Destinations Mutual Fund Buy Hold or Sell Recommendation

DGFZX Fund  USD 9.16  0.01  0.11%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Destinations Global Fixed is 'Not Rated'. Macroaxis provides Destinations Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DGFZX positions. The advice algorithm takes into account all of Destinations Global's available fundamental, technical, and predictive indicators you will find on this site.
The advice is provided from Destinations Global's buy-and-hold perspective. Check out Destinations Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Destinations and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Destinations Global Fixed.

Execute Destinations Global Buy or Sell Advice

The Destinations recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Destinations Global Fixed. Macroaxis does not own or have any residual interests in Destinations Global Fixed or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Destinations Global's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Destinations GlobalBuy Destinations Global
Strong Sell

Market Performance




Hype Condition


Current Valuation


Odds of Distress


Economic Sensitivity


Analyst Consensus

Not Available
For the selected time horizon Destinations Global Fixed has a Mean Deviation of 0.1286, Standard Deviation of 0.1911 and Variance of 0.0365
We provide trade advice to complement the prevailing expert consensus on Destinations Global Fixed. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Please use Destinations Global total asset and equity positions weight to make buy, hold, or sell decision on Destinations Global Fixed.

Destinations Global Trading Alerts and Improvement Suggestions

Destinations Global generated a negative expected return over the last 90 days
Destinations Global is unlikely to experience financial distress in the next 2 years
The fund retains about 14.61% of its assets under management (AUM) in cash

Destinations Global Returns Distribution Density

The distribution of Destinations Global's historical returns is an attempt to chart the uncertainty of Destinations Global's future price movements. The chart of the probability distribution of Destinations Global stock daily returns describes the distribution of returns around its average expected value. We use Destinations Global Fixed price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Destinations Global returns is essential to provide solid investment advice for Destinations Global.
Mean Return-0.0066Value At Risk-0.44
Potential Upside0.33Standard Deviation0.19
   Return Density   
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Destinations Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Destinations Global Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Destinations Global or Destinations Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Destinations Global's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Destinations fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Alpha over NYSE Composite
Beta against NYSE Composite0.06
Overall volatility
Information ratio 0.21

Destinations Global Volatility Alert

Destinations Global Fixed exhibits very low volatility with skewness of -0.91 and kurtosis of 2.42. However, we advise investors to further study Destinations Global Fixed technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Destinations Global's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Destinations Global's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Destinations Global Fundamentals Vs Peers

Comparing Destinations Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Destinations Global's direct or indirect competition across all of the common fundamentals between Destinations Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Destinations Global or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Destinations Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Destinations Global by comparing valuation metrics with those of similar companies.
 Better Than Average     
 Worse Than Average Compare Destinations Global to competition
FundamentalsDestinations GlobalPeer Average
One Year Return(1.96) %4.15 %
Three Year Return1.12 %3.60 %
Net Asset695.37 M4.11 B
Last Dividend Paid0.030.65
Cash Position Weight14.61 %10.61 %
Equity Positions Weight4.63 %63.90 %
Bond Positions Weight46.65 %11.24 %

About Destinations Global Buy or Sell Advice

When is the right time to buy or sell Destinations Global Fixed? Buying financial instruments such as Destinations Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Destinations Global 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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Data Storage
Data Storage Theme
Companies making data storages or providing data storage services. The Data Storage theme has 43 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 Data Storage Theme or any other thematic opportunities.
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Check out Destinations Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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. Check out Destinations Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.