DMA:NYSEDestra Multi-Alternative Fund Analysis
Data as of 2026-08-10 - not real-time
$7.61
Latest Price
5/10Risk
Risk Level: Medium
Executive Summary
Destra Multi-Alternative Fund trades at $7.61, with its moving averages tangled rather than clearly stacked — a neutral trend structure. The last 30 days have gained 3.9%. With RSI at 50.6 the momentum picture is neutral, alongside a bearish MACD signal. Recent trading has carved out support near $7.41 and resistance around $7.87.
Risk comes out at 5 of a possible 10, a moderate reading. With 30-day volatility of 14.1%, a beta of 0.42 and a maximum drawdown of 23.9%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons diverge: sell near-term but hold on a long view, at 3/10 conviction over the longer horizon.
Risk comes out at 5 of a possible 10, a moderate reading. With 30-day volatility of 14.1%, a beta of 0.42 and a maximum drawdown of 23.9%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons diverge: sell near-term but hold on a long view, at 3/10 conviction over the longer horizon.
Market Outlook
Short Term
< 1 yearCautious
Model confidence: 5/10
Key Factors
- Trading below the 200-day average of 8.20
- MACD momentum is negative
- Thin trading liquidity raises execution risk
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Trading below the 200-day average of 8.20
- MACD momentum is negative
- Thin trading liquidity raises execution risk
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Thin trading liquidity raises execution risk
- Maximum drawdown of 23.9%
- 30-day volatility of 14.1%
Key Metrics & Analysis
Closed-End Fund Metrics
Market Price7.61
Discount/Premium0.00%
Discount TrendStable
Technical Analysis
TrendNeutral
RSI50.6
Support$7.41
Resistance$7.87
MA 20$7.66
MA 50$7.56
MA 200$8.20
MACDBearish
VolumeIncreasing
Fear & Greed Index94.82
Risk Assessment
Beta0.42
Volatility14.10%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.