Desjardins Valuation
DRFD Etf | CAD 24.00 0.07 0.29% |
At this time, the entity appears to be fairly valued. Desjardins RI Developed shows a prevailing Real Value of C$23.92 per share. The current price of the entity is C$24.0. Our model computes the value of Desjardins RI Developed from reviewing the entity fundamentals such as Last Dividend Paid of 0.64, equity positions weight of 99.41 %, and One Year Return of 18.30 % as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Desjardins' price fluctuation is very steady at this time. Calculation of the real value of Desjardins RI Developed is based on 3 months time horizon. Increasing Desjardins' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Desjardins is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Desjardins Etf. However, Desjardins' 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 24.0 | Real 23.92 | Hype 24.0 | Naive 24.31 |
The intrinsic value of Desjardins' 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' 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 RI Developed helps investors to forecast how Desjardins etf'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 more accurately as focusing exclusively on Desjardins' fundamentals will not take into account other important factors: About Desjardins Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Desjardins RI Developed. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Desjardins RI Developed based exclusively on its fundamental and basic technical indicators. By analyzing Desjardins's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Desjardins's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Desjardins. We calculate exposure to Desjardins's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Desjardins's related companies.DRFD seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a developed markets index that employs a multifactor approach. DESJARDINS is traded on Toronto Stock Exchange in Canada.
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.