Desjardins Sustainable Financial Statements From 2010 to 2024
| 0P0000J2C7 | CAD 26.19 0.10 0.38% |
Check Desjardins Sustainable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Desjardins Sustainable's main balance sheet or income statement drivers, such as , as well as many indicators such as . Desjardins financial statements analysis is a perfect complement when working with Desjardins Sustainable Valuation or Volatility modules.
Desjardins |
Desjardins Sustainable Maximum Fund Net Asset Analysis
Desjardins Sustainable's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Desjardins Sustainable Net Asset | 444.83 M |
Most of Desjardins Sustainable's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Desjardins Sustainable Maximum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Desjardins Sustainable Maximum has a Net Asset of 444.83 M. This is much higher than that of the Desjardins Investments Inc family and significantly higher than that of the Global Equity Balanced category. The net asset for all Canada funds is notably lower than that of the firm.
Desjardins Sustainable Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Desjardins Sustainable's current stock value. Our valuation model uses many indicators to compare Desjardins Sustainable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Desjardins Sustainable competition to find correlations between indicators driving Desjardins Sustainable's intrinsic value. More Info.Desjardins Sustainable Maximum is rated below average in one year return among similar funds. It also is rated below average in three year return among similar funds reporting about 0.62 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Desjardins Sustainable Maximum is roughly 1.61 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Desjardins Sustainable's earnings, one of the primary drivers of an investment's value.About Desjardins Sustainable Financial Statements
Investors use fundamental indicators, such as Desjardins Sustainable's revenue or net income, to determine how well the company is positioned to perform in the future. Although Desjardins Sustainable's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Its primary objective is to provide long-term capital appreciation. Desjardins SocieTerra is traded on Toronto Stock Exchange in Canada.
Pair Trading with Desjardins Sustainable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Desjardins Sustainable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Desjardins Sustainable will appreciate offsetting losses from the drop in the long position's value.Moving together with Desjardins Fund
| 0.76 | 0P00007069 | RBC Portefeuille | PairCorr |
| 0.68 | 0P00007065 | RBC mondial dnergie | PairCorr |
| 0.75 | 0P000075FV | Fidelity Canadian Growth | PairCorr |
The ability to find closely correlated positions to Desjardins Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desjardins Sustainable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Desjardins Sustainable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Desjardins Sustainable Maximum to buy it.
The correlation of Desjardins Sustainable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Desjardins Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desjardins Sustainable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Desjardins Sustainable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Desjardins Fund
Desjardins Sustainable financial ratios help investors to determine whether Desjardins Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Desjardins with respect to the benefits of owning Desjardins Sustainable security.
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