Desjardins Ri Global Etf Profile
| DRFG Etf | CAD 27.41 0.14 0.51% |
Performance23 of 100
| Odds Of DistressLess than 9
|
Desjardins is selling at 27.41 as of the 16th of April 2024; that is -0.51 percent down since the beginning of the trading day. The etf's open price was 27.55. Desjardins has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Desjardins RI Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
DRFG seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a global markets index that employs a multifactor approach. DESJARDINS GBL is traded on Toronto Stock Exchange in Canada. More on Desjardins RI Global
Moving together with Desjardins Etf
| 0.98 | XEQT | iShares Core Equity | PairCorr |
| 0.99 | XAW | iShares Core MSCI | PairCorr |
| 0.97 | DXG | Dynamic Active Global | PairCorr |
| 0.98 | VXC | Vanguard FTSE Global | PairCorr |
| 0.98 | XWD | iShares MSCI World | PairCorr |
| 0.99 | VEQT | Vanguard All Equity | PairCorr |
| 0.98 | MWD | Mackenzie Maximum | PairCorr |
Moving against Desjardins Etf
| 0.46 | HURA | Horizons Global Uranium | PairCorr |
Desjardins Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Desjardins' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Desjardins or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Global Equity, DGAM (View all Sectors) |
| Updated At | 16th of April 2024 |
Desjardins RI Global [DRFG] is traded in Canada and was established 2019-03-07. The fund is listed under Global Equity category and is part of DGAM family. Desjardins RI Global currently have 9.45 M in assets under management (AUM). , while the total return for the last 3 years was 5.9%.
Check Desjardins Probability Of Bankruptcy
Top Desjardins RI Global Etf Constituents
| FIS | Fidelity National Information | Stock | Financials |
| NVDA | NVIDIA | Stock | Information Technology |
| GE | GE Aerospace | Stock | Industrials |
| AAPL | Apple Inc | Stock | Information Technology |
| MSFT | Microsoft | Stock | Information Technology |
| BLDR | Builders FirstSource | Stock | Industrials |
| AVGO | Broadcom | Stock | Information Technology |
Desjardins Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Desjardins jumping above the current price in 90 days from now is about 19.0%. The Desjardins RI Global probability density function shows the probability of Desjardins etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Desjardins has a beta of 0.1846 suggesting as returns on the market go up, Desjardins average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Desjardins RI Global will be expected to be much smaller as well. Additionally, desjardins RI Global has an alpha of 0.0913, implying that it can generate a 0.0913 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Desjardins to move above the current price in 90 days from now is about 19.0 (This Desjardins RI Global probability density function shows the probability of Desjardins Etf to fall within a particular range of prices over 90 days) .
Desjardins RI Global Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Desjardins market risk premium is the additional return an investor will receive from holding Desjardins long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Desjardins. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Desjardins' alpha and beta are two of the key measurements used to evaluate Desjardins' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.289 | |||
| Standard Deviation | 0.4292 | |||
| Variance | 0.1842 | |||
| Downside Variance | 0.2542 |
Desjardins RI Global Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Desjardins RI Global Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Desjardins price patterns.
Desjardins Against Markets
Picking the right benchmark for Desjardins etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Desjardins etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Desjardins is critical whether you are bullish or bearish towards Desjardins RI Global at a given time. Please also check how Desjardins' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Desjardins without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Competition Analyzer Now
Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities |
| All Next | Launch Module |
How to buy Desjardins Etf?
Before investing in Desjardins, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Desjardins. To buy Desjardins etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Desjardins. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Desjardins etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Desjardins RI Global etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Desjardins RI Global etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Desjardins RI Global, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Desjardins RI Global?
The danger of trading Desjardins RI Global is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Desjardins is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Desjardins. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Desjardins RI Global is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desjardins RI Global. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.