Desjardins Ri Developed Etf Price on May 15, 2024
| DRFD Etf | CAD 23.95 0.05 0.21% |
Below is the normalized historical share price chart for Desjardins RI Developed extending back to September 24, 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 stands at 23.95, as last reported on the 13th of December 2024, with the highest price reaching 23.98 and the lowest price hitting 23.95 during the day.
If you're considering investing in Desjardins Etf, it is important to understand the factors that can impact its price. As of now, Desjardins Etf is very steady. Desjardins RI Developed secures Sharpe Ratio (or Efficiency) of 0.0436, which denotes the etf had a 0.0436% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Desjardins RI Developed, which you can use to evaluate the volatility of the entity. Please confirm Desjardins' Variance of 0.2164, standard deviation of 0.4652, and Mean Deviation of 0.2113 to check if the risk estimate we provide is consistent with the expected return of 0.0193%.
Desjardins Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 11.2 | 200 Day MA 23.0714 | 1 y Volatility 8.02 | 50 Day MA 23.5108 | Inception Date 2018-09-27 |
Desjardins |
Sharpe Ratio = 0.0436
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DRFD |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Desjardins is performing at about 3% 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 by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 37.4 K |
Desjardins Valuation on May 15, 2024
It is possible to determine the worth of Desjardins on a given historical date. On May 15, 2024 Desjardins was worth 22.74 at the beginning of the trading date compared to the closed value of 22.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desjardins etf. Still, in general, we apply an absolute valuation method to find Desjardins' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desjardins' related companies.
| Open | High | Low | Close | Volume | |
| 22.90 | 22.90 | 22.90 | 22.90 | 1.00 | |
05/15/2024 | 22.74 | 22.98 | 22.74 | 22.97 | 2,200 |
| 22.97 | 22.97 | 22.97 | 22.97 | 1.00 |
| Backtest Desjardins | | | Desjardins History | | | Desjardins Valuation | Previous | Next |
Desjardins Trading Date Momentum on May 15, 2024
| On May 16 2024 Desjardins RI Developed was traded for 22.97 at the closing time. The highest price during the trading period was 22.97 and the lowest recorded bid was listed for 22.97 . There was no trading activity during the period 1.0. Lack of trading volume on May 16, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Desjardins RI Developed Fundamentals Correlations and Trends
By evaluating Desjardins' 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' 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 Etf history
Desjardins 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 RI Developed 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 stock prices may prove useful in developing a viable investing in Desjardins
DRFD seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a developed markets index that employs a multifactor approach. DESJARDINS is traded on Toronto Stock Exchange in Canada.
Desjardins Etf Technical Analysis
Desjardins 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.
Price Boundaries
Desjardins Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Desjardins RI Developed 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 December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Desjardins 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 shares will generate the highest return on investment. By undertsting and applying Desjardins etf market strength indicators, traders can identify Desjardins RI Developed entry and exit signals to maximize returns
Desjardins Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Desjardins' 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.
| Risk Adjusted Performance | 0.0742 | |||
| Jensen Alpha | 0.0346 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.6358 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.