Desjardins Financials
| DRFC Etf | 33.20 0.08 0.24% |
3 y Sharp Ratio 0.69 |
Desjardins |
The data published in Desjardins' official financial statements typically reflect Desjardins' 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' quantitative information. For example, before you start analyzing numbers published by Desjardins accountants, it's essential to understand Desjardins' liquidity, profitability, and earnings quality within the context of the Canadian Equity space in which it operates.
Desjardins Etf Summary
Desjardins competes with IShares SPTSX, IShares Core, BMO SPTSX, Vanguard FTSE, and Global X. Desjardins is entity of Canada. It is traded as Etf on TO exchange.You should never invest in Desjardins 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' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Desjardins Key Financial Ratios
Desjardins' financial ratios allow both analysts and investors to convert raw data from Desjardins' financial statements into concise, actionable information that can be used to evaluate the performance of Desjardins 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's current stock value. Our valuation model uses many indicators to compare Desjardins value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Desjardins competition to find correlations between indicators driving Desjardins's intrinsic value. More Info.Desjardins RI Canada is rated below average in beta as compared to similar ETFs. It is rated # 2 ETF in one year return as compared to similar ETFs reporting about 34.62 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Desjardins by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Desjardins' 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 RI Canada Systematic Risk
Desjardins' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Desjardins 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Desjardins RI Canada correlated with the market. If Beta is less than 0 Desjardins generally moves in the opposite direction as compared to the market. If Desjardins Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Desjardins RI Canada is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Desjardins is generally in the same direction as the market. If Beta > 1 Desjardins moves generally in the same direction as, but more than the movement of the benchmark.
Desjardins November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Desjardins help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Desjardins RI Canada. We use our internally-developed statistical techniques to arrive at the intrinsic value of Desjardins RI Canada 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's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6056 | |||
| Information Ratio | 0.0787 | |||
| Maximum Drawdown | 2.81 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 1.18 |
Other Information on Investing in Desjardins Etf
Desjardins 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 security.