Desjardins 1 5 Year Etf Performance
| DCG Etf | CAD 18.21 0.04 0.22% |
The etf shows a Beta (market volatility) of -0.0112, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Desjardins are expected to decrease at a much lower rate. During the bear market, Desjardins is likely to outperform the market.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Desjardins 1 5 Year are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, Desjardins is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.55 |
Desjardins |
Desjardins Relative Risk vs. Return Landscape
If you would invest 1,805 in Desjardins 1 5 Year on August 30, 2024 and sell it today you would earn a total of 16.00 from holding Desjardins 1 5 Year or generate 0.89% return on investment over 90 days. Desjardins 1 5 Year is generating 0.0141% of daily returns assuming 0.1577% volatility of returns over the 90 days investment horizon. Simply put, 1% of all etfs have less volatile historical return distribution than Desjardins, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Desjardins Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desjardins' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Desjardins 1 5 Year, and traders can use it to determine the average amount a Desjardins' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0896
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| Negative Returns | DCG |
Estimated Market Risk
| 0.16 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
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Desjardins is performing at about 7% 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.
Desjardins Fundamentals Growth
Desjardins Etf prices reflect investors' perceptions of the future prospects and financial health of Desjardins, and Desjardins fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Desjardins Etf performance.
| Total Asset | 22.25 M | |||
About Desjardins Performance
By examining Desjardins' fundamental ratios, stakeholders can obtain critical insights into Desjardins' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Desjardins is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
DCG seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a selected short term Canadian government bond index, which Index is divided into five groupings with staggered maturities. DESJARDINS 1TO5 is traded on Toronto Stock Exchange in Canada.| The fund retains about 99.99% of its assets under management (AUM) in fixed income securities |
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.