upward fluctuation. Check odds of Destinations Global to be traded at $10.06 in 90 days.
With this module, you can analyze Destinations financials for your investing period. You should be able to track the changes in Destinations Global individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Destinations Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Destinations Global's financial statements are interrelated, with each one affecting the others. For example, an increase in Destinations Global's assets may result in an increase in income on the income statement.
Evaluating Destinations Global's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Destinations Global's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Destinations Global's relative financial performance

Chance Of Distress

Less than 24

 
100  
 
Zero
Low
Destinations Global Fixed has less than 24 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Destinations Global mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
More Info
The data published in Destinations Global's official financial statements usually reflect Destinations Global's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Destinations Global Fixed. For example, before you start analyzing numbers published by Destinations accountants, it's critical to develop an understanding of what Destinations Global's liquidity, profitability, and earnings quality are in the context of the Destinations Funds space in which it operates.
Please note that past performance is not an indicator of the future performance of Destinations Global, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

Destinations Global Company Summary

Destinations Global competes with Templeton Global, Templeton Global, Capital World, Capital World, and Capital World. The fund will invest at least 80 percent of its net assets in fixed income securities. It invests primarily in investment grade and non-investment grade debt, preferred stock, convertible bonds, bank loans, high yield bonds, municipal bonds and SPACs. The fund will invest in securities of various credit qualities and maturities. It is expected that, under normal market conditions, at least 40 percent of its assets will be invested in the securities of companies that are tied economically to at least three countries outside the U.S.
Specialization
World Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressBrinker Capital Destinations
Mutual Fund FamilyDestinations Funds
Mutual Fund CategoryWorld Bond
BenchmarkNYSE Composite
Phone877 771 7979
CurrencyUSD - US Dollar
You should never invest in Destinations Global without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Destinations Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Destinations Global's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Destinations Global Key Financial Ratios

Generally speaking, Destinations Global's financial ratios allow both analysts and investors to convert raw data from Destinations Global's financial statements into concise, actionable information that can be used to evaluate the performance of Destinations Global over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Destinations Global Fixed reports annually and quarterly.

Destinations Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Destinations Global's current stock value. Our valuation model uses many indicators to compare Destinations Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Destinations Global competition to find correlations between indicators driving Destinations Global's intrinsic value. More Info.
Destinations Global Fixed is rated below average in last dividend paid among similar funds. It is one of the top funds in annual yield among similar funds fabricating about  2.02  of Annual Yield per Last Dividend Paid. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Destinations Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Destinations Global's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Global's earnings, one of the primary drivers of an investment's value.

Destinations Global Fixed Systematic Risk

Destinations Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Destinations Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Destinations Global Fixed correlated with the market. If Beta is less than 0 Destinations Global generally moves in the opposite direction as compared to the market. If Destinations Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Destinations Global Fixed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Destinations Global is generally in the same direction as the market. If Beta > 1 Destinations Global moves generally in the same direction as, but more than the movement of the benchmark.

About Destinations Global Financials

What exactly are Destinations Global Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Destinations Global's income statement, its balance sheet, and the statement of cash flows. Potential Destinations Global investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Destinations Global investors may use each financial statement separately, they are all related. The changes in Destinations Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Destinations Global'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.

Steps to analyze Destinations Global Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Destinations Global is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Destinations has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Destinations Global's financials are consistent with your investment objective using the following steps:
  • Review Destinations Global's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Destinations Global's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Destinations Global's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Destinations Global's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed. Destinations Global Fixed is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of World Bond category is currently estimated at about 178.7 Billion. Destinations Global adds roughly 637.43 Million in net asset claiming only tiny portion of World Bond category.

Destinations Global March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Destinations Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Destinations Global Fixed. We use our internally-developed statistical techniques to arrive at the intrinsic value of Destinations Global Fixed based on widely used predictive technical indicators. In general, we focus on analyzing Destinations Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Destinations Global's daily price indicators and compare them against related drivers.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destinations Global Fixed. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Destinations Global Fixed information on this page should be used as a complementary analysis to other Destinations Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Destinations Mutual Fund analysis

When running Destinations Global's price analysis, check to measure Destinations Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Destinations Global is operating at the current time. Most of Destinations Global's value examination focuses on studying past and present price action to predict the probability of Destinations Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destinations Global's price. Additionally, you may evaluate how the addition of Destinations Global to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Transaction History
View history of all your transactions and understand their impact on performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Equity Valuation
Check real value of public entities based on technical and fundamental data
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Please note, there is a significant difference between Destinations Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Destinations Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destinations Global'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.