Desjardins Alt Financials
| DANC Etf | CAD 22.72 0.01 0.04% |
3 y Sharp Ratio (0.86) |
Desjardins |
The data published in Desjardins Alt's official financial statements typically reflect Desjardins Alt's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Desjardins Alt's quantitative information. For example, before you start analyzing numbers published by Desjardins accountants, it's essential to understand Desjardins Alt's liquidity, profitability, and earnings quality within the context of the Desjardins Global Asset Management Inc space in which it operates.
Desjardins Alt Etf Summary
Desjardins Alt competes with AGFiQ Market, Desjardins, NBI Liquid, Desjardins, and CI Munro. The Desjardins Alternative ETF seeks to achieve positive returns in both positive or negative equity market conditions. DESJARDINS LNG is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA25058P1027 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Desjardins Global Asset Management Inc |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 666 1280 |
| Currency | CAD - Canadian Dollar |
You should never invest in Desjardins Alt without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Desjardins Etf, because this is throwing your money away. Analyzing the key information contained in Desjardins Alt's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Desjardins Alt Key Financial Ratios
Desjardins Alt's financial ratios allow both analysts and investors to convert raw data from Desjardins Alt's financial statements into concise, actionable information that can be used to evaluate the performance of Desjardins Alt over time and compare it to other companies across industries.Desjardins Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Desjardins Alt's current stock value. Our valuation model uses many indicators to compare Desjardins Alt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Desjardins Alt competition to find correlations between indicators driving Desjardins Alt's intrinsic value. More Info.Desjardins Alt LongShort is one of the top ETFs in one year return as compared to similar ETFs. It also is one of the top ETFs in three year return as compared to similar ETFs reporting about 0.42 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Desjardins Alt LongShort is roughly 2.38 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Desjardins Alt by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Desjardins Alt's Etf. 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 Alt LongShort Systematic Risk
Desjardins Alt's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Desjardins Alt 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Desjardins Alt LongShort correlated with the market. If Beta is less than 0 Desjardins Alt generally moves in the opposite direction as compared to the market. If Desjardins Alt Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Desjardins Alt LongShort is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Desjardins Alt is generally in the same direction as the market. If Beta > 1 Desjardins Alt moves generally in the same direction as, but more than the movement of the benchmark.
Desjardins Alt November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Desjardins Alt help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Desjardins Alt LongShort. We use our internally-developed statistical techniques to arrive at the intrinsic value of Desjardins Alt LongShort based on widely used predictive technical indicators. In general, we focus on analyzing Desjardins Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Desjardins Alt's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.0979 | |||
| Information Ratio | (0.90) | |||
| Maximum Drawdown | 0.4458 | |||
| Value At Risk | (0.13) | |||
| Potential Upside | 0.2238 |
Other Information on Investing in Desjardins Etf
Desjardins Alt financial ratios help investors to determine whether Desjardins Etf 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 Alt security.