Desjardins Canadian Short Etf Price on September 18, 2024
DCS Etf | CAD 18.82 0.02 0.11% |
Below is the normalized historical share price chart for Desjardins Canadian Short extending back to April 13, 2017. 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 Canadian stands at 18.82, as last reported on the 25th of November, with the highest price reaching 18.82 and the lowest price hitting 18.82 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 Canadian Short secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the etf had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Desjardins Canadian Short, which you can use to evaluate the volatility of the entity. Please confirm Desjardins Canadian's Standard Deviation of 0.1212, mean deviation of 0.0901, and Coefficient Of Variation of 828.25 to check if the risk estimate we provide is consistent with the expected return of 0.0136%.
Desjardins Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 2.97 | 200 Day MA 18.6006 | 1 y Volatility 2.49 | 50 Day MA 18.8898 | Inception Date 2017-04-03 |
Desjardins |
Sharpe Ratio = 0.1117
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Estimated Market Risk
0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Desjardins Canadian is performing at about 8% 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 Canadian by adding it to a well-diversified portfolio.
Average Mkt Cap Mil CADÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Desjardins Canadian Valuation on September 18, 2024
It is possible to determine the worth of Desjardins Canadian on a given historical date. On September 18, 2024 Desjardins was worth 18.83 at the beginning of the trading date compared to the closed value of 18.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desjardins Canadian etf. Still, in general, we apply an absolute valuation method to find Desjardins Canadian'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 Canadian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desjardins Canadian's related companies.
Open | High | Low | Close | Volume | |
18.85 | 18.85 | 18.85 | 18.85 | 1.00 | |
09/18/2024 | 18.83 | 18.83 | 18.83 | 18.83 | 400.00 |
18.84 | 18.84 | 18.84 | 18.84 | 1.00 |
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Desjardins Canadian Trading Date Momentum on September 18, 2024
On September 19 2024 Desjardins Canadian Short was traded for 18.84 at the closing time. The maximum traded price for the trading interval was 18.84 and the lowest daily price was 18.84 . There was no trading activity during the period 1.0. Lack of trading volume on 19th of September 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.05% . The overall trading delta to the closing price today is 0.05% . |
Desjardins Canadian Short Fundamentals Correlations and Trends
By evaluating Desjardins Canadian'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 Canadian'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 Canadian Etf history
Desjardins Canadian 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 Canadian Short 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 Canadian stock prices may prove useful in developing a viable investing in Desjardins Canadian
DCS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a broad Canadian bond index with a short-term average maturity. Desjardins Canadian is traded on Toronto Stock Exchange in Canada.
Desjardins Canadian Etf Technical Analysis
Desjardins Canadian 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 Canadian Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Desjardins Canadian Short 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 Canadian November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Desjardins Canadian 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 Canadian shares will generate the highest return on investment. By undertsting and applying Desjardins Canadian etf market strength indicators, traders can identify Desjardins Canadian Short entry and exit signals to maximize returns
Desjardins Canadian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Desjardins Canadian'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 | 0.0393 | |||
Jensen Alpha | 0.0044 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.74) | |||
Treynor Ratio | 2.44 |
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Other Information on Investing in Desjardins Etf
Desjardins Canadian 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 Canadian security.