Desjardins Melodia Balanced Fund Quote
| 0P0000YSHA | CAD 13.55 0.05 0.37% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Desjardins Melodia is trading at 13.55 as of the 31st of January 2025; that is 0.37% down since the beginning of the trading day. The fund's open price was 13.6. Desjardins Melodia has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
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. More on Desjardins Melodia Balanced
Moving together with Desjardins Fund
| 0.94 | 0P0000706A | RBC Select Balanced | PairCorr |
| 0.68 | 0P0000714D | Mawer Balanced | PairCorr |
Moving against Desjardins Fund
| 0.31 | 0P00007138 | RBC sciences biologiques | PairCorr |
Desjardins Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Desjardins Melodia's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Desjardins Melodia or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Global Neutral Balanced, Desjardins Investments Inc (View all Sectors) |
| Beta In Three Year | 1.22 |
| Startdate | 17th of May 2013 |
Desjardins Melodia Balanced [0P0000YSHA] is traded in Canada and was established 31st of January 2025. The fund is listed under Global Neutral Balanced category and is part of Desjardins Investments Inc family. Desjardins Melodia presently has accumulated 2.34 B in total net assets with minimum initial investment of 500. , while the total return for the last 3 years was 2.84%.
Check Desjardins Melodia Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Desjardins Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Desjardins Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Desjardins Melodia Balanced Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Desjardins Melodia Risk Profiles
Although Desjardins Melodia's alpha and beta are two of the key measurements used to evaluate Desjardins Melodia's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4101 | |||
| Standard Deviation | 0.9174 | |||
| Variance | 0.8416 | |||
| Risk Adjusted Performance | (0.03) |
Desjardins Melodia Against Markets
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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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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |