Desjardins Ri Active Etf Buy Hold or Sell Recommendation
| DRCU Etf | CAD 18.55 0.04 0.22% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Desjardins RI Active is 'Cautious Hold'. The recommendation algorithm takes into account all of Desjardins' available fundamental, technical, and predictive indicators you will find on this site.
Check out Desjardins 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 RI Active. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Desjardins |
Execute Desjardins 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 RI Active. Macroaxis does not own or have any residual interests in Desjardins RI Active or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Desjardins' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Desjardins Trading Alerts and Improvement Suggestions
| Desjardins RI Active generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Desjardins RI Active retains about 97.98% of its assets under management (AUM) in fixed income securities |
Desjardins Returns Distribution Density
The distribution of Desjardins' historical returns is an attempt to chart the uncertainty of Desjardins' future price movements. The chart of the probability distribution of Desjardins daily returns describes the distribution of returns around its average expected value. We use Desjardins RI Active price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Desjardins returns is essential to provide solid investment advice for Desjardins.
| Mean Return | -0.01 | Value At Risk | -0.53 | Potential Upside | 0.48 | Standard Deviation | 0.33 |
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 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 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 or DGAM 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' price will be affected by overall etf 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 etf'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 | -0.02 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.43 |
Desjardins Volatility Alert
Desjardins RI Active exhibits very low volatility with skewness of 0.3 and kurtosis of 0.72. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Desjardins' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Desjardins' etf 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 Fundamentals Vs Peers
Comparing Desjardins' 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' direct or indirect competition across all of the common fundamentals between Desjardins and the related equities. This way, we can detect undervalued stocks with similar characteristics as Desjardins or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Desjardins' fundamental indicators could also be used in its relative valuation, which is a method of valuing Desjardins by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Desjardins to competition |
| Fundamentals | Desjardins | Peer Average |
| Beta | 1.06 | |
| One Year Return | 7.90 % | (0.97) % |
| Three Year Return | (0.30) % | 3.23 % |
| Five Year Return | 0.20 % | 1.12 % |
| Net Asset | 36.06 M | 2.29 B |
| Last Dividend Paid | 0.047 | 0.14 |
| Bond Positions Weight | 97.98 % | 8.16 % |
Desjardins 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 | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.55 | |||
| Day Typical Price | 18.55 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.04) | |||
| Relative Strength Index | 48.84 |
About Desjardins Buy or Sell Advice
When is the right time to buy or sell Desjardins RI Active? Buying financial instruments such as Desjardins Etf 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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In addition to having Desjardins in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.