Desjardins Sustainable Maximum Fund One Year Return
| 0P0000J2C7 | CAD 26.31 0.03 0.11% |
Desjardins Sustainable Maximum fundamentals help investors to digest information that contributes to Desjardins Sustainable's financial success or failures. It also enables traders to predict the movement of Desjardins Fund. The fundamental analysis module provides a way to measure Desjardins Sustainable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Desjardins Sustainable fund.
Desjardins |
Desjardins Sustainable Maximum Fund One Year Return Analysis
Desjardins Sustainable's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Desjardins Sustainable One Year Return | 6.41 % |
Most of Desjardins Sustainable's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Desjardins Sustainable Maximum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Desjardins Sustainable Maximum has an One Year Return of 6.41%. This is much higher than that of the Desjardins Investments Inc family and significantly higher than that of the Global Equity Balanced category. The one year return for all Canada funds is notably lower than that of the firm.
Desjardins One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Desjardins Sustainable's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Desjardins Sustainable could also be used in its relative valuation, which is a method of valuing Desjardins Sustainable by comparing valuation metrics of similar companies.Desjardins Sustainable is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Desjardins Sustainable
The fund consists of 77.83% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Desjardins Sustainable's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Desjardins Fundamentals
| Total Asset | 444.83 M | |||
| One Year Return | 6.41 % | |||
| Three Year Return | 3.98 % | |||
| Five Year Return | 4.37 % | |||
| Ten Year Return | 6.84 % | |||
| Net Asset | 444.83 M | |||
| Minimum Initial Investment | 500 | |||
| Cash Position Weight | 3.93 % | |||
| Equity Positions Weight | 77.83 % | |||
| Bond Positions Weight | 16.38 % |
About Desjardins Sustainable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Desjardins Sustainable Maximum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Desjardins Sustainable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Desjardins Sustainable Maximum based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Desjardins Sustainable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Desjardins Sustainable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Desjardins Sustainable will appreciate offsetting losses from the drop in the long position's value.Moving together with Desjardins Fund
| 0.95 | 0P00007069 | RBC Portefeuille | PairCorr |
| 0.75 | 0P00007065 | RBC mondial dnergie | PairCorr |
| 0.9 | 0P000075FV | Fidelity Canadian Growth | PairCorr |
The ability to find closely correlated positions to Desjardins Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desjardins Sustainable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Desjardins Sustainable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Desjardins Sustainable Maximum to buy it.
The correlation of Desjardins Sustainable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Desjardins Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desjardins Sustainable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Desjardins Sustainable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Desjardins Fund
Desjardins Sustainable 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 Sustainable security.
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