Desjardins Alt Longshort Etf Price on November 29, 2024
| DANC Etf | CAD 22.69 0.03 0.13% |
Below is the normalized historical share price chart for Desjardins Alt LongShort extending back to January 24, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Desjardins Alt stands at 22.69, as last reported on the 3rd of December, with the highest price reaching 22.69 and the lowest price hitting 22.69 during the day.
If you're considering investing in Desjardins Etf, it is important to understand the factors that can impact its price. As of now, Desjardins Etf is very steady. Desjardins Alt LongShort secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the etf had a 0.22% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Desjardins Alt LongShort, which you can use to evaluate the volatility of the entity. Please confirm Desjardins Alt's Mean Deviation of 0.0931, coefficient of variation of 495.5, and Standard Deviation of 0.1171 to check if the risk estimate we provide is consistent with the expected return of 0.0265%.
Desjardins Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 1.41 | 200 Day MA 22.2977 | 1 y Volatility 1.14 | 50 Day MA 22.5062 | Inception Date 2019-01-24 |
Desjardins |
Sharpe Ratio = 0.2243
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DANC |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Desjardins Alt is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Desjardins Alt by adding it to a well-diversified portfolio.
Average Mkt Cap Mil  - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Desjardins Alt Valuation on November 29, 2024
It is possible to determine the worth of Desjardins Alt on a given historical date. On November 29, 2024 Desjardins was worth 22.67 at the beginning of the trading date compared to the closed value of 22.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desjardins Alt etf. Still, in general, we apply an absolute valuation method to find Desjardins Alt's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Desjardins Alt where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desjardins Alt's related companies.
| Open | High | Low | Close | Volume | |
| 22.68 | 22.68 | 22.68 | 22.68 | 1.00 | |
11/29/2024 | 22.67 | 22.67 | 22.66 | 22.66 | 300.00 |
| 22.69 | 22.69 | 22.69 | 22.69 | 100.00 |
| Backtest Desjardins Alt | | | Desjardins Alt History | | | Desjardins Alt Valuation | Previous | Next |
Desjardins Alt Trading Date Momentum on November 29, 2024
| On December 02 2024 Desjardins Alt LongShort was traded for 22.69 at the closing time. The highest price during the trading period was 22.69 and the lowest recorded bid was listed for 22.69 . The volume for the day was 100.0. This history from December 2, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.13% . The overall trading delta to the current price is 0.13% . |
Desjardins Alt LongShort Fundamentals Correlations and Trends
By evaluating Desjardins Alt's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Desjardins Alt's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Desjardins financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Desjardins Alt Etf history
Desjardins Alt investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Desjardins is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Desjardins Alt LongShort will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Desjardins Alt stock prices may prove useful in developing a viable investing in Desjardins Alt
Desjardins Alt Etf Technical Analysis
Desjardins Alt technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Desjardins Alt Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Desjardins Alt LongShort cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Desjardins Alt December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Desjardins Alt etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Desjardins Alt shares will generate the highest return on investment. By undertsting and applying Desjardins Alt etf market strength indicators, traders can identify Desjardins Alt LongShort entry and exit signals to maximize returns
Desjardins Alt Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Desjardins Alt's price direction in advance. Along with the technical and fundamental analysis of Desjardins Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Desjardins to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0989 | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (1.05) | |||
| Treynor Ratio | 2.27 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.