Desjardins Melodia Balanced Fund Price on November 7, 2024

0P0000YSHA  CAD 14.41  0.08  0.55%   
Below is the normalized historical share price chart for Desjardins Melodia Balanced extending back to January 02, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Desjardins Melodia stands at 14.41, as last reported on the 13th of December 2024, with the highest price reaching 14.41 and the lowest price hitting 14.41 during the day.
 
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If you're considering investing in Desjardins Fund, it is important to understand the factors that can impact its price. At this stage we consider Desjardins Fund to be very steady. Desjardins Melodia secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Desjardins Melodia Balanced, which you can use to evaluate the volatility of the entity. Please confirm Desjardins Melodia's Standard Deviation of 0.35, mean deviation of 0.2728, and Coefficient Of Variation of 333.0 to check if the risk estimate we provide is consistent with the expected return of 0.0833%.
  
Desjardins Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2373

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Estimated Market Risk

 0.35
  actual daily
3
97% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
18
82% of assets perform better
Based on monthly moving average Desjardins Melodia is performing at about 18% 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 Melodia by adding it to a well-diversified portfolio.

Desjardins Melodia Valuation on November 7, 2024

It is possible to determine the worth of Desjardins Melodia on a given historical date. On November 7, 2024 Desjardins was worth 14.1 at the beginning of the trading date compared to the closed value of 14.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desjardins Melodia fund. Still, in general, we apply an absolute valuation method to find Desjardins Melodia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Desjardins Melodia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desjardins Melodia's related companies.
 Open High Low Close Volume
  14.04    14.04    14.04    14.04    1.00  
11/07/2024
  14.10    14.10    14.10    14.10    1.00  
  14.13    14.13    14.13    14.13    1.00  
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Open Value
14.1
14.1
Closing Value
15.15
Upside

Desjardins Melodia Trading Date Momentum on November 7, 2024

On November 08 2024 Desjardins Melodia Balanced was traded for  14.13  at the closing time. The highest price during the trading period was 14.13  and the lowest recorded bid was listed for  14.13 . There was no trading activity during the period 1.0. Lack of trading volume on November 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.21% . The overall trading delta to the current price is 0.43% .

Desjardins Melodia Fundamentals Correlations and Trends

By evaluating Desjardins Melodia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Desjardins Melodia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Desjardins financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Desjardins Melodia Fund history

Desjardins Melodia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Desjardins is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Desjardins Melodia will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Desjardins Melodia stock prices may prove useful in developing a viable investing in Desjardins Melodia

Desjardins Melodia Fund Technical Analysis

Desjardins Melodia technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Desjardins Melodia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Desjardins Melodia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Desjardins Melodia Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Desjardins Melodia Balanced cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Desjardins Melodia December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Desjardins Melodia fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Desjardins Melodia shares will generate the highest return on investment. By undertsting and applying Desjardins Melodia fund market strength indicators, traders can identify Desjardins Melodia Balanced entry and exit signals to maximize returns

Desjardins Melodia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Desjardins Melodia's price direction in advance. Along with the technical and fundamental analysis of Desjardins Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Desjardins to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.
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