DANC:CA:TSX-Desjardins Alt Long/Short Equity Market Neutral ETF (CAD)

ETF | Alternative Market Neutral |

Last Closing

CAD 22.64

Change

0.00 (0.00)%

Market Cap

CAD 0.35B

Volume

300.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-17 )

Largest Industry Peers for Alternative Market Neutral

Symbol Name Price(Change) Market Cap
PMM:CA Purpose Multi-Strategy Market ..

N/A

CAD 0.04B

ETFs Containing DANC:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Alternative Market Neutral) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.38% 50% F 33% F
Dividend Return 1.28% 100% F 18% F
Total Return 5.66% 50% F 29% F
Trailing 12 Months  
Capital Gain 5.20% 50% F 28% F
Dividend Return 1.29% 100% F 12% F
Total Return 6.49% 50% F 20% F
Trailing 5 Years  
Capital Gain 9.48% 100% F 46% F
Dividend Return 5.45% 100% F 8% B-
Total Return 14.92% 100% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain 1.21% 50% F 38% F
Dividend Return 2.08% 50% F 35% F
Total Return 0.86% 100% F 42% F
Risk Return Profile  
Volatility (Standard Deviation) 2.36% 100% F 97% N/A
Risk Adjusted Return 88.07% 100% F 92% A
Market Capitalization 0.35B 100% F 53% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.