Desjardins 1 5 Year Etf Buy Hold or Sell Recommendation

DCG Etf  CAD 18.37  0.01  0.05%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Desjardins 1 5 Year is 'Sell'. The recommendation algorithm takes into account all of Desjardins' available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Desjardins Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Desjardins and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Desjardins 1 5 Year. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Desjardins Buy or Sell Advice

The Desjardins recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Desjardins 1 5 Year. Macroaxis does not own or have any residual interests in Desjardins 1 5 Year or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Desjardins' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell DesjardinsBuy Desjardins
Sell

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Desjardins 1 5 Year has a Mean Deviation of 0.1117, Semi Deviation of 0.0232, Standard Deviation of 0.1597, Variance of 0.0255, Downside Variance of 0.0313 and Semi Variance of 5.0E-4
Our trade advice tool can cross-verify current analyst consensus on Desjardins 1 5 and to analyze the etf potential to grow in the current economic cycle. Please use Desjardins total asset, five year return, as well as the relationship between the Five Year Return and bond positions weight to make buy, hold, or sell decision on Desjardins 1 5.

Desjardins Trading Alerts and Improvement Suggestions

The fund retains about 99.99% of its assets under management (AUM) in fixed income securities

Desjardins Returns Distribution Density

The distribution of Desjardins' historical returns is an attempt to chart the uncertainty of Desjardins' future price movements. The chart of the probability distribution of Desjardins daily returns describes the distribution of returns around its average expected value. We use Desjardins 1 5 Year price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Desjardins returns is essential to provide solid investment advice for Desjardins.
Mean Return
0.02
Value At Risk
-0.22
Potential Upside
0.33
Standard Deviation
0.16
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Desjardins historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Desjardins Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Desjardins or DGAM sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Desjardins' price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Desjardins etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
0.01
β
Beta against Dow Jones-0.01
σ
Overall volatility
0.16
Ir
Information ratio -0.68

Desjardins Volatility Alert

Desjardins 1 5 Year exhibits very low volatility with skewness of -0.12 and kurtosis of 2.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Desjardins' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Desjardins' etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Desjardins Fundamentals Vs Peers

Comparing Desjardins' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Desjardins' direct or indirect competition across all of the common fundamentals between Desjardins and the related equities. This way, we can detect undervalued stocks with similar characteristics as Desjardins or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Desjardins' fundamental indicators could also be used in its relative valuation, which is a method of valuing Desjardins by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Desjardins to competition
FundamentalsDesjardinsPeer Average
Beta1.26
One Year Return5.90 %(0.97) %
Three Year Return1.70 %3.23 %
Five Year Return1.70 %1.12 %
Net Asset22.25 M2.29 B
Last Dividend Paid0.050.14
Bond Positions Weight99.99 %8.16 %

Desjardins Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Desjardins . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Desjardins Buy or Sell Advice

When is the right time to buy or sell Desjardins 1 5 Year? Buying financial instruments such as Desjardins Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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In addition to having Desjardins in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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.