Desjardins Melodia Balanced Fund Manager Performance Evaluation
| 0P0000YSHA | CAD 14.36 0.03 0.21% |
The fund shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Desjardins Melodia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Desjardins Melodia is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Desjardins Melodia Balanced are ranked lower than 22 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Desjardins Melodia may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Fifty Two Week Low | 10.40 | |
| Fifty Two Week High | 13.32 | |
| Annual Report Expense Ratio | 2.30% |
Desjardins |
Desjardins Melodia Relative Risk vs. Return Landscape
If you would invest 1,347 in Desjardins Melodia Balanced on September 4, 2024 and sell it today you would earn a total of 89.00 from holding Desjardins Melodia Balanced or generate 6.61% return on investment over 90 days. Desjardins Melodia Balanced is generating 0.1006% of daily returns and assumes 0.355% volatility on return distribution over the 90 days horizon. Simply put, 3% of funds are less volatile than Desjardins, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Desjardins Melodia Current Valuation
Overvalued
Today
Please note that Desjardins Melodia's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Desjardins Melodia shows a prevailing Real Value of C$13.12 per share. The current price of the fund is C$14.36. We determine the value of Desjardins Melodia from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will submerge.
Since Desjardins Melodia is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Desjardins Fund. However, Desjardins Melodia's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 14.36 | Real 13.12 | Hype 14.36 | Naive 14.46 |
The intrinsic value of Desjardins Melodia's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Desjardins Melodia's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Desjardins Melodia Balanced helps investors to forecast how Desjardins fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Desjardins Melodia more accurately as focusing exclusively on Desjardins Melodia's fundamentals will not take into account other important factors: Desjardins Melodia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desjardins Melodia's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Desjardins Melodia Balanced, and traders can use it to determine the average amount a Desjardins Melodia's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2835
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Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Desjardins Melodia is performing at about 22% 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 Melodia by adding it to a well-diversified portfolio.
Desjardins Melodia Fundamentals Growth
Desjardins Fund prices reflect investors' perceptions of the future prospects and financial health of Desjardins Melodia, and Desjardins Melodia fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Desjardins Fund performance.
| Total Asset | 2.34 B | |||
About Desjardins Melodia Performance
Evaluating Desjardins Melodia's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Desjardins Melodia has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Desjardins Melodia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Its objective is to provide long-term capital appreciation and, to a lesser extent, generate an income return. Desjardins Melodia is traded on Toronto Stock Exchange in Canada.Things to note about Desjardins Melodia performance evaluation
Checking the ongoing alerts about Desjardins Melodia for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Desjardins Melodia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds about 33.81% of its total net assets in fixed income securities |
- Analyzing Desjardins Melodia's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Desjardins Melodia's stock is overvalued or undervalued compared to its peers.
- Examining Desjardins Melodia's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Desjardins Melodia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Desjardins Melodia's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Desjardins Melodia's fund. These opinions can provide insight into Desjardins Melodia's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Desjardins Fund
Desjardins Melodia 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 Melodia security.
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