Desjardins American Equity Etf Price on December 13, 2024

DMEU Etf   24.58  0.06  0.24%   
If you're considering investing in Desjardins Etf, it is important to understand the factors that can impact its price. As of today, the current price of Desjardins American stands at 24.58, as last reported on the 9th of January, with the highest price reaching 24.58 and the lowest price hitting 24.51 during the day. As of now, Desjardins Etf is very steady. Desjardins American secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the etf had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Desjardins American Equity, which you can use to evaluate the volatility of the entity. Please confirm Desjardins American's Mean Deviation of 0.5501, coefficient of variation of 474.19, and Downside Deviation of 0.7458 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
  
Desjardins Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.154

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashDMEUAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.76
  actual daily
6
94% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average Desjardins American is performing at about 12% 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 American by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
511.7 K

Desjardins American Valuation on December 13, 2024

It is possible to determine the worth of Desjardins American on a given historical date. On December 13, 2024 Desjardins was worth 24.98 at the beginning of the trading date compared to the closed value of 24.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desjardins American etf. Still, in general, we apply an absolute valuation method to find Desjardins American'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 American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desjardins American's related companies.
 Open High Low Close Volume
  24.90    24.90    24.85    24.86    3,500  
12/13/2024
  24.98    24.98    24.86    24.86    1,100  
  25.03    25.03    24.95    25.00    2,300  
Backtest Desjardins American  |  Desjardins American History  |  Desjardins American Valuation   PreviousNext  
Open Value
24.98
24.86
Closing Value
27.25
Upside

Desjardins American Trading Date Momentum on December 13, 2024

On December 16 2024 Desjardins American Equity was traded for  25.00  at the closing time. The highest price during the trading period was 25.03  and the lowest recorded bid was listed for  24.95 . The volume for the day was 2.3 K. This history from December 16, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.56% . The overall trading delta to the current price is 0.04% .

About Desjardins American Etf history

Desjardins American 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 American 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 American stock prices may prove useful in developing a viable investing in Desjardins American

Desjardins American Etf Technical Analysis

Desjardins American technical etf 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, etf market cycles, or different charting patterns.
A focus of Desjardins American technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Desjardins American 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 American Period Price Range

Low
January 9, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Desjardins American Equity 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 American January 9, 2025 Market Strength

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

Desjardins American Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Desjardins American's price direction in advance. Along with the technical and fundamental analysis of Desjardins Etf 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 Etf

Desjardins American 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 American security.