Desjardins Melodia Financials
| 0P0000YSHA | CAD 14.33 0.08 0.56% |
Desjardins |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Desjardins Melodia Fund Summary
Desjardins Melodia competes with RBC Select, TD Comfort, Mawer Balanced, and . Its objective is to provide long-term capital appreciation and, to a lesser extent, generate an income return. Desjardins Melodia is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Fund View All |
| Exchange | Toronto Exchange |
| Business Address | 2 Complexe Desjardins |
| Fund Family | Desjardins Investments Inc |
| Fund Category | Global Neutral Balanced |
| Benchmark | Dow Jones Industrial |
| Phone | 866 666 1280 |
| Currency | CAD - Canadian Dollar |
Desjardins Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Desjardins Melodia's current stock value. Our valuation model uses many indicators to compare Desjardins Melodia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Desjardins Melodia competition to find correlations between indicators driving Desjardins Melodia's intrinsic value. More Info.Desjardins Melodia Balanced is third largest fund in one year return among similar funds. It also is third largest fund in three year return among similar funds reporting about 0.80 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Desjardins Melodia Balanced is roughly 1.25 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Desjardins Melodia by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Desjardins Melodia's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Desjardins Melodia Systematic Risk
Desjardins Melodia's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Desjardins Melodia volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Desjardins Melodia correlated with the market. If Beta is less than 0 Desjardins Melodia generally moves in the opposite direction as compared to the market. If Desjardins Melodia Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Desjardins Melodia is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Desjardins Melodia is generally in the same direction as the market. If Beta > 1 Desjardins Melodia moves generally in the same direction as, but more than the movement of the benchmark.
Desjardins Melodia December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Desjardins Melodia help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Desjardins Melodia Balanced. We use our internally-developed statistical techniques to arrive at the intrinsic value of Desjardins Melodia Balanced based on widely used predictive technical indicators. In general, we focus on analyzing Desjardins Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Desjardins Melodia's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3362 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 1.72 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.5984 |
Other Information on Investing in Desjardins Fund
Desjardins Melodia 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 Melodia security.
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