Desjardins Ri Developed Etf Price on December 17, 2024

DRMD Etf  CAD 25.54  0.03  0.12%   
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 stands at 25.54, as last reported on the 9th of January, with the highest price reaching 25.54 and the lowest price hitting 25.54 during the day. Desjardins RI Developed secures Sharpe Ratio (or Efficiency) of -0.033, which denotes the etf had a -0.033% return per unit of risk over the last 3 months. Desjardins RI Developed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Desjardins' Mean Deviation of 0.4622, standard deviation of 0.6123, and Variance of 0.3749 to check the risk estimate we provide.
  
Desjardins Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.033

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Estimated Market Risk

 0.61
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Desjardins is not performing at its full potential. However, 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 Desjardins to a well-diversified portfolio.

Desjardins Valuation on December 17, 2024

It is possible to determine the worth of Desjardins on a given historical date. On December 17, 2024 Desjardins was worth 25.86 at the beginning of the trading date compared to the closed value of 25.8. 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
  25.76    25.76    25.76    25.76    1.00  
12/17/2024
  25.86    25.86    25.80    25.80    762.00  
  25.43    25.43    25.43    25.43    200.00  
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Open Value
25.86
25.8
Closing Value
27.70
Upside

Desjardins Trading Date Momentum on December 17, 2024

On December 18 2024 Desjardins RI Developed was traded for  25.43  at the closing time. The highest price during the trading period was 25.43  and the lowest recorded bid was listed for  25.43 . The volume for the day was 200. This history from December 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.43% . The overall trading delta to the current price is 1.28% .

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

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.
A focus of Desjardins technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Desjardins 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 Period Price Range

Low
January 9, 2025
0.00  NaN%
High

 0.00 

     

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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 January 9, 2025 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.

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.