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Destra Multi-Alternative FundDMA -0.39%23 12-1 Month Momentum % is -12.66% as of Aug. 10, 2026. GuruFocus rates DMA with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 1,661 Asset Management companies, Destra Multi-Alternative Fund ranks worse than 70.86% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-10), Destra Multi-Alternative Fund's 12-1 Month Momentum % is -12.66%.
The industry rank for Destra Multi-Alternative Fund's 12-1 Month Momentum % or its related term are showing as below:
DMA's 12-1 Month Momentum % is ranked worse than 70.86% of 1661
companies
in the Asset Management industry
Industry Median: -0.52
vs DMA: -12.66
Destra Multi-Alternative Fund (NYSE:DMA) 12-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Destra Multi-Alternative Fund 12-1 Month Momentum % Related Terms
DMA vs PGZ, OCCI, GEG: 12-1 Month Momentum % Comparison
For the Asset Management subindustry, Destra Multi-Alternative Fund's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Destra Multi-Alternative Fund 12-1 Month Momentum % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Destra Multi-Alternative Fund's 12-1 Month Momentum % falls into.
Destra Multi-Alternative Fund (NYSE:DMA) 12-1 Month Momentum % Calculation
12-1 Month Momentum % is calculated as following:
12-1 Month Momentum %
=
( Price 1-month ago
/
Price 12-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a 12-1 Month Momentum % of -12.66% mean?
Destra Multi-Alternative Fund (DMA) has a 12-1 Month Momentum % of -12.66% as of Aug. 10, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Destra Multi-Alternative Fund and its competitors. According to the industry distribution chart, Destra Multi-Alternative Fund ranks #1177 out of 1661 companies in the Asset Management industry, placing it in the top 70.9%.
Is Destra Multi-Alternative Fund's 12-1 Month Momentum % too high?
Destra Multi-Alternative Fund's current 12-1 Month Momentum % is -12.66%. Based on the distribution chart, Destra Multi-Alternative Fund ranks #1177 out of 1661 companies in the Asset Management industry, which is below the industry midpoint. Overall, Destra Multi-Alternative Fund has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Destra Multi-Alternative Fund's 12-1 Month Momentum % compare to PGZ and OCCI?
According to the Asset Management industry distribution chart, Destra Multi-Alternative Fund ranks #1177 out of 1661 companies for 12-1 Month Momentum %. This places Destra Multi-Alternative Fund in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for an Asset Management company?
A good 12-1 Month Momentum % depends on the Asset Management industry context. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Destra Multi-Alternative Fund and its competitors. Destra Multi-Alternative Fund's current 12-1 Month Momentum % is -12.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destra Multi-Alternative Fund stock overvalued right now?
Destra Multi-Alternative Fund (DMA) has a current 12-1 Month Momentum % of -12.66%. The current 12-1 Month Momentum % is -12.66%. Destra Multi-Alternative Fund's overall GF Score™ is 23/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Destra Multi-Alternative Fund (DMA), the current 12-1 Month Momentum % is -12.66% as of Aug. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income, with an emphasis on income generation. The Fund pursues its investment objective by investing mainly in the income-producing securities of real estate investment trusts (REITs) and alternative investment funds, as well as common stocks and structured notes, bonds, and asset-backed securities.
23GF Score
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