Desjardins Alt Longshort Etf Performance
| DANC Etf | CAD 22.73 0.01 0.04% |
The etf shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Desjardins Alt are completely uncorrelated.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Desjardins Alt LongShort are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Desjardins Alt is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Bitcoin Spot ETF Inflows Reach 1 Billion, Led by BlackRock and Fidelity - The Cryptocurrency Post | 11/22/2024 |
| In Threey Sharp Ratio | -0.59 |
Desjardins |
Desjardins Alt Relative Risk vs. Return Landscape
If you would invest 2,237 in Desjardins Alt LongShort on September 12, 2024 and sell it today you would earn a total of 36.00 from holding Desjardins Alt LongShort or generate 1.61% return on investment over 90 days. Desjardins Alt LongShort is generating 0.0254% of daily returns and assumes 0.1138% volatility on return distribution over the 90 days horizon. Simply put, 1% of etfs are less volatile than Desjardins, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Desjardins Alt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desjardins Alt's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Desjardins Alt LongShort, and traders can use it to determine the average amount a Desjardins Alt'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 = 0.2232
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DANC |
Estimated Market Risk
| 0.11 actual daily | 0 100% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Desjardins Alt is performing at about 17% 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 Alt by adding it to a well-diversified portfolio.
Desjardins Alt Fundamentals Growth
Desjardins Etf prices reflect investors' perceptions of the future prospects and financial health of Desjardins Alt, and Desjardins Alt 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 Etf performance.
| Total Asset | 179.45 M | |||
About Desjardins Alt Performance
By examining Desjardins Alt's fundamental ratios, stakeholders can obtain critical insights into Desjardins Alt's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Desjardins Alt is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The Desjardins Alternative ETF seeks to achieve positive returns in both positive or negative equity market conditions. DESJARDINS LNG is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Bitcoin Spot ETF Inflows Reach 1 Billion, Led by BlackRock and Fidelity - The Cryptocurrency Post | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Desjardins Etf
Desjardins Alt 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 Alt security.