Industry description
The investment seeks capital appreciation with reduced correlation to equity and fixed income markets.
The adviser employs a strategy intended to generate long term growth across market cycles with reduced correlation to the equity and fixed income markets. The adviser employs a "multi-manager" strategy whereby the Adviser allocates the fund's assets among professional money managers, each of which is responsible for investing its allocated portion of the fund's assets. The fund may invest a significant portion of its assets in a particular geographic region or country, including emerging markets countries.
Market Cap
The average market capitalization across the Destinations Multi Strategy Alts Z MF is 4.77B. The market cap for tickers in the group ranges from 1.06B to 4.22B. CRNX holds the highest valuation in this group at 4.22B. The lowest valued company is GDEN at 1.06B.
Volume
The average weekly volume growth across all stocks in the Destinations Multi Strategy Alts Z MF was 7%. For the same stocks of the MF, the average monthly volume growth was -15% and the average quarterly volume growth was -14%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 66
P/E Growth Rating: 60
Price Growth Rating: 55
SMR Rating: 61
Profit Risk Rating: 60
Seasonality Score: -1 (-100 ... +100)