DMA (Destra Multi-Alternative Fund) 3-1 Month Momentum %: -4.30% (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DMA Destra Multi-Alternative Fund DMA
23 GF Score
Price $7.68
! 1 Warning Sign
View Full Analysis

What is Destra Multi-Alternative Fund 3-1 Month Momentum %?

Destra Multi-Alternative Fund DMA +0.26% 23 3-1 Month Momentum % is -4.30% as of Jul. 28, 2026. GuruFocus rates DMA with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 1,629 Asset Management companies, Destra Multi-Alternative Fund ranks worse than 75.14% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-28), Destra Multi-Alternative Fund's 3-1 Month Momentum % is -4.30%.

The industry rank for Destra Multi-Alternative Fund's 3-1 Month Momentum % or its related term are showing as below:

DMA's 3-1 Month Momentum % is ranked worse than
75.14% of 1629 companies
in the Asset Management industry
Industry Median: -1.13 vs DMA: -4.30

Destra Multi-Alternative Fund  (NYSE:DMA) 3-1 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 3-1 Month Momentum % measures the total return to a stock over the past three 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 3-1 Month Momentum % Related Terms


DMA vs PGZ, OCCI, GEG: 3-1 Month Momentum % Comparison

For the Asset Management subindustry, Destra Multi-Alternative Fund's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 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 3-1 Month Momentum % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Destra Multi-Alternative Fund's 3-1 Month Momentum % falls into.


DMA
23GF Score
Destra Multi-Alternative Fund DMA
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Destra Multi-Alternative Fund  (NYSE:DMA) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -4.30% mean?
Destra Multi-Alternative Fund (DMA) has a 3-1 Month Momentum % of -4.30% as of Jul. 28, 2026. 3-1 Month Momentum measures the total return of the stock from 3-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 #1224 out of 1629 companies in the Asset Management industry, placing it in the top 75.1%.
Is Destra Multi-Alternative Fund's 3-1 Month Momentum % too high?
Destra Multi-Alternative Fund's current 3-1 Month Momentum % is -4.30%. Based on the distribution chart, Destra Multi-Alternative Fund ranks #1224 out of 1629 companies in the Asset Management industry, which is in the bottom quartile relative to peers. 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 3-1 Month Momentum % compare to PGZ and OCCI?
According to the Asset Management industry distribution chart, Destra Multi-Alternative Fund ranks #1224 out of 1629 companies for 3-1 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 3-1 Month Momentum % for an Asset Management company?
A good 3-1 Month Momentum % depends on the Asset Management industry context. However, 3-1 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 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Destra Multi-Alternative Fund and its competitors. Destra Multi-Alternative Fund's current 3-1 Month Momentum % is -4.30%. 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 3-1 Month Momentum % of -4.30%. The current 3-1 Month Momentum % is -4.30%. 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 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Destra Multi-Alternative Fund (DMA), the current 3-1 Month Momentum % is -4.30% as of Jul. 28, 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 Business Description

Address 443 North Willson Avenue, Bozeman, MT, USA, 59715
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

Get the complete analysis for DMA

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.68
Price