Desjardins Canadian Financials
| DCP Etf | CAD 19.31 0.06 0.31% |
3 y Sharp Ratio 0.02 |
Desjardins |
The data published in Desjardins Canadian's official financial statements typically reflect Desjardins Canadian's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Desjardins Canadian's quantitative information. For example, before you start analyzing numbers published by Desjardins accountants, it's essential to understand Desjardins Canadian's liquidity, profitability, and earnings quality within the context of the DGAM space in which it operates.
Desjardins Canadian Etf Summary
Desjardins Canadian competes with BMO Laddered, IShares SPTSX, and RBC Quant. DCP seeks to replicate to the extent reasonably possible and before fees and expenses, the performance of a Canadian preferred shares index. DESJARDINS CDN is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA25058Y1034 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | DGAM |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 800 224 7737 |
| Currency | CAD - Canadian Dollar |
You should never invest in Desjardins Canadian without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Desjardins Etf, because this is throwing your money away. Analyzing the key information contained in Desjardins Canadian's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Desjardins Canadian Key Financial Ratios
Desjardins Canadian's financial ratios allow both analysts and investors to convert raw data from Desjardins Canadian's financial statements into concise, actionable information that can be used to evaluate the performance of Desjardins Canadian over time and compare it to other companies across industries.Desjardins Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Desjardins Canadian's current stock value. Our valuation model uses many indicators to compare Desjardins Canadian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Desjardins Canadian competition to find correlations between indicators driving Desjardins Canadian's intrinsic value. More Info.Desjardins Canadian Preferred is rated # 3 ETF in beta as compared to similar ETFs. It is one of the top ETFs in one year return as compared to similar ETFs reporting about 28.20 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Desjardins Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Desjardins Canadian's Etf. 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 Canadian Systematic Risk
Desjardins Canadian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Desjardins Canadian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Desjardins Canadian correlated with the market. If Beta is less than 0 Desjardins Canadian generally moves in the opposite direction as compared to the market. If Desjardins Canadian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Desjardins Canadian is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Desjardins Canadian is generally in the same direction as the market. If Beta > 1 Desjardins Canadian moves generally in the same direction as, but more than the movement of the benchmark.
Desjardins Canadian December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Desjardins Canadian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Desjardins Canadian Preferred. We use our internally-developed statistical techniques to arrive at the intrinsic value of Desjardins Canadian Preferred based on widely used predictive technical indicators. In general, we focus on analyzing Desjardins Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Desjardins Canadian's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6971 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.16 |
Other Information on Investing in Desjardins Etf
Desjardins Canadian 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 Canadian security.