Desjardins Ri Usa Etf Performance
| DRMU Etf | CAD 45.25 0.08 0.18% |
The etf shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Desjardins' returns are expected to increase less than the market. However, during the bear market, the loss of holding Desjardins is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Desjardins RI USA are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Desjardins displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.71 |
Desjardins |
Desjardins Relative Risk vs. Return Landscape
If you would invest 3,967 in Desjardins RI USA on September 1, 2024 and sell it today you would earn a total of 558.00 from holding Desjardins RI USA or generate 14.07% return on investment over 90 days. Desjardins RI USA is generating 0.2118% of daily returns and assumes 0.7455% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than Desjardins, and 96% 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 RI USA, 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 = 0.2841
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Desjardins is performing at about 22% 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 | 81.2 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.
DRMU seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a United States cap-weighted equity index. DESJARDINS is traded on Toronto Stock Exchange in Canada.| The fund retains 99.64% of its assets under management (AUM) in equities |
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.