Desjardins' market value is the price at which a share of Desjardins trades on a public exchange. It measures the collective expectations of Desjardins RI Developed investors about its performance. Desjardins is selling at 33.50 as of the 1st of February 2026; that is 0.06 percent increase since the beginning of the trading day. The etf's open price was 33.48. With this module, you can estimate the performance of a buy and hold strategy of Desjardins RI Developed and determine expected loss or profit from investing in Desjardins over a given investment horizon. Check out Desjardins Correlation, Desjardins Volatility and Desjardins Performance module to complement your research on Desjardins.
It's important to distinguish between Desjardins' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Desjardins should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Desjardins' market price signifies the transaction level at which participants voluntarily complete trades.
Desjardins 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Desjardins' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Desjardins.
0.00
11/03/2025
No Change 0.00
0.0
In 2 months and 31 days
02/01/2026
0.00
If you would invest 0.00 in Desjardins on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding Desjardins RI Developed or generate 0.0% return on investment in Desjardins over 90 days. Desjardins is related to or competes with Evolve Automobile, Global X, Harvest Global, Purpose Enhanced, RBC Quant, CI WisdomTree, and Mackenzie International. DESJARDINS is traded on Toronto Stock Exchange in Canada. More
Desjardins Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Desjardins' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Desjardins RI Developed upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desjardins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Desjardins' standard deviation. In reality, there are many statistical measures that can use Desjardins historical prices to predict the future Desjardins' volatility.
As of now, Desjardins Etf is very steady. Desjardins RI Developed secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the etf had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Desjardins RI Developed, which you can use to evaluate the volatility of the entity. Please confirm Desjardins' Mean Deviation of 0.5435, downside deviation of 0.7745, and Coefficient Of Variation of 1019.8 to check if the risk estimate we provide is consistent with the expected return of 0.0773%. The etf shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Desjardins' returns are expected to increase less than the market. However, during the bear market, the loss of holding Desjardins is expected to be smaller as well.
Auto-correlation
-0.28
Weak reverse predictability
Desjardins RI Developed has weak reverse predictability. Overlapping area represents the amount of predictability between Desjardins time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Desjardins RI Developed price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Desjardins price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.28
Spearman Rank Test
0.03
Residual Average
0.0
Price Variance
0.33
Pair Trading with Desjardins
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Desjardins position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Desjardins will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Desjardins could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desjardins when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Desjardins - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Desjardins RI Developed to buy it.
The correlation of Desjardins is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Desjardins moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desjardins RI Developed moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Desjardins can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
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.