Desjardins Ownership

DRMD Etf  CAD 25.54  0.03  0.12%   
Some institutional investors establish a significant position in etfs such as Desjardins in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Desjardins, and when they decide to sell, the etf will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desjardins RI Developed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Desjardins Etf Ownership Analysis

The fund retains 98.89% of assets under management (AUM) in equities. DESJARDINS is traded on Toronto Stock Exchange in Canada. To learn more about Desjardins RI Developed call the company at NA.

Top Etf Constituents

Desjardins Outstanding Bonds

Desjardins issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Desjardins RI Developed uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Desjardins bonds can be classified according to their maturity, which is the date when Desjardins RI Developed has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Pair Trading with Desjardins

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Desjardins Etf

  0.94XEF iShares Core MSCIPairCorr
  0.95ZEA BMO MSCI EAFEPairCorr
  0.95VIU Vanguard FTSE DevelopedPairCorr
  0.83XIN iShares MSCI EAFEPairCorr
  0.81XFH iShares Core MSCIPairCorr
The ability to find closely correlated positions to Desjardins 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 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 - 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 RI Developed to buy it.
The correlation of Desjardins 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desjardins RI Developed 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 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.
Pair CorrelationCorrelation Matching

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.