Desjardins Canadian Corporate Etf Performance
| DCBC Etf | 21.22 0.06 0.28% |
The etf shows a Beta (market volatility) of 0.0494, which means not very significant fluctuations relative to the market. As returns on the market increase, Desjardins Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Desjardins Canadian is expected to be smaller as well.
Risk-Adjusted Performance
Modest
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Compared to the overall equity markets, risk-adjusted returns on investments in Desjardins Canadian Corporate are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Desjardins Canadian is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Risk-Controlled Trading Report - Stock Traders Daily | 03/10/2025 |
Desjardins |
Desjardins Canadian Relative Risk vs. Return Landscape
If you would invest 2,097 in Desjardins Canadian Corporate on December 20, 2024 and sell it today you would earn a total of 25.00 from holding Desjardins Canadian Corporate or generate 1.19% return on investment over 90 days. Desjardins Canadian Corporate is generating 0.0201% of daily returns and assumes 0.2784% volatility on return distribution over the 90 days horizon. Simply put, 2% 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 Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desjardins Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Desjardins Canadian Corporate, and traders can use it to determine the average amount a Desjardins Canadian'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 = 0.0723
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Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Desjardins Canadian is performing at about 5% 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 Canadian by adding it to a well-diversified portfolio.