Desjardins Ri Canada Etf Price on June 25, 2024
| DRFC Etf | 33.20 0.08 0.24% |
Below is the normalized historical share price chart for Desjardins RI Canada extending back to September 24, 2018. 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 stands at 33.20, as last reported on the 28th of November, with the highest price reaching 33.32 and the lowest price hitting 33.20 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 RI Canada secures Sharpe Ratio (or Efficiency) of 0.32, which denotes the etf had a 0.32% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Desjardins RI Canada, which you can use to evaluate the volatility of the entity. Please confirm Desjardins' Coefficient Of Variation of 332.95, downside deviation of 0.6056, and Mean Deviation of 0.4257 to check if the risk estimate we provide is consistent with the expected return of 0.19%.
Desjardins Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 13.23 | 200 Day MA 29.0244 | 1 y Volatility 10.02 | 50 Day MA 31.5008 | Inception Date 2018-09-27 |
Desjardins |
Sharpe Ratio = 0.3201
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Desjardins is performing at about 25% 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 by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 31.3 K |
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Desjardins Valuation on June 25, 2024
It is possible to determine the worth of Desjardins on a given historical date. On June 25, 2024 Desjardins was worth 27.52 at the beginning of the trading date compared to the closed value of 27.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desjardins etf. Still, in general, we apply an absolute valuation method to find Desjardins' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desjardins' related companies.
| Open | High | Low | Close | Volume | |
| 27.53 | 27.53 | 27.53 | 27.53 | 100.00 | |
06/25/2024 | 27.52 | 27.52 | 27.43 | 27.43 | 300.00 |
| 27.49 | 27.49 | 27.49 | 27.49 | 100.00 |
| Backtest Desjardins | | | Desjardins History | | | Desjardins Valuation | Previous | Next |
Desjardins Trading Date Momentum on June 25, 2024
| On June 26 2024 Desjardins RI Canada was traded for 27.49 at the closing time. The highest price during the trading period was 27.49 and the lowest recorded bid was listed for 27.49 . The volume for the day was 100.0. This history from June 26, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.22% . The overall trading delta to the current price is 2.15% . |
Desjardins RI Canada Fundamentals Correlations and Trends
By evaluating Desjardins' 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' 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 Etf history
Desjardins 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 RI Canada 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 stock prices may prove useful in developing a viable investing in Desjardins
Desjardins Etf Technical Analysis
Desjardins 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 Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Desjardins RI Canada 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 November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Desjardins 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 shares will generate the highest return on investment. By undertsting and applying Desjardins etf market strength indicators, traders can identify Desjardins RI Canada entry and exit signals to maximize returns
Desjardins Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Desjardins' 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 | 0.2266 | |||
| Jensen Alpha | 0.1462 | |||
| Total Risk Alpha | 0.074 | |||
| Sortino Ratio | 0.0765 | |||
| Treynor Ratio | 0.9772 |
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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.