Desjardins Ri Developed Etf Performance
| DRMD Etf | CAD 25.36 0.02 0.08% |
The etf shows a Beta (market volatility) of 0.0507, which means not very significant fluctuations relative to the market. 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
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Over the last 90 days Desjardins RI Developed has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic 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 | 0.33 |
Desjardins |
Desjardins Relative Risk vs. Return Landscape
If you would invest 2,558 in Desjardins RI Developed on September 2, 2024 and sell it today you would lose (22.00) from holding Desjardins RI Developed or give up 0.86% of portfolio value over 90 days. Desjardins RI Developed is generating negative expected returns and assumes 0.6578% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile 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 |
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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 Developed, 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 = -0.0173
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Desjardins is not performing at its full potential. However, 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 Desjardins 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 | 52.89 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.
DESJARDINS is traded on Toronto Stock Exchange in Canada.| Desjardins generated a negative expected return over the last 90 days | |
| The fund retains 98.89% 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.