Desjardins American Equity Etf Performance
DMEU Etf | 24.75 0.03 0.12% |
The etf shows a Beta (market volatility) of 0.0771, which means not very significant fluctuations relative to the market. As returns on the market increase, Desjardins American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Desjardins American is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Desjardins American Equity are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Desjardins American may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
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Desjardins American Relative Risk vs. Return Landscape
If you would invest 2,281 in Desjardins American Equity on October 9, 2024 and sell it today you would earn a total of 194.00 from holding Desjardins American Equity or generate 8.51% return on investment over 90 days. Desjardins American Equity is generating 0.1389% of daily returns and assumes 0.7474% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs 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 |
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Desjardins American Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desjardins American's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Desjardins American Equity, and traders can use it to determine the average amount a Desjardins American'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 = 0.1858
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Estimated Market Risk
0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Desjardins American is performing at about 14% 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 American by adding it to a well-diversified portfolio.
About Desjardins American Performance
By examining Desjardins American's fundamental ratios, stakeholders can obtain critical insights into Desjardins American'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 American 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.
Desjardins American is entity of Canada. It is traded as Etf on TO exchange.