Desjardins Melodia Balanced Fund Fundamentals
| 0P0000YSHA | CAD 14.33 0.08 0.56% |
Desjardins Melodia Balanced fundamentals help investors to digest information that contributes to Desjardins Melodia's financial success or failures. It also enables traders to predict the movement of Desjardins Fund. The fundamental analysis module provides a way to measure Desjardins Melodia's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Desjardins Melodia fund.
Desjardins |
Desjardins Melodia Balanced Fund Minimum Initial Investment Analysis
Desjardins Melodia's Minimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.
More About Minimum Initial Investment | All Equity Analysis
Minimum Initial Investment | = | First Fund Deposit |
Current Desjardins Melodia Minimum Initial Investment | 500 |
Most of Desjardins Melodia's fundamental indicators, such as Minimum Initial Investment, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Desjardins Melodia Balanced is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it against random trades that may negatively affect fund strategy.
| Competition |
Based on the recorded statements, Desjardins Melodia Balanced has a Minimum Initial Investment of 500. This is 50.0% lower than that of the Desjardins Investments Inc family and significantly higher than that of the Global Neutral Balanced category. The minimum initial investment for all Canada funds is notably lower than that of the firm.
Desjardins Melodia Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Desjardins Melodia's current stock value. Our valuation model uses many indicators to compare Desjardins Melodia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Desjardins Melodia competition to find correlations between indicators driving Desjardins Melodia's intrinsic value. More Info.Desjardins Melodia Balanced is third largest fund in one year return among similar funds. It also is third largest fund in three year return among similar funds reporting about 0.80 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Desjardins Melodia Balanced is roughly 1.25 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Desjardins Melodia by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Desjardins Melodia's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Desjardins Minimum Initial Investment Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Desjardins Melodia's direct or indirect competition against its Minimum Initial Investment to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Desjardins Melodia could also be used in its relative valuation, which is a method of valuing Desjardins Melodia by comparing valuation metrics of similar companies.Desjardins Melodia is third largest fund in minimum initial investment among similar funds.
Fund Asset Allocation for Desjardins Melodia
The fund invests 60.45% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (33.81%) , cash (2.98%) and various exotic instruments.Asset allocation divides Desjardins Melodia's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Desjardins Fundamentals
| Total Asset | 2.34 B | |||
| One Year Return | 3.56 % | |||
| Three Year Return | 2.84 % | |||
| Five Year Return | 3.26 % | |||
| Net Asset | 2.34 B | |||
| Minimum Initial Investment | 500 | |||
| Cash Position Weight | 2.98 % | |||
| Equity Positions Weight | 60.45 % | |||
| Bond Positions Weight | 33.81 % |
About Desjardins Melodia Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Desjardins Melodia Balanced's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Desjardins Melodia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Desjardins Melodia Balanced based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Its objective is to provide long-term capital appreciation and, to a lesser extent, generate an income return. Desjardins Melodia is traded on Toronto Stock Exchange in Canada.
Pair Trading with Desjardins Melodia
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Desjardins Melodia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Desjardins Melodia will appreciate offsetting losses from the drop in the long position's value.Moving together with Desjardins Fund
| 0.69 | 0P0000706A | RBC Select Balanced | PairCorr |
| 0.67 | 0P0001FAU8 | TD Comfort Balanced | PairCorr |
| 0.65 | 0P0000714D | Mawer Balanced | PairCorr |
| 0.69 | 0P00007069 | RBC Portefeuille | PairCorr |
The ability to find closely correlated positions to Desjardins Melodia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desjardins Melodia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Desjardins Melodia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Desjardins Melodia Balanced to buy it.
The correlation of Desjardins Melodia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Desjardins Melodia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desjardins Melodia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Desjardins Melodia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Desjardins Fund
Desjardins Melodia financial ratios help investors to determine whether Desjardins Fund 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 Melodia security.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |