Desjardins Melodia Balanced Fund Buy Hold or Sell Recommendation
| 0P0000YSHA | CAD 14.33 0.08 0.56% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Desjardins Melodia Balanced is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Desjardins Melodia Balanced given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Desjardins Melodia Balanced, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Desjardins Melodia Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Desjardins and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Desjardins Melodia Balanced. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Desjardins |
Execute Desjardins Melodia Buy or Sell Advice
The Desjardins recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Desjardins Melodia Balanced. Macroaxis does not own or have any residual interests in Desjardins Melodia Balanced or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Desjardins Melodia's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Desjardins Melodia Trading Alerts and Improvement Suggestions
| The fund holds about 33.81% of its total net assets in fixed income securities |
Desjardins Melodia Returns Distribution Density
The distribution of Desjardins Melodia's historical returns is an attempt to chart the uncertainty of Desjardins Melodia's future price movements. The chart of the probability distribution of Desjardins Melodia daily returns describes the distribution of returns around its average expected value. We use Desjardins Melodia Balanced price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Desjardins Melodia returns is essential to provide solid investment advice for Desjardins Melodia.
| Mean Return | 0.1 | Value At Risk | -0.43 | Potential Upside | 0.60 | Standard Deviation | 0.37 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Desjardins Melodia historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Desjardins Melodia Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Desjardins Melodia or Desjardins Investments Inc sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Desjardins Melodia's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Desjardins fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.11 |
Desjardins Melodia Volatility Alert
Desjardins Melodia Balanced exhibits very low volatility with skewness of 0.21 and kurtosis of 0.65. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Desjardins Melodia's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Desjardins Melodia's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Desjardins Melodia Fundamentals Vs Peers
Comparing Desjardins Melodia's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Desjardins Melodia's direct or indirect competition across all of the common fundamentals between Desjardins Melodia and the related equities. This way, we can detect undervalued stocks with similar characteristics as Desjardins Melodia or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Desjardins Melodia's fundamental indicators could also be used in its relative valuation, which is a method of valuing Desjardins Melodia by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Desjardins Melodia to competition |
| Fundamentals | Desjardins Melodia | Peer Average |
| One Year Return | 3.56 % | 4.15 % |
| Three Year Return | 2.84 % | 3.60 % |
| Five Year Return | 3.26 % | 3.24 % |
| Net Asset | 2.34 B | 4.11 B |
| Minimum Initial Investment | 500 | 976.16 K |
| Cash Position Weight | 2.98 % | 10.61 % |
| Equity Positions Weight | 60.45 % | 63.90 % |
| Bond Positions Weight | 33.81 % | 11.24 % |
Desjardins Melodia Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Desjardins . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 14.33 | |||
| Day Typical Price | 14.33 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | 0.08 |
About Desjardins Melodia Buy or Sell Advice
When is the right time to buy or sell Desjardins Melodia Balanced? Buying financial instruments such as Desjardins Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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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